South-Eastern Asia: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in South-Eastern Asia

The Southeast Asian market for refractory products of siliceous or diatomite earths dropped slightly to $X in 2022, declining by X% against the previous year. In general, consumption, however, recorded a noticeable downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Refractory Products of Siliceous or Diatomite Earths in South-Eastern Asia

In value terms, production of refractory products of siliceous or diatomite earths dropped modestly to $X in 2022 estimated in export price. Overall, production recorded a slight decrease. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

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Exports of Refractory Products of Siliceous or Diatomite Earths

Exports in South-Eastern Asia

In 2022, shipments abroad of refractory products of siliceous or diatomite earths decreased by X% to X tons, falling for the fourth year in a row after three years of growth. In general, exports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of refractory products of siliceous or diatomite earths shrank sharply to $X in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports of reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The Philippines dominates earths structure, accounting for X tons, which was approx. X% of total exports in 2022. Indonesia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Singapore (X%). The following exporters - Malaysia (X tons) and Thailand (X tons) - each recorded a X% share of total exports.

The Philippines was also the fastest-growing in terms of the refractory products of siliceous or diatomite earths exports, with a CAGR of X% from 2012 to 2022. Indonesia experienced a relatively flat trend pattern. Singapore (X%), Thailand (X%) and Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines increased by X percentage points.

In value terms, the Philippines ($X) remains the largest refractory products of siliceous or diatomite earths supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Philippines totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, which is down by X% against the previous year. Export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for refractory products of siliceous or diatomite earths decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 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 the Philippines ($X per ton), while Singapore ($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 export price figures.

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports in South-Eastern Asia

In 2022, imports of refractory products of siliceous or diatomite earths in South-Eastern Asia dropped to X tons, shrinking by X% on the previous year. Overall, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of refractory products of siliceous or diatomite earths contracted to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Singapore (X tons) was the largest importer of refractory products of siliceous or diatomite earths, achieving X% of total imports. The Philippines (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%), Timor-Leste (X%) and Cambodia (X%). Thailand (X tons) and Brunei Darussalam (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to refractory products of siliceous or diatomite earths imports into Singapore stood at X%. At the same time, Cambodia (X%), Timor-Leste (X%), Thailand (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) and Brunei Darussalam (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.), Timor-Leste (X p.p.) and Cambodia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Philippines (X p.p.), Brunei Darussalam (X p.p.) and Malaysia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported refractory products of siliceous or diatomite earths in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the Philippines (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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