Latin America and the Caribbean: Kaolin Market 2021

Kaolin Market Size in Latin America and the Caribbean

The Latin American kaolin market expanded markedly to $X in 2019, increasing by X% against the previous year. In general, consumption continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, the market hit record highs in 2019 and is likely to see gradual growth in the near future.

Kaolin Production in Latin America and the Caribbean

In value terms, kaolin production dropped to $X in 2019 estimated in export prices. Over the period under review, production recorded a slight contraction. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2008; however, from 2009 to 2019, production failed to regain the momentum.

Production By Country in Latin America and the Caribbean

The country with the largest volume of kaolin production was Brazil (X tons), comprising approx. X% of total volume. Moreover, kaolin production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (X tons), tenfold. Chile (X tons) ranked third in terms of total production with a X% share.

In Brazil, kaolin production plunged by an average annual rate of -X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Mexico (+X% per year) and Chile (-X% per year).

Kaolin Exports

Exports in Latin America and the Caribbean

Kaolin exports shrank to X tons in 2019, falling by -X% on 2018. Overall, exports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, exports reached the peak of X tons. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, kaolin exports contracted to $X in 2019. In general, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of kaolin, namely Brazil, represented more than two-thirds of total export.

Brazil was also the fastest-growing in terms of the kaolin exports, with a CAGR of -X% from 2007 to 2019. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest kaolin supplier in Latin America and the Caribbean.

In Brazil, kaolin exports decreased by an average annual rate of -X% over the period from 2007-2019.

Export Prices by Country

In 2019, the kaolin export price in Latin America and the Caribbean amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, recorded a mild decrease. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.

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

From 2007 to 2019, the rate of growth in terms of prices for Brazil amounted to -X% per year.

Kaolin Imports

Imports in Latin America and the Caribbean

In 2019, approx. X tons of kaolin were imported in Latin America and the Caribbean; shrinking by -X% against the previous year's figure. Overall, imports continue to indicate a slight descent. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, kaolin imports contracted slightly to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018, and then fell in the following year.

Imports by Country

Mexico prevails in kaolin imports structure, reaching X tons, which was near X% of total imports in 2019. It was distantly followed by Brazil (X tons), making up a X% share of total imports. The following importers - Colombia (X tons), Argentina (X tons), Ecuador (X tons) and Chile (X tons) - together made up X% of total imports.

Imports into Mexico decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Brazil (+X%), Colombia (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2019. By contrast, Chile (-X%) and Ecuador (-X%) illustrated a downward trend over the same period. While the share of Mexico (+X p.p.), Brazil (+X p.p.) and Colombia (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of Ecuador (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported kaolin in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Mexico amounted to +X%. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Colombia (+X% per year).

Import Prices by Country

The kaolin import price in Latin America and the Caribbean stood at $X per ton in 2019, approximately equating the previous year. Import price indicated a noticeable increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, kaolin import price increased by +X% against 2009 indices. The growth pace was the most rapid in 2015 an increase of X% y-o-y. Over the period under review, import prices hit record highs in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Chile ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ecuador, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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