ASEAN: Feldspar Market 2024

Feldspar Market Size in ASEAN

The ASEAN feldspar market amounted to $X in 2023, surging by X% against the previous year. In general, consumption recorded a perceptible slump. The level of consumption peaked at $X in 2015; however, from 2016 to 2023, consumption stood at a somewhat lower figure.

Feldspar Production in ASEAN

In value terms, feldspar production expanded significantly to $X in 2023 estimated in export price. In general, production, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth remained at a lower figure.

Feldspar Exports

Exports in ASEAN

In 2023, overseas shipments of feldspar decreased by X% to X tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, feldspar exports dropped to $X in 2023. Total exports indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2022, and then declined in the following year.

Exports by Country

Thailand dominates exports structure, recording X tons, which was approx. X% of total exports in 2023. Malaysia (X tons) followed a long way behind the leaders.

Thailand was also the fastest-growing in terms of the feldspar exports, with a CAGR of X% from 2012 to 2023. Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Thailand increased by X percentage points.

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

In Thailand, feldspar exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in ASEAN amounted to $X per ton, with a decrease of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Thailand totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%).

Feldspar Imports

Imports in ASEAN

In 2023, purchases abroad of feldspar decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, feldspar imports fell slightly to $X in 2023. In general, imports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Indonesia (X tons) and Vietnam (X tons) prevails in imports structure, together comprising X% of total imports. Thailand (X tons) took the next position in the ranking, followed by Malaysia (X tons). All these countries together held approx. X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest feldspar importing markets in ASEAN were Vietnam ($X), Indonesia ($X) and Thailand ($X), together comprising X% of total imports.

In terms of the main importing countries, Vietnam, 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

The import price in ASEAN stood at $X per ton in 2023, surging by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, 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 Malaysia ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform