Southern Asia: Slate Market 2024

Slate Market Size in Southern Asia

The South Asian slate market was estimated at $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Slate Production in Southern Asia

In value terms, slate production totaled $X in 2022 estimated in export price. The total production indicated buoyant growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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Slate Exports

Exports in Southern Asia

In 2022, exports of slate in Southern Asia reduced remarkably to X tons, which is down by X% compared with 2021. Overall, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, slate exports contracted sharply to $X in 2022. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

India dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. Pakistan (X tons) held a relatively small share of total exports.

India was also the fastest-growing in terms of the slate exports, with a CAGR of X% from 2012 to 2022. Pakistan (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest slate supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total exports.

In India, slate exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. Export price indicated measured growth 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, slate export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Slate Imports

Imports in Southern Asia

In 2022, approx. X tons of slate were imported in Southern Asia; with a decrease of X% compared with 2021. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, slate imports shrank rapidly to $X in 2022. Overall, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked at $X in 2021, and then dropped notably in the following year.

Imports by Country

Pakistan (X tons) and Maldives (X tons) were the largest importers of slate in 2022, amounting to approx. X% and X% of total imports, respectively. It was distantly followed by Bhutan (X tons), constituting a X% share of total imports. India (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Maldives (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

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

In Maldives, slate imports 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: Pakistan (X% per year) and Bhutan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the 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 India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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