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

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

In 2023, the ASEAN 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. In general, consumption saw 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 ASEAN

In value terms, production of siliceous fossil meals (kieselguhr, tripolite and diatomite) fell modestly to $X in 2023 estimated in export price. Overall, production, however, showed a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2023, production of growth failed to regain momentum.

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

Exports in ASEAN

In 2023, the amount of siliceous fossil meals (kieselguhr, tripolite and diatomite) exported in ASEAN skyrocketed to X tons, rising by X% compared with the previous year's figure. Overall, exports showed a slight expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) surged to $X in 2023. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

In 2023, Thailand (X tons) and Singapore (X tons) were the major exporters of siliceous fossil meals (kieselguhr, tripolite and diatomite) in ASEAN, together committing X% of total exports. It was distantly followed by Indonesia (X tons), making up a X% share of total exports. Malaysia (X tons) held a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key 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 ($X) remains the largest siliceous fossil meal (kieselguhr, tripolite and diatomite) supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Thailand ($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

The export price in ASEAN stood at $X per ton in 2023, falling by X% against the previous year. In general, the export price saw a mild contraction. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum 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 ASEAN

In 2023, overseas purchases of siliceous fossil meals (kieselguhr, tripolite and diatomite) decreased by X% to X tons, falling for the fourth year in a row after three years of growth. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum 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) dropped to $X in 2023. Over the period under review, imports, however, recorded a modest increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.

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), making up a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of X%), while imports 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, with a combined X% share of total imports. Thailand, Malaysia and the Philippines lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries 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 ASEAN stood at $X per ton in 2023, remaining constant against the previous year. Import price indicated modest growth 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 shrank modestly in the following year.

Prices varied noticeably by country of destination: 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