Southern Asia: Gypsum And Anhydrite Market 2024

Gypsum And Anhydrite Market Size in Southern Asia

The South Asian gypsum and anhydrite market declined slightly to $X in 2021, shrinking by -1.9% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption reached the peak level of $X, and then contracted slightly in the following year.

Gypsum And Anhydrite Production in Southern Asia

In value terms, gypsum and anhydrite production fell to $X in 2021 estimated in export price. Overall, production showed a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Gypsum And Anhydrite Exports

Exports in Southern Asia

In 2021, overseas shipments of gypsum and anhydrite increased by 38% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by 105%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, gypsum and anhydrite exports soared to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 64%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Bhutan was the key exporting country with an export of around X tons, which amounted to 64% of total exports. It was distantly followed by India (X tons), committing a 34% share of total exports.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +27.8%).

In value terms, Bhutan ($X) and India ($X) constituted the countries with the highest levels of exports in 2021.

India, with a CAGR of +35.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, increasing by 6.7% against the previous year. Overall, the export price, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2013 an increase of 67% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Bhutan ($X per ton), while India stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.8%).

Gypsum And Anhydrite Imports

Imports in Southern Asia

Gypsum and anhydrite imports totaled X tons in 2021, surging by 9.8% against the year before. Total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +9.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +8.8% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of 24%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, gypsum and anhydrite imports surged to $X in 2021. Total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 20% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, India (X tons) represented the largest importer of gypsum and anhydrite, constituting 75% of total imports. It was distantly followed by Bangladesh (X tons), comprising a 20% share of total imports. The following importers - Sri Lanka (X tons) and Nepal (X tons) - each recorded a 5.3% share of total imports.

Imports into India increased at an average annual rate of +8.8% from 2012 to 2021. At the same time, Bangladesh (+11.8%), Nepal (+7.4%) and Sri Lanka (+5.6%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +11.8% from 2012-2021. Bangladesh (+3.8 p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by -2.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported gypsum and anhydrite in Southern Asia, comprising 77% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 13% share of total imports. It was followed by Nepal, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +5.2%. In the other countries, the average annual rates were as follows: Bangladesh (-0.8% per year) and Nepal (+2.5% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, increasing by 5.8% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2017 when the import price increased by 6.5%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Nepal ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+9.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :