Southern Asia: Bentonite Market 2021

Bentonite Market Size in Southern Asia

The South Asian bentonite market was estimated at $X in 2019, picking up by X% against the previous year. In general, consumption saw significant growth. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. The level of consumption peaked in 2019 and is expected to retain growth in the immediate term.

Bentonite Production in Southern Asia

In value terms, bentonite production expanded remarkably to $X in 2019 estimated in export prices. In general, production showed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. The level of production peaked in 2019 and is expected to retain growth in the near future.

Production By Country in Southern Asia

India (X tons) remains the largest bentonite producing country in Southern Asia, accounting for X% of total volume. It was followed by Pakistan (X tons), with a X% share of total production.

From 2007 to 2019, the average annual growth rate of volume in India amounted to +X%.

Bentonite Exports

Exports in Southern Asia

In 2019, exports of bentonite in Southern Asia contracted slightly to X tons, remaining constant against the year before. In general, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tons in 2016; afterwards, it flattened through to 2019.

In value terms, bentonite exports shrank to $X in 2019. Overall, exports, however, posted buoyant growth. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. The level of export peaked at $X in 2018, and then dropped slightly in the following year.

Exports by Country

India (X tons) represented roughly X% of total exports of bentonite in 2019.

India was also the fastest-growing in terms of the bentonite exports, with a CAGR of +X% from 2007 to 2019. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest bentonite supplier in Southern Asia.

In India, bentonite exports expanded at an average annual rate of +X% over the period from 2007-2019.

Export Prices by Country

In 2019, the bentonite export price in Southern Asia amounted to $X per ton, remaining stable against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2007 to 2019, the rate of growth in terms of prices for India amounted to X% per year.

Bentonite Imports

Imports in Southern Asia

In 2019, after five years of growth, there was significant decline in supplies from abroad of bentonite, when their volume decreased by -X% to X tons. Overall, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018, and then reduced markedly in the following year.

In value terms, bentonite imports declined to $X in 2019. Over the period under review, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018, and then dropped in the following year.

Imports by Country

In 2019, India (X tons) represented the main importer of bentonite, creating X% of total imports. Bangladesh (X tons) occupied an X% share (based on tons) of total imports, which put it in second place, followed by Pakistan (X%) and Sri Lanka (X%). Nepal (X tons) followed a long way behind the leaders.

Imports into India increased at an average annual rate of +X% from 2007 to 2019. At the same time, Nepal (+X%), Bangladesh (+X%), Pakistan (+X%) and Sri Lanka (+X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2007-2019. From 2007 to 2019, the share of India and Nepal increased by +X% and +X% percentage points, while Sri Lanka (-X p.p.) and Pakistan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported bentonite in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

In India, bentonite imports expanded at an average annual rate of +X% over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Pakistan (+X% per year).

Import Prices by Country

The bentonite import price in Southern Asia stood at $X per ton in 2019, jumping by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2019, import prices failed to regain the momentum.

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

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

Source: IndexBox Platform

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