Asia: Chalk Market 2024

Chalk Market Size in Asia

The Asian chalk market stood at $X in 2023, remaining stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Chalk Production in Asia

In value terms, chalk production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Chalk Exports

Exports in Asia

In 2023, approx. X tons of chalks were exported in Asia; rising by X% compared with the year before. In general, exports showed prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, chalk exports skyrocketed to $X in 2023. Overall, exports showed a perceptible increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia was the largest exporting country with an export of about X tons, which recorded X% of total exports. Iran (X tons) took the second position in the ranking, followed by Syrian Arab Republic (X tons), Uzbekistan (X tons), Japan (X tons) and Turkey (X tons). All these countries together took near X% share of total exports. Vietnam (X tons) took a little share of total exports.

Saudi Arabia was also the fastest-growing in terms of the chalks exports, with a CAGR of X% from 2012 to 2023. At the same time, Turkey (X%), Japan (X%) and Uzbekistan (X%) displayed positive paces of growth. Iran experienced a relatively flat trend pattern. By contrast, Syrian Arab Republic (X%) and Vietnam (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.), Uzbekistan (X p.p.), Japan (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while Iran, Vietnam and Syrian Arab Republic saw its share reduced by X%, X% and X% from 2012 to 2023, respectively.

In value terms, Saudi Arabia ($X) emerged as the largest chalk supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Iran, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Saudi Arabia totaled X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and Iran (X% per year).

Export Prices by Country

In 2023, the export price in Asia amounted to $X per ton, which is down by X% against the previous year. Overall, the export price showed a noticeable contraction. The growth pace was the most rapid in 2022 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the export price figures.

Chalk Imports

Imports in Asia

In 2023, purchases abroad of chalks increased by X% to X tons for the first time since 2019, thus ending a three-year declining trend. Over the period under review, imports recorded a measured expansion. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, chalk imports soared to $X in 2023. In general, imports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Saudi Arabia (X tons) was the largest importer of chalks, achieving X% of total imports. Armenia (X tons) ranks second in terms of the total imports with an X% share, followed by China (X%), Bahrain (X%) and Kazakhstan (X%). The following importers - Israel (X tons) and Syrian Arab Republic (X tons) - each amounted to a X% share of total imports.

Imports into Saudi Arabia decreased at an average annual rate of X% from 2012 to 2023. At the same time, China (X%), Bahrain (X%), Kazakhstan (X%), Syrian Arab Republic (X%) and Armenia (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. By contrast, Israel (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.), China (X p.p.), Bahrain (X p.p.) and Kazakhstan (X p.p.) significantly strengthened its position in terms of the total imports, while Israel saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), Armenia ($X) and China ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Kazakhstan, Bahrain, Israel and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Bahrain, with a CAGR of X%, recorded 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

The import price in Asia stood at $X per ton in 2023, shrinking by X% against the previous year. Overall, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then dropped significantly 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 Kazakhstan ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform