South-Eastern Asia: Steatite Market 2021

Steatite Exports

Exports in South-Eastern Asia

Steatite exports declined sharply to X tons in 2019, shrinking by -X% on the previous year. Over the period under review, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tons in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

In value terms, steatite exports fell to $X in 2019. In general, exports saw a temperate increase. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.

Exports by Country

Thailand represented the major exporter of steatites in South-Eastern Asia, with the volume of exports finishing at X tons, which was near X% of total exports in 2019. It was distantly followed by Singapore (X tons) and Malaysia (X tons), together constituting a X% share of total exports. Indonesia (X tons) and Vietnam (X tons) held a relatively small share of total exports.

From 2007 to 2019, average annual rates of growth with regard to steatite exports from Thailand stood at -X%. Vietnam experienced a relatively flat trend pattern. Indonesia (-X%), Malaysia (-X%) and Singapore (-X%) illustrated a downward trend over the same period. Thailand (+X p.p.) and Malaysia (+X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest steatite supplying countries in South-Eastern Asia were Thailand ($X), Singapore ($X) and Malaysia ($X), together comprising X% of total exports. Indonesia and Vietnam lagged somewhat behind, together accounting for a further X the main exporting countries, Indonesia recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The steatite export price in South-Eastern Asia stood at $X per ton in 2019, surging by X% against the previous year. In general, the export price showed a resilient expansion. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, export prices hit record highs in 2019 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Indonesia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

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

Steatite Imports

Imports in South-Eastern Asia

In 2019, approx. X tons of steatites were imported in South-Eastern Asia; shrinking by -X% against 2018. Total imports indicated a tangible increase from 2007 to 2019: its volume 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, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. The volume of import peaked at X tons in 2013; however, from 2014 to 2019, imports remained at a lower figure.

In value terms, steatite imports reduced to $X in 2019. Total imports indicated temperate growth from 2007 to 2019: its value 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, imports decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. The level of import peaked at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

Thailand (X tons) and Indonesia (X tons) prevails in steatite imports structure, together comprising X% of total imports. Malaysia (X tons) held the next position in the ranking, followed by Vietnam (X tons) and the Philippines (X tons). All these countries together held near X% share of total imports. Singapore (X tons) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Indonesia, while purchases for the other leaders experienced more modest paces of growth.

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

Indonesia saw 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 2019, the steatite import price in South-Eastern Asia amounted to $X per ton, shrinking by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 an increase of X% y-o-y. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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