India: Market for Refractory Products of Siliceous or Diatomite Earths 2025

Market Size for Refractory Products of Siliceous or Diatomite Earths in India

After two years of decline, the Indian market for refractory products of siliceous or diatomite earths increased by 0.1% to $X in 2021. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Refractory Products of Siliceous or Diatomite Earths in India

In value terms, production of refractory products of siliceous or diatomite earths stood at $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 59% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production of growth remained at a lower figure.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports from India

In 2021, overseas shipments of refractory products of siliceous or diatomite earths increased by 6.2% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, showed a perceptible downturn. The growth pace was the most rapid in 2014 with an increase of 48% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of refractory products of siliceous or diatomite earths stood at $X in 2021. In general, exports, however, recorded a deep setback. The growth pace was the most rapid in 2014 with an increase of 75% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Nepal (X tons) was the main destination for exports of refractory products of siliceous or diatomite earths from India, with a 36% share of total exports. Moreover, exports of refractory products of siliceous or diatomite earths to Nepal exceeded the volume sent to the second major destination, Bhutan (X tons), threefold. Rwanda (X tons) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nepal amounted to +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bhutan (-6.1% per year) and Rwanda (+61.8% per year).

In value terms, Nepal ($X) remains the key foreign market for refractory products of siliceous or diatomite earths exports from India, comprising 24% of total exports. The second position in the ranking was held by Australia ($X), with an 11% share of total exports. It was followed by Rwanda, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value to Nepal totaled +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+11.3% per year) and Rwanda (+42.5% per year).

Export Prices by Country

In 2021, the average export price for refractory products of siliceous or diatomite earths amounted to $X per ton, waning by -4.5% against the previous year. Overall, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2015 an increase of 39% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 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 Australia ($X per ton), while the average price for exports to Bhutan ($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 Gambia (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports into India

In 2021, overseas purchases of refractory products of siliceous or diatomite earths increased by 3.2% to X tons, rising for the second year in a row after four years of decline. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of 657%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of refractory products of siliceous or diatomite earths soared to $X in 2021. Over the period under review, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2015 when imports increased by 506% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest refractory products of siliceous or diatomite earths supplier to India, accounting for a 42% share of total imports. Moreover, imports of refractory products of siliceous or diatomite earths from China exceeded the figures recorded by the second-largest supplier, Oman (X tons), twofold. The third position in this ranking was taken by Denmark (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (+33.2% per year) and Denmark (+3.5% per year).

In value terms, the largest refractory products of siliceous or diatomite earths suppliers to India were China ($X), Denmark ($X) and Oman ($X), with a combined 63% share of total imports. The UK, Italy, Malaysia, Russia, Saudi Arabia, Austria, the United States and Bangladesh lagged somewhat behind, together accounting for a further 22%.

Among the main suppliers, Russia, with a CAGR of +99.3%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average import price for refractory products of siliceous or diatomite earths amounted to $X per ton, jumping by 53% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 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 Italy ($X per ton), while the price for Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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