South-Eastern Asia: Kaolin Market 2024

Kaolin Market Size in South-Eastern Asia

After two years of growth, the Southeast Asian kaolin market decreased by X% to $X in 2023. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

Kaolin Production in South-Eastern Asia

In value terms, kaolin production expanded rapidly to $X in 2023 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

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Kaolin Exports

Exports in South-Eastern Asia

In 2023, exports of kaolin and kaolinic clays in South-Eastern Asia soared to X tons, increasing by X% compared with the previous year's figure. Overall, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by X%. The volume of export peaked in 2023 and is expected to retain growth in years to come.

In value terms, kaolin exports skyrocketed to $X in 2023. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to see gradual growth in the immediate term.

Exports by Country

Indonesia represented the largest exporter of kaolin and kaolinic clays in South-Eastern Asia, with the volume of exports recording X tons, which was near X% of total exports in 2023. It was distantly followed by Malaysia (X tons), Thailand (X tons) and Vietnam (X tons), together mixing up a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Indonesia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest kaolin supplying countries in South-Eastern Asia were Malaysia ($X), Indonesia ($X) and Vietnam ($X), with a combined X% share of total exports.

Malaysia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the export price figures.

Kaolin Imports

Imports in South-Eastern Asia

In 2023, after two years of growth, there was significant decline in overseas purchases of kaolin and kaolinic clays, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then contracted dramatically in the following year.

In value terms, kaolin imports reduced notably to $X in 2023. Total imports indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2022 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank remarkably in the following year.

Imports by Country

In 2023, Vietnam (X tons), distantly followed by Indonesia (X tons), Malaysia (X tons), Thailand (X tons) and the Philippines (X tons) represented the largest importers of kaolin and kaolinic clays, together constituting X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest kaolin importing markets in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and Thailand ($X), together comprising X% of total imports.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 import price in South-Eastern Asia stood at $X per ton in 2023, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices hit record highs in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform