Price for Vermiculite, Perlite and Chlorites; Unexpanded in India - 2023

Contents:

  1. Price for Vermiculite, Perlite and Chlorites; Unexpanded in India (CIF) - 2022
  2. Price for Vermiculite, Perlite and Chlorites; Unexpanded in India (FOB) - 2022
  3. Imports of Vermiculite, Perlite and Chlorites; Unexpanded in India
  4. Exports of Vermiculite, Perlite and Chlorites; Unexpanded in India

Price for Vermiculite, Perlite and Chlorites; Unexpanded in India (CIF) - 2022

In 2022, the average import price for vermiculite, perlite and chlorites; unexpandeds amounted to $143 per ton, waning by -4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31%. As a result, import price attained the peak level of $150 per ton, and then contracted slightly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +2.7% per year.

Price for Vermiculite, Perlite and Chlorites; Unexpanded in India (FOB) - 2022

In 2022, the average export price for vermiculite, perlite and chlorites; unexpandeds amounted to $271 per ton, falling by -23.7% against the previous year. Over the period under review, the export price, however, showed a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 137% against the previous year. Over the period under review, the average export prices reached the maximum at $356 per ton in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,466 per ton), while the average price for exports to Nepal ($58 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vermiculite, Perlite and Chlorites; Unexpanded in India

In 2022, imports of vermiculite, perlite and chlorites; unexpandeds into India surged to 76K tons, with an increase of 21% on 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, vermiculite, perlite and chlorites; unexpanded imports stood at $11M in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 85%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Vermiculite, Perlite and Chlorites; Unexpanded in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey5.34.88.910.324.8%
Others0.40.30.60.614.5%
Total5.75.19.510.924.1%

Top Suppliers of Vermiculite, Perlite and Chlorites; Unexpanded to India in 2022:

  1. Turkey (73.8K tons)

Exports of Vermiculite, Perlite and Chlorites; Unexpanded in India

In 2022, overseas shipments of vermiculite, perlite and chlorites; unexpandeds decreased by -11.4% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 12%.

In value terms, vermiculite, perlite and chlorites; unexpanded exports shrank remarkably to $1M in 2022. Over the period under review, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 65% against the previous year.

Export of Vermiculite, Perlite and Chlorites; Unexpanded in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.2515706512230.4%
Malaysia13613213497.1-10.6%
Russia22879.510793.6-25.7%
Nepal68.389.089.164.6-1.8%
Japan60.276.984.461.20.6%
Norway12.458.156.540.948.9%
Saudi Arabia28.730.347.134.15.9%
United Arab Emirates50.237.130.626.6-19.1%
Others93.512525590.0-1.3%
Total6921,1421,5101,02013.8%

Top Export Markets for Vermiculite, Perlite and Chlorites; Unexpanded from India in 2022:

  1. Nepal (1106.5 tons)
  2. Malaysia (933.5 tons)
  3. Japan (426.6 tons)
  4. United States (349.4 tons)
  5. Norway (217.5 tons)
  6. United Arab Emirates (180.3 tons)
  7. Russia (167.3 tons)
  8. Saudi Arabia (120.4 tons)

Source: IndexBox Market Intelligence Platform

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