Eastern Asia: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Eastern Asia

The East Asian market for siliceous fossil meals (kieselguhr, tripolite and diatomite) rose slightly to $X in 2022, growing by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Eastern Asia

In value terms, production of siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports in Eastern Asia

In 2022, shipments abroad of siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) skyrocketed to $X in 2022. In general, exports recorded resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates diatomite) structure, resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Japan (X tons), achieving a X% share of total exports.

China was also the fastest-growing in terms of the siliceous fossil meals (kieselguhr, tripolite and diatomite) exports, with a CAGR of X% from 2012 to 2022. At the same time, Japan (X%) displayed positive paces of growth. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Japan (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest siliceous fossil meal (kieselguhr, tripolite and diatomite) supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China totaled X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price recorded a slight decrease. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports in Eastern Asia

In 2022, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) in Eastern Asia dropped to X tons, declining by X% compared with 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) shrank to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China was the largest importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Taiwan (Chinese) (X tons), South Korea (X tons) and Japan (X tons), together making up a X% share of total imports.

China was also the fastest-growing in terms of the siliceous fossil meals (kieselguhr, tripolite and diatomite) imports, with a CAGR of X% from 2012 to 2022. South Korea experienced a relatively flat trend pattern. Japan (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total imports, while Japan and Taiwan (Chinese) saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported siliceous fossil meals (kieselguhr, tripolite and diatomite) in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

In China, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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