South-Eastern Asia: Chalk Market 2022

Chalk Market Size in South-Eastern Asia

The Southeast Asian chalk market soared to $X in 2021, with an increase of 54% against the previous year. Over the period under review, consumption, however, posted a remarkable increase. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Chalk Production in South-Eastern Asia

In value terms, chalk production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 201%. The level of production peaked in 2021 and is expected to retain growth in the near future.

Chalk Exports

Exports in South-Eastern Asia

In 2021, overseas shipments of chalks decreased by -27.4% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2013 with an increase of 83% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, chalk exports expanded significantly to $X in 2021. In general, exports, however, posted strong growth. The growth pace was the most rapid in 2017 with an increase of 56%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Vietnam dominates exports structure, accounting for X tons, which was approx. 96% of total exports in 2021. Singapore (X tons) took a little share of total exports.

Vietnam was also the fastest-growing in terms of the chalks exports, with a CAGR of +7.8% from 2012 to 2021. Singapore (-11.5%) illustrated a downward trend over the same period. Vietnam (+30 p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by -6.1% from 2012 to 2021, respectively.

In value terms, Vietnam ($X) remains the largest chalk supplier in South-Eastern Asia, comprising 87% of total exports. The second position in the ranking was taken by Singapore ($X), with a 5.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Vietnam totaled +20.7%.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, increasing by 58% against the previous year. In general, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when the export price increased by 180%. Over the period under review, the export prices reached the maximum in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Singapore ($X per ton), while Vietnam stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+11.9%).

Chalk Imports

Imports in South-Eastern Asia

In 2021, approx. X tons of chalks were imported in South-Eastern Asia; rising by 23% against the previous year's figure. In general, imports, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2015 with an increase of 85% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, chalk imports reduced sharply to $X in 2021. Over the period under review, imports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 29% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Vietnam was the major importer of chalks in South-Eastern Asia, with the volume of imports accounting for X tons, which was near 47% of total imports in 2021. It was distantly followed by Indonesia (X tons), Singapore (X tons) and the Philippines (X tons), together comprising a 46% share of total imports. The following importers - Malaysia (X tons) and Thailand (X tons) - each finished at a 5.2% share of total imports.

Vietnam was also the fastest-growing in terms of the chalks imports, with a CAGR of +29.9% from 2012 to 2021. At the same time, Thailand (+4.6%) displayed positive paces of growth. By contrast, the Philippines (-5.0%), Malaysia (-6.0%), Indonesia (-9.4%) and Singapore (-12.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Vietnam increased by +44 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Indonesia ($X) and the Philippines ($X) constituted the countries with the highest levels of imports in 2021, together comprising 79% of total imports. These countries were followed by Vietnam, Malaysia and Thailand, which together accounted for a further 17%.

Among the main importing countries, Vietnam, with a CAGR of +16.8%, 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 a decline in the imports figures.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, falling by -34.3% against the previous year. In general, the import price saw a abrupt shrinkage. The growth pace was the most rapid in 2020 when the import price increased by 71% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Singapore ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+6.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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