Asia-Pacific: Beryllium Market 2024

Beryllium Market Size in Asia-Pacific

The Asia-Pacific beryllium market declined to $X in 2023, approximately reflecting the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2022, and then reduced in the following year.

Beryllium Production in Asia-Pacific

In value terms, beryllium production shrank to $X in 2023 estimated in export price. In general, production showed a strong expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Beryllium Exports

Exports in Asia-Pacific

After two years of decline, overseas shipments of unwrougt and powder beryllium increased by X% to X kg in 2023. Over the period under review, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, beryllium exports skyrocketed to $X in 2023. Overall, exports saw a buoyant expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, India (X kg) was the major exporter of unwrougt and powder beryllium, mixing up X% of total exports. Japan (X kg) took the second position in the ranking, distantly followed by Singapore (X kg). All these countries together held approx. X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to beryllium exports from India stood at X%. At the same time, Singapore (X%) and Japan (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Japan and Singapore increased by X and X percentage points, respectively.

In value terms, the largest beryllium supplying countries in Asia-Pacific were India ($X), Japan ($X) and Singapore ($X), together comprising X% of total exports.

In terms of the main exporting countries, Japan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2023, surging by X% against the previous year. In general, the export price saw a significant increase. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

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

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

Beryllium Imports

Imports in Asia-Pacific

In 2023, after three years of growth, there was significant decline in supplies from abroad of unwrougt and powder beryllium, when their volume decreased by X% to X tons. Over the period under review, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of import peaked at X tons in 2022, and then contracted in the following year.

In value terms, beryllium imports skyrocketed to $X in 2023. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the near future.

Imports by Country

China prevails in imports structure, resulting at X tons, which was approx. X% of total imports in 2023. It was distantly followed by Malaysia (X tons), committing an X% share of total imports. India (X kg) and Thailand (X kg) followed a long way behind the leaders.

Imports into China increased at an average annual rate of X% from 2012 to 2023. At the same time, Malaysia (X%), India (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2023. China (X p.p.), Malaysia (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported unwrougt and powder beryllium in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

In China, beryllium imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: India (X% per year) and Malaysia (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2023, jumping by X% against the previous year. In general, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform