India: Gypsum And Anhydrite Market 2024

Gypsum And Anhydrite Market Size in India

In 2021, the Indian gypsum and anhydrite market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption showed mild growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Gypsum And Anhydrite Production in India

In value terms, gypsum and anhydrite production totaled $X in 2021 estimated in export price. In general, production recorded a measured expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 57% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Gypsum And Anhydrite Exports

Exports from India

In 2021, approx. X tons of gypsum and anhydrite were exported from India; rising by 38% against the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2013 when exports increased by 137% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, gypsum and anhydrite exports surged to $X in 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 160% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Nepal (X tons) was the main destination for gypsum and anhydrite exports from India, with a 99% share of total exports. It was followed by Bangladesh (X tons), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nepal amounted to +29.9%.

In value terms, Nepal ($X) remains the key foreign market for gypsum and anhydrite exports from India, comprising 98% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a 0.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Nepal totaled +41.3%.

Export Prices by Country

The average gypsum and anhydrite export price stood at $X per ton in 2021, picking up by 8.6% against the previous year. Overall, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 45% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Nepal amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+39.2%).

Gypsum And Anhydrite Imports

Imports into India

In 2021, purchases abroad of gypsum and anhydrite increased by 21% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 36%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, gypsum and anhydrite imports soared to $X in 2021. In general, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Oman (X tons) constituted the largest supplier of gypsum and anhydrite to India, accounting for a 78% share of total imports. Moreover, gypsum and anhydrite imports from Oman exceeded the figures recorded by the second-largest supplier, Iran (X tons), fivefold. Thailand (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Oman amounted to +29.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+4.7% per year) and Thailand (-19.7% per year).

In value terms, Oman ($X) constituted the largest supplier of gypsum and anhydrite to India, comprising 69% of total imports. The second position in the ranking was taken by Iran ($X), with a 16% share of total imports. It was followed by Bhutan, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Oman stood at +35.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+1.1% per year) and Bhutan (-6.7% per year).

Import Prices by Country

The average gypsum and anhydrite import price stood at $X per ton in 2021, picking up by 16% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bhutan (+33.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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