Asia: Kaolin Market 2024

Kaolin Market Size in Asia

The Asian kaolin market was estimated at $X in 2023, rising by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of consumption peaked at $X in 2021; afterwards, it flattened through to 2023.

Kaolin Production in Asia

In value terms, kaolin production rose to $X in 2023 estimated in export price. The total production indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Kaolin Exports

Exports in Asia

In 2023, shipments abroad of kaolin and kaolinic clays decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports, however, recorded a temperate expansion. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, kaolin exports fell sharply to $X in 2023. Over the period under review, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2022, and then dropped sharply in the following year.

Exports by Country

The shipments of the three major exporters of kaolin and kaolinic clays, namely China, Turkey and India, represented more than two-thirds of total export. It was distantly followed by Indonesia (X tons), mixing up a X% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest kaolin supplier in Asia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In China, kaolin exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: India (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, falling by X% against the previous year. Export price indicated a mild expansion from 2012 to 2023: its price 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, kaolin export price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

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 ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Kaolin Imports

Imports in Asia

In 2023, after two years of growth, there was significant decline in supplies from abroad of kaolin and kaolinic clays, when their volume decreased by X% to X tons. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2022, and then fell in the following year.

In value terms, kaolin imports contracted to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then reduced in the following year.

Imports by Country

In 2023, China (X tons) and Taiwan (Chinese) (X tons) represented the key importers of kaolin and kaolinic clays in Asia, together accounting for near X% of total imports. Turkey (X tons) held the next position in the ranking, followed by Japan (X tons), India (X tons), South Korea (X tons), Vietnam (X tons) and Bangladesh (X tons). All these countries together took near X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Bangladesh (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest kaolin importing markets in Asia were China ($X), Japan ($X) and Turkey ($X), with a combined X% share of total imports. India, Taiwan (Chinese), South Korea, Vietnam and Bangladesh lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, India, with a CAGR of X%, saw 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 2023, the import price in Asia amounted to $X per ton, approximately mirroring 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 2022 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was India ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform