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

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

In 2023, the Southeast Asian market for siliceous fossil meals (kieselguhr, tripolite and diatomite) decreased by X% to $X, falling for the fourth consecutive year after three years of growth. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

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

In value terms, production of siliceous fossil meals (kieselguhr, tripolite and diatomite) contracted slightly to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2023, production of growth remained at a somewhat lower figure.

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

Exports in South-Eastern Asia

In 2023, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) in South-Eastern Asia skyrocketed to X tons, with an increase of X% on 2022 figures. Overall, exports continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) surged to $X in 2023. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Thailand (X tons) and Singapore (X tons) represented roughly X% of total exports in 2023. It was distantly followed by Indonesia (X tons), constituting a X% share of total exports. Malaysia (X tons) took a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Thailand (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Singapore ($X) remains the largest siliceous fossil meal (kieselguhr, tripolite and diatomite) supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Singapore was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price saw a slight decrease. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

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

Imports in South-Eastern Asia

In 2023, overseas purchases of siliceous fossil meals (kieselguhr, tripolite and diatomite) decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports of attained the peak figure at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) contracted to $X in 2023. In general, imports, however, continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

The purchases of the five major importers of siliceous fossil meals (kieselguhr, tripolite and diatomite), namely Vietnam, Singapore, Thailand, Indonesia and Malaysia, represented more than two-thirds of total import. It was distantly followed by the Philippines (X tons), committing a X% share of total imports.

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

In value terms, Vietnam ($X), Singapore ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports. Thailand, Malaysia and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in South-Eastern Asia amounted to $X per ton, approximately reflecting the previous year. Import price indicated a slight expansion 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, import price for siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2022, and then reduced in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Indonesia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform