Asia-Pacific: Pyrites Market 2024

Pyrites Market Size in Asia-Pacific

The Asia-Pacific pyrites market amounted to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Pyrites Production in Asia-Pacific

In value terms, pyrites production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Pyrites Exports

Exports in Asia-Pacific

In 2022, approx. X tons of pyrites were exported in Asia-Pacific; increasing by X% compared with the previous year. Overall, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, pyrites exports surged to $X in 2022. Total exports indicated prominent growth 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. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Lao People's Democratic Republic was the largest exporter of pyrites in Asia-Pacific, with the volume of exports reaching X tons, which was near X% of total exports in 2022. Pakistan (X tons) took the second position in the ranking, followed by China (X tons) and the Philippines (X tons). All these countries together held approx. X% share of total exports. The following exporters - Vietnam (X tons) and Thailand (X tons) - each amounted to a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Philippines (with a CAGR of X.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest pyrites supplying countries in Asia-Pacific were Lao People's Democratic Republic ($X), China ($X) and the Philippines ($X), with a combined X% share of total exports.

The Philippines, with a CAGR of X.4%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price showed a perceptible shrinkage. The growth pace was the most rapid in 2014 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

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

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

Pyrites Imports

Imports in Asia-Pacific

In 2022, supplies from abroad of pyrites increased by X% to X tons, rising for the fourth year in a row after four years of decline. Over the period under review, imports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, pyrites imports reached $X in 2022. Overall, imports recorded notable growth. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China dominates imports structure, resulting at X tons, which was near X% of total imports in 2022. The following importers - Japan (X tons) and Thailand (X tons) - each amounted to a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to pyrites imports into China stood at X%. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China decreased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported pyrites in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, remaining relatively unchanged against the previous year. Import price indicated a resilient 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, pyrites import price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 an increase of X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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