Eastern Asia: Bentonite Market 2021

Bentonite Market Size in Eastern Asia

In 2019, the East Asian bentonite market decreased by -X% to $X for the first time since 2009, thus ending a nine-year rising trend. Overall, consumption, however, recorded perceptible growth. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2018, and then plummeted in the following year.

Bentonite Production in Eastern Asia

In value terms, bentonite production dropped dramatically to $X in 2019 estimated in export prices. Over the period under review, production, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018, and then reduced rapidly in the following year.

Production By Country in Eastern Asia

The country with the largest volume of bentonite production was China (X tons), comprising approx. X% of total volume. Moreover, bentonite production in China exceeded the figures recorded by the second-largest producer, Japan (X tons), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume in China amounted to +X%.

Bentonite Exports

Exports in Eastern Asia

In 2019, approx. X tons of bentonite were exported in Eastern Asia; with an increase of X% against the previous year's figure. Over the period under review, exports, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, bentonite exports contracted remarkably to $X in 2019. Total exports indicated a tangible expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, exports attained the peak of $X, and then dropped rapidly in the following year.

Exports by Country

China dominates bentonite exports structure, resulting at X tons, which was near X% of total exports in 2019. The following exporters - South Korea (X tons) and Japan (X tons) - each recorded an X% share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2019. At the same time, South Korea (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +X% from 2007-2019. South Korea (+X p.p.) and Japan (+X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -X% from 2007 to 2019, respectively.

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

In China, bentonite exports expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Japan (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The bentonite export price in Eastern Asia stood at $X per ton in 2019, dropping by -X% against the previous year. Over the period under review, the export price, however, showed resilient growth. The growth pace was the most rapid in 2011 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018, and then fell dramatically in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports in Eastern Asia

In 2019, supplies from abroad of bentonite decreased by -X% to X tons for the first time since 2016, thus ending a two-year rising trend. In general, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The volume of import peaked at X tons in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, bentonite imports fell rapidly to $X in 2019. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2018, and then contracted dramatically in the following year.

Imports by Country

The purchases of the three major importers of bentonite, namely Japan, China and South Korea, represented more than two-thirds of total import. It was distantly followed by Taiwan (Chinese) (X tons), constituting a X% share of total imports. Hong Kong SAR (X tons) held a minor share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China, while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Japan ($X), China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2019, together accounting for X% of total imports.

China saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The bentonite import price in Eastern Asia stood at $X per ton in 2019, declining by -X% against the previous year. Import price indicated a measured expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, bentonite import price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2011 when the import price increased by X% y-o-y. The level of import peaked at $X per ton in 2015; however, from 2016 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Taiwan (Chinese) ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :