South-Eastern Asia: Agglomerated Dolomite Market 2024

Agglomerated Dolomite Market Size in South-Eastern Asia

The Southeast Asian agglomerated dolomite market soared to $X in 2022, growing by 21% against the previous year. In general, consumption, however, saw a significant expansion. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Agglomerated Dolomite Production in South-Eastern Asia

In value terms, agglomerated dolomite production amounted to $X in 2022 estimated in export price. Over the period under review, production showed prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 276%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Agglomerated Dolomite Exports

Exports in South-Eastern Asia

In 2022, agglomerated dolomite exports in South-Eastern Asia declined slightly to X tons, remaining constant against 2021 figures. Over the period under review, exports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2013 with an increase of 632%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, agglomerated dolomite exports fell remarkably to $X in 2022. Overall, exports showed a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of 244%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia was the major exporter of agglomerated dolomite in South-Eastern Asia, with the volume of exports amounting to X tons, which was approx. 73% of total exports in 2022. It was distantly followed by Malaysia (X tons), committing a 23% share of total exports. Singapore (X tons) followed a long way behind the leaders.

Indonesia was also the fastest-growing in terms of the agglomerated dolomite exports, with a CAGR of +37.7% from 2012 to 2022. At the same time, Malaysia (+14.9%) and Singapore (+14.2%) displayed positive paces of growth. Indonesia (+72 p.p.), Malaysia (+23 p.p.) and Singapore (+4.1 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest agglomerated dolomite supplier in South-Eastern Asia, comprising 61% of total exports. The second position in the ranking was held by Malaysia ($X), with a 23% share of total exports.

In Indonesia, agglomerated dolomite exports expanded at an average annual rate of +22.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (+3.4% per year) and Singapore (+20.3% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, dropping by -16.7% against the previous year. In general, the export price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2021 when the export price increased by 1,738%. As a result, the export price attained the peak level of $X per ton, and then declined markedly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.3%), while the other leaders experienced a decline in the export price figures.

Agglomerated Dolomite Imports

Imports in South-Eastern Asia

In 2022, after two years of growth, there was significant decline in supplies from abroad of agglomerated dolomite, when their volume decreased by -35.6% to X tons. In general, imports, however, enjoyed a mild increase. The most prominent rate of growth was recorded in 2014 with an increase of 83%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, agglomerated dolomite imports contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a measured increase. The pace of growth was the most pronounced in 2014 with an increase of 169% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Indonesia (X tons), Malaysia (X tons) and Vietnam (X tons) represented roughly 83% of total imports in 2022. Thailand (X tons) took the next position in the ranking, followed by Singapore (X tons). All these countries together held approx. 14% share of total imports. Myanmar (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +49.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) constitutes the largest market for imported agglomerated dolomite in South-Eastern Asia, comprising 44% of total imports. The second position in the ranking was held by Indonesia ($X), with an 18% share of total imports. It was followed by Thailand, with a 15% share.

In Malaysia, agglomerated dolomite imports increased at an average annual rate of +3.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (+1.2% per year) and Thailand (+3.3% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, picking up by 34% against the previous year. In general, the import price recorded moderate growth. The most prominent rate of growth was recorded in 2017 an increase of 52%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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