U.S.: Kaolin Market 2024

Kaolin Market Size in the U.S.

In 2023, the U.S. kaolin market increased by X% to $X, rising for the second consecutive year after four years of decline. In general, consumption, however, saw a noticeable decline. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Kaolin Production in the U.S.

In value terms, kaolin production declined modestly to $X in 2023. Overall, production showed a mild descent. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

Kaolin Exports

Exports from the U.S.

In 2023, the amount of kaolin and kaolinic clays exported from the United States shrank remarkably to X tons, dropping by X% against the year before. Over the period under review, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, kaolin exports reduced dramatically to $X in 2023. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2022, and then declined markedly in the following year.

Exports by Country

Mexico (X tons), China (X tons) and Canada (X tons) were the main destinations of kaolin exports from the United States, with a combined X% share of total exports. Japan, India, Taiwan (Chinese), Finland, Germany, South Korea, Sweden, Belgium, Brazil and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Mexico ($X) and Japan ($X) were the largest markets for kaolin exported from the United States worldwide, with a combined X% share of total exports. Canada, India, Finland, South Korea, Germany, Belgium, Brazil, Taiwan (Chinese), Sweden and the UK lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, India, with a CAGR of X%, recorded the highest growth rate of 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

In 2023, the average kaolin export price amounted to $X per ton, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. The export price peaked in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Kaolin Imports

Imports into the U.S.

In 2023, the amount of kaolin and kaolinic clays imported into the United States dropped sharply to X tons, which is down by X% compared with 2022. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, kaolin imports declined dramatically to $X in 2023. Over the period under review, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2022 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Brazil (X tons) was the main supplier of kaolin to the United States, with a X% share of total imports. It was followed by the UK (X tons), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from Brazil amounted to X%.

In value terms, Brazil ($X) constituted the largest supplier of kaolin and kaolinic clays to the United States, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from Brazil totaled X%.

Import Prices by Country

The average kaolin import price stood at $X per ton in 2023, rising by X% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, kaolin import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Brazil stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%).

Source: IndexBox Platform