Asia-Pacific: Market for Non-Refractory Clay Constructional Products 2024

Market Size for Non-Refractory Clay Constructional Products in Asia-Pacific

The Asia-Pacific non-refractory clay constructional products market shrank modestly to $X in 2022, waning by -4.4% against the previous year. Overall, consumption continues to indicate a abrupt descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Refractory Clay Constructional Products in Asia-Pacific

In value terms, non-refractory clay constructional products production reduced to $X in 2022 estimated in export price. In general, production showed a deep slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by 18% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Non-Refractory Clay Constructional Products

Exports in Asia-Pacific

In 2022, non-refractory clay constructional products exports in Asia-Pacific skyrocketed to X tons, rising by 23% compared with the previous year. Overall, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2015 with an increase of 107% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-refractory clay constructional products exports skyrocketed to $X in 2022. In general, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2015 when exports increased by 136% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

In 2022, China (X tons) represented the largest exporter of non-refractory clay constructional products, mixing up 74% of total exports. It was distantly followed by Thailand (X tons), committing a 12% share of total exports. The following exporters - India (X tons), Australia (X tons), Malaysia (X tons) and Hong Kong SAR (X tons) - together made up 11% of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-refractory clay constructional products exports from China stood at +13.1%. At the same time, Australia (+47.0%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +47.0% from 2012-2022. Hong Kong SAR experienced a relatively flat trend pattern. By contrast, Thailand (-2.6%), Malaysia (-23.8%) and India (-26.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Australia and Thailand increased by +61, +3.1 and +3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-refractory clay constructional products supplier in Asia-Pacific, comprising 76% of total exports. The second position in the ranking was taken by Thailand ($X), with a 12% share of total exports. It was followed by Australia, with a 4.2% share.

In China, non-refractory clay constructional products exports expanded at an average annual rate of +16.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+11.4% per year) and Australia (+27.8% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, surging by 7.7% against the previous year. Over the period under review, the export price saw a buoyant increase. The pace of growth was the most pronounced in 2013 an increase of 117%. The level of export peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.4%), while the other leaders experienced more modest paces of growth.

Imports of Non-Refractory Clay Constructional Products

Imports in Asia-Pacific

In 2022, after three years of decline, there was significant growth in purchases abroad of non-refractory clay constructional products, when their volume increased by 33% to X tons. In general, imports, however, recorded a deep reduction. The growth pace was the most rapid in 2018 when imports increased by 95%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-refractory clay constructional products imports rose significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2018 with an increase of 117% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Indonesia (X tons), India (X tons), Cambodia (X tons), the Philippines (X tons) and Lao People's Democratic Republic (X tons) represented roughly 79% of total imports in 2022. The following importers - Brunei Darussalam (X tons), Australia (X tons), Macao SAR (X tons) and Taiwan (Chinese) (X tons) - together made up 9.4% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Indonesia (with a CAGR of +51.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-refractory clay constructional products importing markets in Asia-Pacific were Indonesia ($X), Cambodia ($X) and India ($X), together accounting for 61% of total imports.

Indonesia, with a CAGR of +35.4%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, which is down by -16.6% against the previous year. Over the period under review, the import price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 an increase of 37% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+11.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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