China: Dolomite Market 2024

Dolomite Market Size in China

The Chinese dolomite market was estimated at $X in 2021, surging by 2.8% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Dolomite Production in China

In value terms, dolomite production expanded slightly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 45% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Dolomite Exports

Exports from China

In 2021, dolomite exports from China surged to X tons, with an increase of 30% compared with the year before. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 32%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, dolomite exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Japan (X tons) was the main destination for dolomite exports from China, with a 81% share of total exports. Moreover, dolomite exports to Japan exceeded the volume sent to the second major destination, Vietnam (X tons), more than tenfold. The third position in this ranking was held by Malaysia (X tons), with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume to Japan stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+31.9% per year) and Malaysia (+64.7% per year).

In value terms, Japan ($X) remains the key foreign market for chalk and dolomite exports from China, comprising 61% of total exports. The second position in the ranking was held by Vietnam ($X), with a 14% share of total exports. It was followed by Malaysia, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan totaled -1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+21.9% per year) and Malaysia (+39.5% per year).

Export Prices by Country

In 2021, the average dolomite export price amounted to $X per ton, with an increase of 7.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2014 an increase of 42%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+9.7%), while the prices for the other major destinations experienced a decline.

Dolomite Imports

Imports into China

For the fourth consecutive year, China recorded decline in overseas purchases of chalk and dolomite, which decreased by -9.7% to X tons in 2021. Overall, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 when imports increased by 37%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, dolomite imports skyrocketed to $X in 2021. Over the period under review, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 54%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Greece (X tons) constituted the largest dolomite supplier to China, accounting for a 74% share of total imports. Moreover, dolomite imports from Greece exceeded the figures recorded by the second-largest supplier, Spain (X tons), sevenfold. Turkey (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume from Greece amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-16.7% per year) and Turkey (-25.4% per year).

In value terms, Greece ($X) constituted the largest supplier of chalk and dolomite to China, comprising 88% of total imports. The second position in the ranking was taken by Spain ($X), with a 3.7% share of total imports. It was followed by Turkey, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Greece amounted to +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-19.3% per year) and Turkey (-27.4% per year).

Import Prices by Country

The average dolomite import price stood at $X per ton in 2021, rising by 49% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 66%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :