Asia: Pyrites Market 2024

Pyrites Market Size in Asia

The Asian pyrites market amounted to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the market reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Pyrites Production in Asia

In value terms, pyrites production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Pyrites Exports

Exports in Asia

In 2022, pyrites exports in Asia skyrocketed to X tons, with an increase of X% against the year before. Overall, exports recorded resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, pyrites exports skyrocketed to $X in 2022. In general, exports saw prominent growth. The growth pace was the most rapid in 2014 with an increase of X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

In 2022, Turkey (X tons), distantly followed by Lao People's Democratic Republic (X tons), Pakistan (X tons), China (X tons) and the Philippines (X tons) represented the largest exporters of pyrites, together comprising X% 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 were Turkey ($X), Lao People's Democratic Republic ($X) and China ($X), with a combined X% share of total exports. The Philippines and Pakistan lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, the Philippines, with a CAGR of X.4%, recorded the highest rates of growth with regard to 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

The export price in Asia stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Pyrites Imports

Imports in Asia

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. Overall, imports, however, recorded a noticeable decrease. The pace of growth was the most pronounced 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 remained at a somewhat lower figure.

In value terms, pyrites imports expanded rapidly to $X in 2022. In general, imports enjoyed pronounced growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

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

Imports into China decreased at an average annual rate of X% from 2012 to 2022. At the same time, Kazakhstan (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in Asia, 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 Kazakhstan increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, leveling off at the previous year. In general, the import price, however, posted buoyant growth. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 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 Kazakhstan ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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