China: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in China

After five years of growth, the Chinese gypsum, anhydrite and limestone market decreased by -13.4% to $X in 2021. Overall, consumption, however, recorded resilient growth. Over the period under review, the market attained the maximum level at $X in 2020, and then shrank in the following year.

Production of Gypsum, Anhydrite And Limestone in China

In value terms, gypsum, anhydrite and limestone production fell to $X in 2021 estimated in export price. In general, production continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 48%. Over the period under review, production reached the maximum level at $X in 2020, and then declined in the following year.

Exports of Gypsum, Anhydrite And Limestone

Exports from China

After two years of decline, shipments abroad of gypsum, anhydrite and limestone increased by 370% to X tons in 2021. Over the period under review, exports enjoyed a remarkable increase. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, gypsum, anhydrite and limestone exports surged to $X in 2021. In general, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Indonesia (X tons) was the main destination for gypsum, anhydrite and limestone exports from China, with a 50% share of total exports. Moreover, gypsum, anhydrite and limestone exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X tons), threefold. South Korea (X tons) ranked third in terms of total exports with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Indonesia totaled +94.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+54.4% per year) and South Korea (-15.4% per year).

In value terms, Indonesia ($X) emerged as the key foreign market for gypsum, anhydrite and limestone exports from China, comprising 48% of total exports. The second position in the ranking was held by Malaysia ($X), with an 18% share of total exports. It was followed by South Korea, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value to Indonesia totaled +56.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+49.6% per year) and South Korea (-3.1% per year).

Export Prices by Country

In 2021, the average gypsum, anhydrite and limestone export price amounted to $X per ton, declining by -33.9% against the previous year. Overall, the export price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 77% against the previous year. The export price peaked at $X per ton in 2020, and then shrank dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to South Korea ($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 Vietnam (+20.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Gypsum, Anhydrite And Limestone

Imports into China

After nine years of growth, supplies from abroad of gypsum, anhydrite and limestone decreased by -81.1% to X tons in 2021. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 254% against the previous year. Imports peaked at X tons in 2020, and then reduced sharply in the following year.

In value terms, gypsum, anhydrite and limestone imports reduced remarkably to $X in 2021. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2019 when imports increased by 141%. Imports peaked at $X in 2020, and then declined remarkably in the following year.

Imports by Country

Thailand (X tons), Vietnam (X tons) and Iran (X tons) were the main suppliers of gypsum, anhydrite and limestone imports to China, together comprising 78% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +430.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gypsum, anhydrite and limestone suppliers to China were Thailand ($X), Morocco ($X) and Iran ($X), with a combined 61% share of total imports. Vietnam, Spain and the United Arab Emirates lagged somewhat behind, together comprising a further 29%.

Among the main suppliers, Vietnam, with a CAGR of +311.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gypsum, anhydrite and limestone import price stood at $X per ton in 2021, with an increase of 79% against the previous year. In general, the import price, however, faced a deep downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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