Asia: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in Asia

The Asian market for clays for construction and industrial use reduced slightly to $X in 2022, shrinking by -4.6% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Clays For Construction and Industrial Use in Asia

In value terms, production of clays for construction and industrial use fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 12%. Over the period under review, production of reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Clays For Construction and Industrial Use

Exports in Asia

In 2022, exports of clays for construction and industrial use in Asia skyrocketed to X tons, increasing by 31% against the year before. In general, exports continue to indicate a strong increase. The growth pace was the most rapid in 2021 with an increase of 61%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, exports of clays for construction and industrial use surged to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.0% 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 +106.7% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

India represented the key exporting country with an export of around X tons, which recorded 48% of total exports. Turkey (X tons) held an 18% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (13%), China (9.4%) and Thailand (6.7%). Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to clays for construction and industrial use exports from India stood at +28.3%. At the same time, Turkey (+30.7%), Pakistan (+10.2%) and Thailand (+9.1%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of +30.7% from 2012-2022. By contrast, Malaysia (-1.8%) and China (-2.4%) illustrated a downward trend over the same period. India (+38 p.p.) and Turkey (+15 p.p.) significantly strengthened its position in terms of the total exports, while China and Malaysia saw its share reduced by -19.5% and -24% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest clays for construction and industrial use supplying countries in Asia were China ($X), India ($X) and Malaysia ($X), together accounting for 74% of total exports.

Among the main exporting countries, India, with a CAGR of +18.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, which is down by -3.9% against the previous year. Over the period under review, the export price saw a noticeable downturn. The growth pace was the most rapid in 2016 an increase of 11% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Pakistan ($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 (+8.3%), while the other leaders experienced more modest paces of growth.

Imports of Clays For Construction and Industrial Use

Imports in Asia

Imports of clays for construction and industrial use fell rapidly to X tons in 2022, shrinking by -17.4% against the previous year's figure. Over the period under review, imports recorded a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, imports of clays for construction and industrial use expanded slightly to $X in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 33%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Bangladesh (X tons), Indonesia (X tons), Turkey (X tons), Japan (X tons), India (X tons), Taiwan (Chinese) (X tons), China (X tons), South Korea (X tons), the United Arab Emirates (X tons), Kazakhstan (X tons), Vietnam (X tons) and Malaysia (X tons) represented roughly 93% of total imports in 2022.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +28.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest clays for construction and industrial use importing markets in Asia were Indonesia ($X), Japan ($X) and China ($X), with a combined 44% share of total imports. Turkey, South Korea, India, Bangladesh, Vietnam, Taiwan (Chinese), Kazakhstan, Malaysia and the United Arab Emirates lagged somewhat behind, together accounting for a further 47%.

Among the main importing countries, Kazakhstan, with a CAGR of +14.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, surging by 23% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2013 when the import price increased by 35% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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