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to Africa; 4% to West Asia; 2% to Oceania; and 1% to South America.
On Mr Gao's figures, China's consumption of iron oxides has increased at an average rate of 12.3% per annum between 1997 and 2001. If that growth rate is maintained over the next five years, consumption will reach 308,000 tonnes by 2006. Such growth in domestic consumption might go some way towards mopping up China's production surplus, but would still leave up to 100,000 tonnes/y available for export. Clearly Chinese supplies will continue to exert a major impact on the world iron oxide pigments industry.
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increased by 5-7% between 2003 and 2004 and it is expected to grow by a further 6% in 2005. Consumption is estimated at 92,000 tonnes for 2004, which looks rather high compared against Artikol's preliminary estimate of 70,000 tonnes or less. However, the two sources agree that Russian paint producti