Asia-Pacific: Market for Refractory Bricks, Blocks and Tiles 2025

Market Size for Refractory Bricks, Blocks and Tiles in Asia-Pacific

After two years of decline, the Asia-Pacific market for refractory bricks, blocks and tiles increased by 4.5% to $X in 2021. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Refractory Bricks, Blocks and Tiles in Asia-Pacific

In value terms, refractory bricks, blocks and tiles production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 24% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Refractory Bricks, Blocks and Tiles

Exports in Asia-Pacific

After two years of decline, shipments abroad of refractory bricks, blocks and tiles increased by 24% to X tons in 2021. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 31% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, refractory bricks, blocks and tiles exports surged to $X in 2021. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 45% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, China (X tons) represented the main exporter of refractory bricks, blocks and tiles, comprising 71% of total exports. It was distantly followed by India (X tons), constituting a 23% share of total exports. Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to refractory bricks, blocks and tiles exports from China stood at -1.6%. At the same time, India (+5.8%) and Thailand (+5.6%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +5.8% from 2012-2021. India (+9.1 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -10.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest refractory bricks, blocks and tiles supplier in Asia-Pacific, comprising 80% of total exports. The second position in the ranking was taken by India ($X), with an 8.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: India (+3.2% per year) and Thailand (+6.0% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, flattening at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 25%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Refractory Bricks, Blocks and Tiles

Imports in Asia-Pacific

In 2021, overseas purchases of refractory bricks, blocks and tiles increased by 18% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X tons in 2012; afterwards, it flattened through to 2021.

In value terms, refractory bricks, blocks and tiles imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 33%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, India (X tons), Indonesia (X tons) and South Korea (X tons) was the key importer of refractory bricks, blocks and tiles in Asia-Pacific, committing 59% of total import. It was distantly followed by Vietnam (X tons) and Japan (X tons), together making up a 15% share of total imports. Malaysia (X tons), Australia (X tons), Thailand (X tons), China (X tons), Taiwan (Chinese) (X tons) and Bangladesh (X tons) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bangladesh (with a CAGR of +18.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Indonesia ($X) and India ($X) constituted the countries with the highest levels of imports in 2021, together comprising 43% of total imports. These countries were followed by China, Vietnam, Japan, Australia, Malaysia, Thailand, Taiwan (Chinese) and Bangladesh, which together accounted for a further 50%.

Bangladesh, with a CAGR of +19.9%, saw the highest rates of growth with regard to the value of imports, in terms of 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

The import price in Asia-Pacific stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 18% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+4.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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