South-Eastern Asia: Bentonite Market 2021

Bentonite Market Size in South-Eastern Asia

The Southeast Asian bentonite market reached $X in 2019, picking up by X% against the previous year. Overall, consumption saw strong growth. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2016; however, from 2017 to 2019, consumption failed to regain the momentum.

Bentonite Production in South-Eastern Asia

In value terms, bentonite production contracted to $X in 2019 estimated in export prices. Overall, production continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2019, production stood at a somewhat lower figure.

Production By Country in South-Eastern Asia

The country with the largest volume of bentonite production was Indonesia (X tons), comprising approx. X% of total volume. Moreover, bentonite production in Indonesia exceeded the figures recorded by the second-largest producer, the Philippines (X tons), ninefold.

From 2007 to 2019, the average annual growth rate of volume in Indonesia stood at +X%.

Bentonite Exports

Exports in South-Eastern Asia

In 2019, bentonite exports in South-Eastern Asia stood at X tons, growing by X% on the year before. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. As a result, exports reached the peak of X tons. From 2011 to 2019, the growth exports failed to regain the momentum.

In value terms, bentonite exports amounted to $X in 2019. Total exports indicated a pronounced expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, Malaysia (X tons) represented the main exporter of bentonite, constituting X% of total exports. Thailand (X tons) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%) and Singapore (X%).

Malaysia was also the fastest-growing in terms of the bentonite exports, with a CAGR of +X% from 2007 to 2019. Thailand experienced a relatively flat trend pattern. Singapore (-X%) and Indonesia (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Malaysia increased by +X% percentage points, while Thailand (-X p.p.), Singapore (-X p.p.) and Indonesia (-X p.p.) saw their share reduced.

In value terms, Malaysia ($X) remains the largest bentonite supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Malaysia amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+X% per year) and Singapore (-X% per year).

Export Prices by Country

The bentonite export price in South-Eastern Asia stood at $X per ton in 2019, falling by -X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the export price increased by X% against the previous year. Over the period under review, export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Bentonite Imports

Imports in South-Eastern Asia

In 2019, bentonite imports in South-Eastern Asia stood at X tons, growing by X% on 2018. In general, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2019 and are likely to see steady growth in the immediate term.

In value terms, bentonite imports reduced to $X in 2019. Over the period under review, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Indonesia (X tons) and Malaysia (X tons) represented the main importers of bentonite in South-Eastern Asia, together recording approx. X% of total imports. It was distantly followed by Thailand (X tons), achieving a X% share of total imports. Vietnam (X tons) and Singapore (X tons) took a relatively small share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite importing markets in South-Eastern Asia were Thailand ($X), Indonesia ($X) and Malaysia ($X), together accounting for X% of total imports.

Among the main importing countries, Thailand 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 2019, the bentonite import price in South-Eastern Asia amounted to $X per ton, declining by -X% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The level of import peaked at $X per ton in 2007; however, from 2008 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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