Report Eastern Asia - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 30, 2022

Eastern Asia - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Abrasives Market 2022

Abrasives Market Size in Eastern Asia

In 2021, the East Asian abrasives market decreased by -X% to $X for the first time since 2017, thus ending a three-year rising trend. The market 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 in certain years. Over the period under review, the market hit record highs at $X in 2020, and then dropped slightly in the following year.

Abrasives Production in Eastern Asia

In value terms, abrasives production reduced slightly to $X in 2021 estimated in export price. The total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. The level of production peaked at $X in 2020, and then shrank in the following year.

Abrasives Exports

Exports in Eastern Asia

In 2021, abrasives exports in Eastern Asia amounted to X tons, rising by X% compared with 2020. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, abrasives exports rose markedly to $X in 2021. Overall, exports posted resilient growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in years to come.

Exports by Country

In 2021, China (X tons) was the main exporter of abrasives (natural), generating X% of total exports. It was distantly followed by Japan (X tons), making up a X% share of total exports.

China was also the fastest-growing in terms of the abrasives (natural) exports, with a CAGR of +X% from 2012 to 2021. At the same time, Japan (+X%) displayed positive paces of growth. China (+X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, China ($X) remains the largest abrasives supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports.

In China, abrasives exports increased at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Japan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%).

Abrasives Imports

Imports in Eastern Asia

In 2021, supplies from abroad of abrasives (natural) decreased by -X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, abrasives imports declined slightly to $X in 2021. The total import value increased at an average annual rate of +X% 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 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2020, and then shrank slightly in the following year.

Imports by Country

China was the major importer of abrasives (natural) in Eastern Asia, with the volume of imports accounting for X tons, which was near X% of total imports in 2021. It was distantly followed by South Korea (X tons) and Japan (X tons), together committing a X% share of total imports. Taiwan (Chinese) (X tons) held a minor share of total imports.

China was also the fastest-growing in terms of the abrasives (natural) imports, with a CAGR of +X% from 2012 to 2021. At the same time, Japan (+X%), South Korea (+X%) and Taiwan (Chinese) (+X%) displayed positive paces of growth. China (+X p.p.) significantly strengthened its position in terms of the total imports, while Taiwan (Chinese), Japan and South Korea saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively.

In value terms, China ($X) constitutes the largest market for imported abrasives (natural) in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In China, abrasives imports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and Japan (+X% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, recorded a perceptible descent. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for abrasives (natural) in Eastern Asia?
+
China remains the largest abrasives consuming country in Eastern Asia, comprising approx. 71% of total volume. Moreover, abrasives consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fourfold. South Korea ranked third in terms of total consumption with a 7.5% share.
What are the largest producers of abrasives (natural) in Eastern Asia?
+
The country with the largest volume of abrasives production was China, comprising approx. 71% of total volume. Moreover, abrasives production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was taken by South Korea, with a 4.3% share.
What are the leading suppliers of abrasives (natural) in Eastern Asia?
+
In value terms, China remains the largest abrasives supplier in Eastern Asia, comprising 69% of total exports. The second position in the ranking was held by Japan, with a 27% share of total exports.
What are the leading importers of abrasives (natural) in Eastern Asia?
+
In value terms, China constitutes the largest market for imported abrasives natural) in Eastern Asia, comprising 53% of total imports. The second position in the ranking was taken by South Korea, with a 24% share of total imports. It was followed by Japan, with a 12% share.
What is the average export price for abrasives (natural) in Eastern Asia?
+
In 2021, the export price in Eastern Asia amounted to $332 per ton, growing by 2.8% against the previous year.
What is the average import price for abrasives (natural) in Eastern Asia?
+
The import price in Eastern Asia stood at $183 per ton in 2021, picking up by 9.3% against the previous year.

This report provides an in-depth analysis of the abrasives market in Eastern Asia. 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 2030.


Product coverage:
• Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives
• Prodcom 08992220 -
• Prodcom 08992230 -
Country coverage:
• Democratic People's Republic of Korea
• Macao SAR
• Taiwan (Chinese)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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