China ranks first in the world in both the production and export of wollastonite. The annual output of China's wollastonite industry is 550,000 tons, with products exported to Asian countries such as Japan, South Korea, and Southeast Asia, as well as European countries like Germany and Spain.The export volume reached 200,000 tons, accounting for 70% of the market. The main export market for China's wollastonite products is Europe, with an annual export volume of approximately 150,000 tons. The products exported to Japan and South Korea are mainlyAcicular powder. The wollastonite industry has achieved overall profitability, but profit margins remain very low. In particular, the appreciation of the renminbi and the reduction of the export tax rebate rate from 8% to 0% have compressed corporate profit margins. Additionally, the increase in mining access projects and rising costs, along with higher mining and processing expenses, have placed significant pressure on corporate profitability.
In terms of volume, data shows that from January to September 2016, China's wollastonite output reached 1,645.12 tons, an increase of 18.53% compared to the same period last year. From the perspective of export volume, data indicates that from January to September 2016, China's wollastonite exports reached 151,200 tons, an increase of 2.86% compared to the same period last year. Due to the sustained growth in demand for wollastonite in both domestic and international markets and the gradual increase in prices, some large companies are paying close attention to China's market and resource advantages, attempting to seize China's wollastonite resources through joint ventures, mergers, and acquisitions, thereby monopolizing the market.Ultra-fine wollastonite powderDomestic enterprises and the policy departments of regions where resources are located should prudently handle foreign capital involvement, utilize resources rationally and appropriately, and ensure the development of industries and enterprises.