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Slow recovery
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India keeps growing
- Prices rise?
Alexandra Feytis
SUPPLY SECURITY
The estimated 540,000 tpa wollastonite world production is mainly shared between China (55.5%), India (22%), the USA (12.4%) and Europe - Finland and Spain - and is essentially mined by the same handful of producers, although a few newcomers are attempting to enter the market.
After suffering the impact of the financial downturn for the last two years, the wollastonite industry is slowly getting back on track at different paces depending on the region. With no surprise, India is well in the lead with China - both working on developments to boost their capacities - followed by Europe, while the USA is still tailing.USAIn 2010, US producers had a significant increase in sales but they are not back to pre-crisis levels yet. That may not occur for a few years. The US market has been cyclic with a decline following...