Southern Asia: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in Southern Asia

The South Asian market for refractory products of siliceous or diatomite earths expanded rapidly to $X in 2022, increasing by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Refractory Products of Siliceous or Diatomite Earths in Southern Asia

In value terms, production of refractory products of siliceous or diatomite earths amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Exports of Refractory Products of Siliceous or Diatomite Earths

Exports in Southern Asia

In 2022, after two years of growth, there was significant decline in shipments abroad of refractory products of siliceous or diatomite earths, when their volume decreased by X% to X tons. In general, exports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of refractory products of siliceous or diatomite earths contracted rapidly to $X in 2022. Over the period under review, exports showed a abrupt decrease. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

India was the main exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Bangladesh (X tons), generating a X% share of total exports. Pakistan (X tons) took a minor share of total exports.

India experienced a relatively flat trend pattern with regard to volume of exports of refractory products of siliceous or diatomite earths. At the same time, Pakistan (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Bangladesh (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India and Pakistan increased by X and X percentage points, respectively.

In value terms, the largest refractory products of siliceous or diatomite earths supplying countries in Southern Asia were Bangladesh ($X), India ($X) and Pakistan ($X), with a combined X% share of total exports.

Among the main exporting countries, Pakistan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, 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 Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

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

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports in Southern Asia

In 2022, after two years of growth, there was significant decline in purchases abroad of refractory products of siliceous or diatomite earths, when their volume decreased by X% to X tons. Over the period under review, imports showed a slight setback. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of refractory products of siliceous or diatomite earths expanded modestly to $X in 2022. In general, imports recorded a noticeable descent. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, India (X tons) was the key importer of refractory products of siliceous or diatomite earths, generating X% of total imports. It was distantly followed by Nepal (X tons) and Bhutan (X tons), together achieving a X% share of total imports. Maldives (X tons) followed a long way behind the leaders.

India experienced a relatively flat trend pattern with regard to volume of imports of refractory products of siliceous or diatomite earths. At the same time, Bhutan (X%) and Maldives (X%) displayed positive paces of growth. Moreover, Bhutan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Nepal (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Bhutan and Maldives increased by X, X and X percentage points, respectively.

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

From 2012 to 2022, the average annual growth rate of value in India totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Maldives (X% per year) and Bhutan (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, jumping by X% against the previous year. Overall, the import price, however, showed a slight slump. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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