Overview of the Global Market for Refractory Products of Siliceous or Diatomite Earths

Market Size for Refractory Products of Siliceous or Diatomite Earths

The global market for refractory products of siliceous or diatomite earths contracted to $X in 2022, with a decrease of X% against the previous year. In general, consumption continues to indicate a perceptible setback. Over the period under review, the global market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Refractory Products of Siliceous or Diatomite Earths

In value terms, production of refractory products of siliceous or diatomite earths reduced modestly to $X in 2022 estimated in export price. In general, production recorded a slight shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Global production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports

In 2022, approx. X tons of refractory products of siliceous or diatomite earths were exported worldwide; shrinking by X% compared with the year before. Overall, total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The global exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, exports of refractory products of siliceous or diatomite earths contracted slightly to $X in 2022. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. The global exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the eleven major exporters of refractory products of siliceous or diatomite earths, namely Italy, China, Turkey, Russia, Spain, Slovakia, Tanzania, India, South Africa, the United States and the Philippines, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest refractory products of siliceous or diatomite earths supplying countries worldwide were Italy ($X), China ($X) and Spain ($X), with a combined X% share of global exports. The Philippines, South Africa, Turkey, the United States, Tanzania, Russia, Slovakia and India lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for refractory products of siliceous or diatomite earths amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports

In 2022, approx. X tons of refractory products of siliceous or diatomite earths were imported worldwide; with a decrease of X% on the year before. Over the period under review, imports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, global imports of hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of refractory products of siliceous or diatomite earths dropped to $X in 2022. In general, imports, however, posted perceptible growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, global imports of attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Czech Republic (X tons) was the largest importer of refractory products of siliceous or diatomite earths, creating X% of total imports. Canada (X tons) took the second position in the ranking, followed by Rwanda (X tons), Saudi Arabia (X tons), Kazakhstan (X tons) and the UK (X tons). All these countries together held near X% share of total imports. Ireland (X tons), Greece (X tons), Gambia (X tons), Japan (X tons), Namibia (X tons), the Netherlands (X tons) and Germany (X tons) followed a long way behind the leaders.

Imports into the Czech Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Greece (X%), Gambia (X%), the Netherlands (X%), Ireland (X%), Kazakhstan (X%), Namibia (X%), Saudi Arabia (X%), Rwanda (X%), Germany (X%) and Canada (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, the UK (X%) and Japan (X%) illustrated a downward trend over the same period. The Czech Republic (X p.p.), Rwanda (X p.p.), Kazakhstan (X p.p.), Saudi Arabia (X p.p.), Ireland (X p.p.), Greece (X p.p.), Gambia (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the global imports, while Japan and the UK saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Saudi Arabia ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of global imports. Rwanda, Ireland, Germany, Greece, Japan, Namibia, Kazakhstan, Canada, the Czech Republic and Gambia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Greece, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for refractory products of siliceous or diatomite earths amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. Global import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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