ASEAN: Expanded Clays Market 2024

Expanded Clays Market Size in ASEAN

The ASEAN expanded clays market reduced modestly to $X in 2022, standing approx. at the previous year. Overall, consumption recorded a perceptible downturn. The growth pace was the most rapid in 2017 when the market value increased by X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Expanded Clays Production in ASEAN

In value terms, expanded clays production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible downturn. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Expanded Clays Exports

Exports in ASEAN

Expanded clays exports stood at X tons in 2022, surging by X% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, expanded clays exports surged to $X in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Malaysia (X tons) was the key exporter of exfoliated vermiculite, expanded clays and foamed slag, generating X% of total exports. Thailand (X tons) ranks second in terms of the total exports with a X% share, followed by Singapore (X%).

Exports from Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, Thailand (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. Malaysia (X p.p.), Thailand (X p.p.) and Singapore (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest expanded clays supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports.

In Malaysia, expanded clays exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, with an increase of X% against the previous year. In general, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the export price figures.

Expanded Clays Imports

Imports in ASEAN

In 2022, imports of exfoliated vermiculite, expanded clays and foamed slag in ASEAN soared to X tons, growing by X% compared with the year before. Over the period under review, imports showed a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, expanded clays imports amounted to $X in 2022. In general, imports enjoyed notable growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Singapore (X tons), Malaysia (X tons), Thailand (X tons) and Indonesia (X tons) represented the major importer of exfoliated vermiculite, expanded clays and foamed slag in ASEAN, constituting X% of total import. It was distantly followed by Vietnam (X tons), constituting a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Thailand ($X) and Singapore ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Vietnam and Malaysia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, declining by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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