ASEAN: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in ASEAN

In 2022, the ASEAN market for siliceous fossil meals (kieselguhr, tripolite and diatomite) was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in ASEAN

In value terms, production of siliceous fossil meals (kieselguhr, tripolite and diatomite) shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports in ASEAN

In 2022, the amount of siliceous fossil meals (kieselguhr, tripolite and diatomite) exported in ASEAN declined significantly to X tons, falling by X% against 2021. Overall, exports continue to indicate a pronounced reduction. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports of reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) reduced markedly to $X in 2022. Over the period under review, exports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted notably in the following year.

Exports by Country

Thailand represented the largest exporting country with an export of about X tons, which resulted at X% of total exports. Singapore (X tons) held the second position in the ranking, distantly followed by Malaysia (X tons) and Myanmar (X tons). All these countries together held approx. X% share of total exports. Vietnam (X tons) and the Philippines (X tons) took a relatively small share of total exports.

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

In value terms, Singapore ($X), Thailand ($X) and Myanmar ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, waning by X% against the previous year. Export price indicated a modest increase 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 siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then plummeted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (X%), while the other leaders experienced more modest paces of growth.

Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports in ASEAN

In 2022, supplies from abroad of siliceous fossil meals (kieselguhr, tripolite and diatomite) decreased by X% to X tons, falling for the third year in a row after three years of growth. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) rose significantly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Vietnam (X tons), distantly followed by Singapore (X tons), Malaysia (X tons), Thailand (X tons), the Philippines (X tons) and Indonesia (X tons) were the major importers of siliceous fossil meals (kieselguhr, tripolite and diatomite), together creating X% of total imports. Lao People's Democratic Republic (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

In terms of the main importing countries, the Philippines, 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 2022, growing by X% against the previous year. Import price indicated pronounced growth 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, import price for siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :