Asia: Pyrites Market 2022

Pyrites Market Size in Asia

The Asian pyrites market stood at $X in 2021, approximately reflecting the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Pyrites Production in Asia

In value terms, pyrites production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Production By Country in Asia

China (X tonnes) remains the largest pyrites producing country in Asia, comprising approx. X% of total volume. Moreover, pyrites production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), twofold. Japan (X tonnes) ranked third in terms of total production with a X% share.

From 2012 to 2021, the average annual growth rate of volume in China totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Japan (+X% per year).

Pyrites Exports

Exports in Asia

Pyrites exports soared to X tonnes in 2021, increasing by X% compared with 2020 figures. Over the period under review, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of export peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, pyrites exports soared to $X in 2021. Overall, exports saw a strong expansion. The growth pace was the most rapid in 2014 when exports increased by X%. The level of export peaked in 2021 and is likely to continue growth in the immediate term.

Exports by Country

Turkey (X tonnes) and Lao People's Democratic Republic (X tonnes) were the major exporters of pyrites in 2021, accounting for approx. X% and X% of total exports, respectively. It was distantly followed by China (X tonnes), creating a X% share of total exports.

From 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +X%), while shipments for the other leaders experienced mixed trends in the exports figures.

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.

Among the main exporting countries, Turkey, 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

The export price in Asia stood at $X per tonne in 2021, dropping by -X% against the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per tonne. From 2015 to 2021, the the export prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per tonne), while Turkey ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+X%), while the other leaders experienced mixed trends in the export price figures.

Pyrites Imports

Imports in Asia

In 2021, supplies from abroad of pyrites increased by X% to X tonnes, rising for the third consecutive year after four years of decline. Overall, imports, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X tonnes. From 2015 to 2021, the growth imports remained at a lower figure.

In value terms, pyrites imports soared to $X in 2021. Over the period under review, imports, however, saw a modest expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth imports remained at a lower figure.

Imports by Country

China prevails in imports structure, recording X tonnes, which was near X% of total imports in 2021. The following importers - Japan (X tonnes) and India (X tonnes) - each amounted to a X% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to pyrites imports into China stood at -X%. At the same time, India (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2012-2021. By contrast, Japan (-X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

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

In China, pyrites imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and India (+X% per year).

Import Prices by Country

The import price in Asia stood at $X per tonne in 2021, falling by -X% against the previous year. In general, the import price, however, recorded a notable expansion. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices hit record highs at $X per tonne in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform