South-Eastern Asia: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in South-Eastern Asia

The Southeast Asian gypsum, anhydrite and limestone market was estimated at $X in 2021, growing by 3.9% against the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Gypsum, Anhydrite And Limestone in South-Eastern Asia

In value terms, gypsum, anhydrite and limestone production rose modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 30%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Exports of Gypsum, Anhydrite And Limestone

Exports in South-Eastern Asia

In 2021, shipments abroad of gypsum, anhydrite and limestone was finally on the rise to reach X tons after two years of decline. Overall, exports showed a relatively flat trend pattern. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, gypsum, anhydrite and limestone exports skyrocketed to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Thailand (X tons) represented the major exporter of gypsum, anhydrite and limestone, achieving 61% of total exports. Vietnam (X tons) took the second position in the ranking, distantly followed by Malaysia (X tons) and the Philippines (X tons). All these countries together took near 38% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to gypsum, anhydrite and limestone exports from Thailand stood at -2.6%. At the same time, Vietnam (+12.3%) and the Philippines (+9.5%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +12.3% from 2012-2021. Malaysia experienced a relatively flat trend pattern. Vietnam (+13 p.p.) and the Philippines (+4.8 p.p.) significantly strengthened its position in terms of the total exports, while Thailand saw its share reduced by -17.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest gypsum, anhydrite and limestone supplier in South-Eastern Asia, comprising 62% of total exports. The second position in the ranking was held by Malaysia ($X), with a 21% share of total exports. It was followed by Vietnam, with a 9.8% share.

In Thailand, gypsum, anhydrite and limestone exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+5.3% per year) and Vietnam (-7.0% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, shrinking by -12% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the export price increased by 18% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the Philippines ($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 (+6.2%), while the other leaders experienced more modest paces of growth.

Imports of Gypsum, Anhydrite And Limestone

Imports in South-Eastern Asia

In 2021, overseas purchases of gypsum, anhydrite and limestone were finally on the rise to reach X tons after two years of decline. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gypsum, anhydrite and limestone imports surged to $X in 2021. The total import value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Indonesia (X tons) and Vietnam (X tons) represented roughly 66% of total imports in 2021. It was distantly followed by the Philippines (X tons), Malaysia (X tons) and Cambodia (X tons), together mixing up a 33% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cambodia (with a CAGR of +25.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constitutes the largest market for imported gypsum, anhydrite and limestone in South-Eastern Asia, comprising 49% of total imports. The second position in the ranking was held by Vietnam ($X), with a 21% share of total imports. It was followed by Malaysia, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Indonesia amounted to +8.6%. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (-0.9% per year) and Malaysia (+1.1% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, declining by -2.3% against the previous year. Over the period under review, the import price showed a noticeable curtailment. The pace of growth was the most pronounced in 2017 an increase of 5.8%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+2.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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