Southern Asia: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in Southern Asia

The South Asian calcium carbonate market soared to $X in 2021, with an increase of 30% against the previous year. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Calcium Carbonate Production in Southern Asia

In value terms, calcium carbonate production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 24% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Calcium Carbonate Exports

Exports in Southern Asia

In 2021, shipments abroad of calcium carbonate was finally on the rise to reach X tons after two years of decline. Total exports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 50%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, calcium carbonate exports soared to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.8% 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 increased by +73.6% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India prevails in exports structure, finishing at X tons, which was approx. 94% of total exports in 2021. Pakistan (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +4.0% from 2012 to 2021. At the same time, Pakistan (+6.8%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +6.8% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest calcium carbonate supplier in Southern Asia, comprising 98% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 1.2% share of total exports.

In India, calcium carbonate exports increased at an average annual rate of +7.0% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, picking up by 1.8% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2015 an increase of 38%. Over the period under review, the export prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.9%).

Calcium Carbonate Imports

Imports in Southern Asia

In 2021, imports of calcium carbonate in Southern Asia soared to X tons, increasing by 40% on 2020 figures. Overall, imports continue to indicate prominent growth. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, calcium carbonate imports soared to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +10.5% 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.

Imports by Country

India prevails in imports structure, reaching X tons, which was near 91% of total imports in 2021. It was distantly followed by Bangladesh (X tons), constituting a 6.3% share of total imports. Nepal (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the calcium carbonate imports, with a CAGR of +13.8% from 2012 to 2021. At the same time, Nepal (+6.8%) and Bangladesh (+5.8%) displayed positive paces of growth. While the share of India (+7.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Bangladesh (-4.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported calcium carbonate in Southern Asia, comprising 80% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in India stood at +10.7%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+12.7% per year) and Nepal (+4.7% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, rising by 21% against the previous year. Overall, the import price, however, recorded a pronounced decrease. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat 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 Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+6.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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