Asia: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Asia

For the third consecutive year, the Asian market for siliceous fossil meals (kieselguhr, tripolite and diatomite) recorded decline in sales value, which decreased by X% to $X in 2023. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2023, consumption stood at a somewhat lower figure.

Production of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Asia

In value terms, production of siliceous fossil meals (kieselguhr, tripolite and diatomite) fell modestly to $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X%. The level of production peaked at $X in 2022, and then reduced slightly in the following year.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports in Asia

In 2023, overseas shipments of siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) contracted slightly to $X in 2023. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

China prevails in diatomite) structure, resulting at X tons, which was approx. X% of total exports in 2023. Japan (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by India (X%). The following exporters - Turkey (X tons), Thailand (X tons), Armenia (X tons) and Singapore (X tons) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to siliceous fossil meal (kieselguhr, tripolite and diatomite) exports from China stood at X%. At the same time, Thailand (X%) and Japan (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. Singapore experienced a relatively flat trend pattern. By contrast, Armenia (X%), India (X%) and Turkey (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Japan (X p.p.) and Thailand (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Turkey (X p.p.) and India (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest siliceous fossil meal (kieselguhr, tripolite and diatomite) supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

In China, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Armenia (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Armenia ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced more modest paces of growth.

Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports in Asia

In 2023, approx. X tons of siliceous fossil meals (kieselguhr, tripolite and diatomite) were imported in Asia; with a decrease of X% against 2022 figures. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) declined to $X in 2023. In general, imports showed a mild curtailment. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

In 2023, China (X tons), distantly followed by Vietnam (X tons), Taiwan (Chinese) (X tons), Singapore (X tons), South Korea (X tons), Turkey (X tons), Thailand (X tons), Indonesia (X tons), India (X tons), Iraq (X tons) and Malaysia (X tons) represented the main importers of siliceous fossil meals (kieselguhr, tripolite and diatomite), together achieving X% of total imports. The following importers - Kazakhstan (X tons) and Israel (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Iraq (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported siliceous fossil meals (kieselguhr, tripolite and diatomite) in Asia, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Turkey (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2023, almost unchanged from the previous year. Overall, the import price, however, recorded a strong increase. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2022, and then declined modestly in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform