China: Gypsum And Anhydrite Market 2024

Gypsum And Anhydrite Market Size in China

The Chinese gypsum and anhydrite market stood at $X in 2022, rising by X% against the previous year. Over the period under review, consumption recorded a slight expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Gypsum And Anhydrite Production in China

In value terms, gypsum and anhydrite production expanded notably to $X in 2022 estimated in export price. Over the period under review, production showed a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Gypsum And Anhydrite Exports

Exports from China

In 2022, overseas shipments of gypsum and anhydrite increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, continue to indicate a abrupt slump. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, gypsum and anhydrite exports surged to $X in 2022. Overall, total exports indicated notable 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. Based on 2022 figures, exports increased by X% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Korea (X tons) was the main destination for gypsum and anhydrite exports from China, with a X% share of total exports. Moreover, gypsum and anhydrite exports to South Korea exceeded the volume sent to the second major destination, Vietnam (X tons), eightfold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, South Korea ($X) remains the key foreign market for gypsum and anhydrite exports from China, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the average gypsum and anhydrite export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then dropped rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gypsum And Anhydrite Imports

Imports into China

In 2022, purchases abroad of gypsum and anhydrite decreased by X% to X tons, falling for the second consecutive year after nine years of growth. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, gypsum and anhydrite imports totaled $X in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of gypsum and anhydrite to China, accounting for a X% share of total imports. Moreover, gypsum and anhydrite imports from Thailand exceeded the figures recorded by the second-largest supplier, Iran (X tons), twofold. The third position in this ranking was held by Morocco (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (X% per year) and Morocco (X% per year).

In value terms, Thailand ($X), Iran ($X) and Morocco ($X) constituted the largest gypsum and anhydrite suppliers to China, together comprising X% of total imports. Spain and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of 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 average gypsum and anhydrite import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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