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China - Asbestos - Market Analysis, Forecast, Size, Trends and Insights

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China: Asbestos Market 2022

Asbestos Market Size in China

The Chinese asbestos market expanded sharply to $X in 2020, with an increase of X% against the previous year. In general, consumption, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2011; however, from 2012 to 2020, consumption stood at a somewhat lower figure.

Asbestos Production in China

In value terms, asbestos production dropped to $X in 2020 estimated in export prices. Overall, production saw a deep setback. The pace of growth was the most pronounced in 2009 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2010 to 2020, production growth remained at a lower figure.

Asbestos Exports

Exports from China

After three years of growth, overseas shipments of asbestos decreased by -X% to X tons in 2020. In general, exports, however, posted moderate growth. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Exports peaked at X tons in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, asbestos exports fell rapidly to $X in 2020. Over the period under review, exports, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

Indonesia (X tons) was the main destination for asbestos exports from China, accounting for a X% share of total exports. Moreover, asbestos exports to Indonesia exceeded the volume sent to the second major destination, Vietnam (X tons), twofold. Tajikistan (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Indonesia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-X% per year) and Tajikistan (+X% per year).

In value terms, Indonesia ($X), Tajikistan ($X) and Vietnam ($X) constituted the largest markets for asbestos exported from China worldwide, with a combined X% share of total exports.

Tajikistan (+X% per year) recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average asbestos export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia, while the prices for the other major destinations experienced mixed trend patterns.

Asbestos Imports

Imports into China

In 2020, imports of asbestos into China rose remarkably to X tons, increasing by X% compared with 2019 figures. Over the period under review, imports, however, continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at X tons in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, asbestos imports skyrocketed to $X in 2020. In general, imports, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2009 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Russia (X tons) was the main supplier of asbestos to China, accounting for a X% share of total imports. Moreover, asbestos imports from Russia exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tons), tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Russia amounted to -X%.

In value terms, Russia ($X) constituted the largest supplier of asbestos to China, comprising X% of total imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Russia amounted to -X%.

Import Prices by Country

The average asbestos import price stood at $X per ton in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Russia ($X per ton), while the price for Kazakhstan totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia.

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Frequently Asked Questions (FAQ) :

What are the largest markets for asbestos in the world?

The countries with the highest volumes of consumption in 2022 were India, China and Russia, with a combined 59% share of global consumption. Uzbekistan, Indonesia, Turkey, Thailand, Sri Lanka, Bangladesh and Tajikistan lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of asbestos in the world?

Russia remains the largest asbestos producing country worldwide, accounting for 50% of total volume. Moreover, asbestos production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. The third position in this ranking was held by Brazil, with a 15% share.

What are the leading suppliers of asbestos to China?

In value terms, Russia constituted the largest supplier of asbestoses to China, comprising 98% of total imports. The second position in the ranking was taken by Kazakhstan, with a 2.1% share of total imports.

What are the leading importers of asbestos from China?

In value terms, Indonesia remains the key foreign market for asbestoses exports from China, comprising 62% of total exports. The second position in the ranking was held by Thailand, with a 14% share of total exports. It was followed by the Philippines, with a 9.3% share.

What is the average export price for asbestos in China?

The average asbestos export price stood at $267 per ton in 2022, reducing by -35.1% against the previous year.

What is the average import price for asbestos in China?

In 2022, the average asbestos import price amounted to $307 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the asbestos market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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How to diversify your business and benefit from new market opportunities
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023