India: Kaolin Market 2024

Kaolin Market Size in India

After two years of growth, the Indian kaolin market decreased by X% to $X in 2023. Overall, consumption, however, saw buoyant growth. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a somewhat lower figure.

Kaolin Production in India

In value terms, kaolin production totaled $X in 2023 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Kaolin Exports

Exports from India

In 2023, approx. X tons of kaolin and kaolinic clays were exported from India; rising by X% against 2022 figures. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, kaolin exports expanded significantly to $X in 2023. Overall, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked in 2023 and are likely to see steady growth in the near future.

Exports by Country

The United Arab Emirates (X tons) was the main destination for kaolin exports from India, accounting for a X% share of total exports. Moreover, kaolin exports to the United Arab Emirates exceeded the volume sent to the second major destination, Bangladesh (X tons), twofold. China (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual growth rate of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and China (X% per year).

In value terms, Bangladesh ($X), China ($X) and Bahrain ($X) appeared to be the largest markets for kaolin exported from India worldwide, together accounting for X% of total exports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average kaolin export price stood at $X per ton in 2023, stabilizing at the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, kaolin export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to the United Arab Emirates ($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 Bangladesh (X%), while the prices for the other major destinations experienced a decline.

Kaolin Imports

Imports into India

In 2023, kaolin imports into India declined to X tons, which is down by X% compared with 2022 figures. In general, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, kaolin imports declined to $X in 2023. Over the period under review, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2022, and then declined in the following year.

Imports by Country

In 2023, the United States (X tons) constituted the largest supplier of kaolin to India, accounting for a X% share of total imports. Moreover, kaolin imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The UK (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the UK (X% per year).

In value terms, the United States ($X), China ($X) and the UK ($X) appeared to be the largest kaolin suppliers to India, with a combined X% share of total imports.

The UK, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average kaolin import price amounted to $X per ton, approximately equating the previous year. In general, import price indicated a strong expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. 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 2018 indices. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

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

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

Source: IndexBox Platform