South-Eastern Asia: Pyrites Market 2024

Pyrites Market Size in South-Eastern Asia

The Southeast Asian pyrites market rose sharply to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Pyrites Production in South-Eastern Asia

In value terms, pyrites production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

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Pyrites Exports

Exports in South-Eastern Asia

In 2022, exports of pyrites in South-Eastern Asia surged to X tons, increasing by X% on the previous year's figure. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, pyrites exports skyrocketed to $X in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2014 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Lao People's Democratic Republic (X tons) represented the key exporter of pyrites, mixing up X% of total exports. It was distantly followed by the Philippines (X tons), creating a X% share of total exports. Vietnam (X tons) and Thailand (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to pyrites exports from Lao People's Democratic Republic stood at X%. At the same time, the Philippines (X.5%), Vietnam (X%) and Thailand (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X.5% from 2012-2022. While the share of the Philippines (X p.p.), Lao People's Democratic Republic (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics.

In value terms, Lao People's Democratic Republic ($X) remains the largest pyrites supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

In Lao People's Democratic Republic, pyrites exports 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: the Philippines (X.4% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

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

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

Pyrites Imports

Imports in South-Eastern Asia

For the sixth consecutive year, South-Eastern Asia recorded growth in supplies from abroad of pyrites, which increased by X% to X tons in 2022. In general, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, pyrites imports declined to $X in 2022. Over the period under review, imports recorded a resilient expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then declined modestly in the following year.

Imports by Country

Thailand was the major importing country with an import of about X tons, which recorded X% of total imports. Indonesia (X tons) ranks second in terms of the total imports with a X% share, followed by Singapore (X%).

Thailand was also the fastest-growing in terms of the pyrites imports, with a CAGR of X% from 2012 to 2022. At the same time, Singapore (X%) and Indonesia (X%) displayed positive paces of growth. While the share of Thailand (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Indonesia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pyrites importing markets in South-Eastern Asia were Thailand ($X), Singapore ($X) and Indonesia ($X), with a combined X% share of total imports.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the import price in South-Eastern Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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