India: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in India

The Indian activated natural mineral products market rose modestly to $X in 2021, with an increase of 1.7% against the previous year. Over the period under review, consumption showed a mild decline. The most prominent rate of growth was recorded in 2018 when the market value increased by 4.1%. Activated natural mineral products consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Activated Natural Mineral Products in India

In value terms, activated natural mineral products production rose modestly to $X in 2021 estimated in export price. Overall, production recorded a mild decline. The pace of growth appeared the most rapid in 2018 when the production volume increased by 5.5%. Activated natural mineral products production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Activated Natural Mineral Products

Exports from India

In 2021, overseas shipments of activated natural mineral products decreased by -7.1% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of 61%. Over the period under review, the exports reached the maximum at X tons in 2020, and then declined in the following year.

In value terms, activated natural mineral products exports reduced modestly to $X in 2021. Over the period under review, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of 44%. The exports peaked at $X in 2020, and then reduced modestly in the following year.

Exports by Country

Bangladesh (X tons), Malaysia (X tons) and Belgium (X tons) were the main destinations of activated natural mineral products exports from India, together accounting for 31% of total exports. These countries were followed by Saudi Arabia, Indonesia, Nepal, Kenya, Nigeria, South Korea, Vietnam, Oman, Russia and the Philippines, which together accounted for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nepal (with a CAGR of +84.2%), while the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X), Saudi Arabia ($X) and Belgium ($X) appeared to be the largest markets for activated natural mineral products exported from India worldwide, with a combined 27% share of total exports. These countries were followed by South Korea, Nepal, Malaysia, Oman, Kenya, Indonesia, Vietnam, Nigeria, Russia and the Philippines, which together accounted for a further 29%.

Nepal, with a CAGR of +81.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average activated natural mineral products export price amounted to $X per ton, growing by 5.8% against the previous year. Over the period under review, the export price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 7.4%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Malaysia ($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 Saudi Arabia (+0.7%), while the prices for the other major destinations experienced a decline.

Imports of Activated Natural Mineral Products

Imports into India

Activated natural mineral products imports into India stood at X tons in 2021, almost unchanged from the year before. In general, imports, however, showed a mild contraction. The pace of growth was the most pronounced in 2014 when imports increased by 159%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, activated natural mineral products imports soared to $X in 2021. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Mozambique (X tons) was the main supplier of activated natural mineral products to India, with a 93% share of total imports. It was followed by the United States (X tons), with a 1.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Mozambique was relatively modest.

In value terms, Mozambique ($X) constituted the largest supplier of activated natural mineral products to India, comprising 35% of total imports. The second position in the ranking was taken by the United States ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Mozambique stood at -5.4%.

Import Prices by Country

In 2021, the average activated natural mineral products import price amounted to $X per ton, jumping by 24% against the previous year. Overall, the import price enjoyed measured growth. The pace of growth appeared the most rapid in 2013 an increase of 140% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Mozambique stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+23.3%).

Source: IndexBox Platform

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