India: Chalk Market 2022

Chalk Market Size in India

The Indian chalk market contracted to $X in 2021, dropping by -1.8% against the previous year. Over the period under review, consumption showed a pronounced decrease. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Chalk Production in India

In value terms, chalk production rose modestly to $X in 2021 estimated in export price. Overall, production showed a noticeable slump. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Chalk Exports

Exports from India

In 2021, approx. X tons of chalks were exported from India; with an increase of 36% compared with 2020. In general, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 91%. Over the period under review, the exports attained the maximum at X tons in 2019; afterwards, it flattened through to 2021.

In value terms, chalk exports skyrocketed to $X in 2021. Over the period under review, exports recorded a moderate increase. The most prominent rate of growth was recorded in 2018 with an increase of 116%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Nepal (X tons) was the main destination for chalk exports from India, with a 92% share of total exports. It was followed by Egypt (X tons), with a 2.9% share of total exports. Democratic Republic of the Congo (X tons) ranked third in terms of total exports with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nepal stood at +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+8.8% per year) and Democratic Republic of the Congo (+107.6% per year).

In value terms, Nepal ($X) remains the key foreign market for chalk exports from India, comprising 75% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with an 8.3% share of total exports. It was followed by Egypt, with a 6% share.

From 2012 to 2021, the average annual growth rate of value to Nepal totaled +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+103.9% per year) and Egypt (+8.9% per year).

Export Prices by Country

The average chalk export price stood at $X per ton in 2021, rising by 3.1% against the previous year. Over the period under review, the export price, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by 23%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Nepal ($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 Bangladesh (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Chalk Imports

Imports into India

In 2021, after three years of decline, there was significant growth in overseas purchases of chalks, when their volume increased by 5.4% to X tons. In general, imports, however, showed a deep contraction. The pace of growth was the most pronounced in 2014 when imports increased by 1,355% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, chalk imports surged to $X in 2021. Overall, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2014 when imports increased by 514% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Egypt (X tons) constituted the largest chalk supplier to India, accounting for a 56% share of total imports. Moreover, chalk imports from Egypt exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Egypt stood at -56.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-29.0% per year) and the United States (-9.7% per year).

In value terms, the United States ($X), Egypt ($X) and Spain ($X) appeared to be the largest chalk suppliers to India, with a combined 73% share of total imports. Japan, Germany and the UK lagged somewhat behind, together accounting for a further 24%.

Among the main suppliers, Japan, with a CAGR of +46.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average chalk import price amounted to $X per ton, growing by 47% against the previous year. Overall, the import price saw prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 150%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+56.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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