ASEAN: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in ASEAN

The ASEAN market for refractory products of siliceous or diatomite earths reduced slightly to $X in 2022, declining by X% against the previous year. Over the period under review, consumption, however, saw a noticeable decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Refractory Products of Siliceous or Diatomite Earths in ASEAN

In value terms, production of refractory products of siliceous or diatomite earths contracted modestly to $X in 2022 estimated in export price. In general, production showed a slight slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports in ASEAN

In 2022, overseas shipments of refractory products of siliceous or diatomite earths decreased by X% to X tons, falling for the fourth year in a row after three years of growth. Overall, exports, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of refractory products of siliceous or diatomite earths declined remarkably to $X in 2022. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines dominates earths structure, recording X tons, which was approx. X% of total exports in 2022. Indonesia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Singapore (X%). The following exporters - Malaysia (X tons) and Thailand (X tons) - each amounted to a X% share of total exports.

The Philippines was also the fastest-growing in terms of the refractory products of siliceous or diatomite earths exports, with a CAGR of X% from 2012 to 2022. Indonesia experienced a relatively flat trend pattern. Singapore (X%), Thailand (X%) and Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines increased by X percentage points.

In value terms, the Philippines ($X) remains the largest refractory products of siliceous or diatomite earths supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In the Philippines, exports of refractory products of siliceous or diatomite earths increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, declining by X% against the previous year. Export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for refractory products of siliceous or diatomite earths decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

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

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports in ASEAN

In 2022, approx. X tons of refractory products of siliceous or diatomite earths were imported in ASEAN; declining by X% compared with 2021 figures. Over the period under review, imports, however, continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of refractory products of siliceous or diatomite earths contracted to $X in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Singapore represented the main importer of refractory products of siliceous or diatomite earths in ASEAN, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by the Philippines (X tons), Malaysia (X tons) and Cambodia (X tons), together comprising a X% share of total imports. Thailand (X tons), Brunei Darussalam (X tons), Lao People's Democratic Republic (X tons) and Myanmar (X tons) held a relatively small share of total imports.

Imports into Singapore increased at an average annual rate of X% from 2012 to 2022. At the same time, Cambodia (X%), Thailand (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. Lao People's Democratic Republic experienced a relatively flat trend pattern. By contrast, Malaysia (X%), Brunei Darussalam (X%) and Myanmar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore, Cambodia and Thailand increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported refractory products of siliceous or diatomite earths in ASEAN, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with an X% share of total imports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Singapore amounted to X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and the Philippines (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, which is down by X% against the previous year. In general, the import price saw a noticeable decline. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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