South-Eastern Asia: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in South-Eastern Asia

In 2021, the Southeast Asian activated natural mineral products market increased by 14% to $X, rising for the sixth consecutive year after two years of decline. The market value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Production of Activated Natural Mineral Products in South-Eastern Asia

In value terms, activated natural mineral products production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a slight contraction. The growth pace was the most rapid in 2019 when the production volume increased by 17% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Activated Natural Mineral Products

Exports in South-Eastern Asia

In 2021, overseas shipments of activated natural mineral products decreased by -9.6% to X tons, falling for the second year in a row after three years of growth. Total exports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -24.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 38%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, activated natural mineral products exports declined to $X in 2021. Total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -26.8% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 36%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Indonesia (X tons) represented the largest exporter of activated natural mineral products, generating 66% of total exports. It was distantly followed by Thailand (X tons) and Malaysia (X tons), together making up a 33% share of total exports.

Exports from Indonesia increased at an average annual rate of +3.9% from 2012 to 2021. At the same time, Thailand (+12.8%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +12.8% from 2012-2021. By contrast, Malaysia (-2.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Thailand increased by +10 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest activated natural mineral products supplier in South-Eastern Asia, comprising 53% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 22% share of total exports.

In Indonesia, activated natural mineral products exports increased at an average annual rate of +1.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (-1.8% per year) and Thailand (+9.4% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, declining by -1.9% against the previous year. Overall, the export price showed a mild slump. The most prominent rate of growth was recorded in 2019 when the export price increased by 11%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+0.8%), while the other leaders experienced a decline in the export price figures.

Imports of Activated Natural Mineral Products

Imports in South-Eastern Asia

In 2021, the amount of activated natural mineral products imported in South-Eastern Asia surged to X tons, increasing by 20% compared with 2020. Overall, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 29% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, activated natural mineral products imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by 24% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Thailand (X tons) was the key importer of activated natural mineral products, generating 42% of total imports. Indonesia (X tons) ranks second in terms of the total imports with a 25% share, followed by Malaysia (17%) and the Philippines (6.7%). The following importers - Singapore (X tons) and Vietnam (X tons) - each accounted for an 8.2% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +31.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest activated natural mineral products importing markets in South-Eastern Asia were Thailand ($X), Indonesia ($X) and Malaysia ($X), with a combined 77% share of total imports.

Among the main importing countries, Malaysia, with a CAGR of +23.9%, recorded 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

The import price in South-Eastern Asia stood at $X per ton in 2021, falling by -3.6% against the previous year. Overall, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the import price increased by 3.8%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+2.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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