Eastern Asia: Market for Natural Calcium And Aluminium Phosphates 2022

Market Size for Natural Calcium And Aluminium Phosphates in Eastern Asia

The East Asian market for natural calcium and aluminium phosphates expanded rapidly to $X in 2021, increasing by 7% against the previous year. The total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +70.2% against 2016 indices. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Production of Natural Calcium And Aluminium Phosphates in Eastern Asia

In value terms, natural calcium and aluminium phosphates production rose remarkably to $X in 2021 estimated in export price. The total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +70.7% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of 23%. Over the period under review, production reached the maximum level in 2021 and is likely to see steady growth in the immediate term.

Exports of Natural Calcium And Aluminium Phosphates

Exports in Eastern Asia

In 2021, the amount of natural calcium and aluminium phosphates exported in Eastern Asia declined to X tons, which is down by -11.4% compared with the year before. Overall, exports saw a pronounced slump. The pace of growth appeared the most rapid in 2017 when exports increased by 44% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, natural calcium and aluminium phosphates exports stood at $X in 2021. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 45% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, China (X tons) was the key exporter of natural calcium and aluminium phosphates in Eastern Asia, creating 100% of total export.

China was also the fastest-growing in terms of the natural calcium and aluminium phosphates exports, with a CAGR of -2.7% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest natural calcium and aluminium phosphates supplier in Eastern Asia.

From 2012 to 2021, the average annual growth rate of value in China totaled -9.1%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, picking up by 14% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -6.5% per year.

Imports of Natural Calcium And Aluminium Phosphates

Imports in Eastern Asia

In 2021, overseas purchases of natural calcium and aluminium phosphates were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, recorded a perceptible reduction. The growth pace was the most rapid in 2018 when imports increased by 14%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, natural calcium and aluminium phosphates imports expanded remarkably to $X in 2021. Overall, imports, however, continue to indicate a abrupt decline. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

South Korea represented the major importing country with an import of about X tons, which resulted at 62% of total imports. Taiwan (Chinese) (X tons) took the second position in the ranking, followed by Japan (X tons) and China (X tons). All these countries together took approx. 38% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to natural calcium and aluminium phosphates imports into South Korea stood at -1.1%. At the same time, China (+133.4%) and Taiwan (Chinese) (+2.0%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +133.4% from 2012-2021. By contrast, Japan (-14.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Korea, Taiwan (Chinese) and China increased by +14, +7.6 and +5 percentage points, respectively.

In value terms, South Korea ($X) constitutes the largest market for imported natural calcium and aluminium phosphates in Eastern Asia, comprising 57% of total imports. The second position in the ranking was held by Japan ($X), with a 22% share of total imports. It was followed by Taiwan (Chinese), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value in South Korea totaled -6.3%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-16.2% per year) and Taiwan (Chinese) (-3.2% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2021, growing by 9.9% against the previous year. Overall, the import price, however, showed a abrupt decline. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-2.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :