Price for Vermiculite, Perlite and Chlorites; Unexpanded in China - 2023

Contents:

  1. Price for Vermiculite, Perlite and Chlorites; Unexpanded in China (FOB) - 2022
  2. Price for Vermiculite, Perlite and Chlorites; Unexpanded in China (CIF) - 2023
  3. Exports of Vermiculite, Perlite and Chlorites; Unexpanded in China
  4. Imports of Vermiculite, Perlite and Chlorites; Unexpanded in China

Price for Vermiculite, Perlite and Chlorites; Unexpanded in China (FOB) - 2022

The average export price for vermiculite, perlite and chlorites; unexpandeds stood at $172 per ton in 2022, increasing by 13% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vermiculite, perlite and chlorites; unexpanded export price increased by +64.6% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 17%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($337 per ton), while the average price for exports to Taiwan (Chinese) ($66 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vermiculite, Perlite and Chlorites; Unexpanded in China (CIF) - 2023

The average import price for vermiculite, perlite and chlorites; unexpandeds stood at $155 per ton in June 2023, with an increase of 6.9% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 22% m-o-m. Over the period under review, average import prices hit record highs in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Greece ($364 per ton), while the price for Turkey ($118 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Greece (+3.8%), while the prices for the other major suppliers experienced a decline.

Exports of Vermiculite, Perlite and Chlorites; Unexpanded in China

For the third year in a row, China recorded decline in shipments abroad of vermiculite, perlite and chlorites; unexpandeds, which decreased by -5.2% to 232K tons in 2022. In general, exports continue to indicate a pronounced setback. The smallest decline of -1.7% was in 2021.

In value terms, vermiculite, perlite and chlorites; unexpanded exports reached $40M in 2022. The total export value increased at an average annual rate of +11.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 14% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Export of Vermiculite, Perlite and Chlorites; Unexpanded in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea13.212.915.015.45.3%
Japan7.110.511.113.022.3%
United States2.01.93.44.026.0%
Mexico1.21.21.11.45.3%
Taiwan (Chinese)0.71.90.81.322.9%
Malaysia0.20.70.30.644.2%
Australia1.21.30.90.5-25.3%
Others3.72.94.73.80.9%
Total29.233.337.440.011.1%

Top Export Markets for Vermiculite, Perlite and Chlorites; Unexpanded from China in 2022:

  1. South Korea (130.1K tons)
  2. Japan (38.7K tons)
  3. Taiwan (Chinese) (19.2K tons)
  4. United States (18.6K tons)
  5. Mexico (7.5K tons)
  6. Malaysia (3.9K tons)
  7. Australia (1.8K tons)

Imports of Vermiculite, Perlite and Chlorites; Unexpanded in China

In 2022, the amount of vermiculite, perlite and chlorites; unexpandeds imported into China expanded markedly to 94K tons, with an increase of 10% on 2021. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 36% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, vermiculite, perlite and chlorites; unexpanded imports surged to $13M in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 33% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Vermiculite, Perlite and Chlorites; Unexpanded in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4.85.88.510.831.0%
Japan1.51.61.61.3-4.7%
Greece0.10.80.80.9108.0%
Others0.20.50.30.426.0%
Total6.68.711.213.326.3%

Top Suppliers of Vermiculite, Perlite and Chlorites; Unexpanded to China in 2022:

  1. Turkey (85.7K tons)
  2. Greece (3.9K tons)
  3. Japan (3.6K tons)

Source: IndexBox Market Intelligence Platform

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