Asia-Pacific: Non-Agglomerated Metal Carbides Market 2024

Non-Agglomerated Metal Carbides Market Size in Asia-Pacific

The Asia-Pacific non-agglomerated metal carbides market declined to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, recorded a pronounced expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Non-Agglomerated Metal Carbides Production in Asia-Pacific

In value terms, non-agglomerated metal carbides production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Non-Agglomerated Metal Carbides Exports

Exports in Asia-Pacific

After two years of growth, shipments abroad of non-agglomerated metal carbides mixed together or with metallic binders decreased by X% to X tons in 2022. In general, exports continue to indicate a slight descent. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-agglomerated metal carbides exports rose rapidly to $X in 2022. Over the period under review, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, China (X tons) was the key exporter of non-agglomerated metal carbides mixed together or with metallic binders, making up X% of total exports. Taiwan (Chinese) (X tons) took the second position in the ranking, followed by India (X tons) and Japan (X tons). All these countries together held near X% share of total exports. South Korea (X tons) and Thailand (X tons) held a minor share of total exports.

Exports from China decreased at an average annual rate of X% from 2012 to 2022. At the same time, Thailand (X%), Taiwan (Chinese) (X%) and India (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. While the share of Taiwan (Chinese) (X p.p.), India (X p.p.) and Thailand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-agglomerated metal carbides supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by India ($X), with an X% share of total exports. It was followed by South Korea, with a X% share.

In China, non-agglomerated metal carbides exports plunged by 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: India (X% per year) and South Korea (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. The growth pace was the most rapid in 2018 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

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

Non-Agglomerated Metal Carbides Imports

Imports in Asia-Pacific

In 2022, non-agglomerated metal carbides imports in Asia-Pacific contracted to X tons, which is down by X% against the year before. In general, imports, however, showed a moderate expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-agglomerated metal carbides imports reduced to $X in 2022. Total imports indicated a mild increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons), distantly followed by Taiwan (Chinese) (X tons), Thailand (X tons), Japan (X tons), China (X tons), Indonesia (X tons) and South Korea (X tons) represented the largest importers of non-agglomerated metal carbides mixed together or with metallic binders, together committing X% of total imports.

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

In value terms, Taiwan (Chinese) ($X), India ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to 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 Asia-Pacific amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Indonesia ($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 more modest paces of growth.

Source: IndexBox Platform

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