China: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in China

The Chinese market for clays for construction and industrial use declined modestly to $X in 2022, reducing by -4.5% against the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.8% against 2020 indices. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Clays For Construction and Industrial Use in China

In value terms, production of clays for construction and industrial use shrank to $X in 2022 estimated in export price. In general, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.8% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 27%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Clays For Construction and Industrial Use

Exports from China

In 2022, after three years of growth, there was significant decline in shipments abroad of clays for construction and industrial use, when their volume decreased by -10.6% to X tons. Over the period under review, exports saw a perceptible curtailment. The growth pace was the most rapid in 2021 when exports increased by 33%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clays for construction and industrial use soared to $X in 2022. In general, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of 34% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

South Korea (X tons) was the main destination for exports of clays for construction and industrial use from China, with a 30% share of total exports. Moreover, exports of clays for construction and industrial use to South Korea exceeded the volume sent to the second major destination, Vietnam (X tons), threefold. The third position in this ranking was held by Japan (X tons), with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea amounted to +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+17.9% per year) and Japan (-2.9% per year).

In value terms, South Korea ($X) remains the key foreign market for clays for construction and industrial use exports from China, comprising 31% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 12% share of total exports. It was followed by Japan, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value to South Korea stood at +12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+33.7% per year) and Japan (+4.6% per year).

Export Prices by Country

In 2022, the average export price for clays for construction and industrial use amounted to $X per ton, growing by 43% against the previous year. In general, the export price recorded a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clays For Construction and Industrial Use

Imports into China

After two years of growth, overseas purchases of clays for construction and industrial use decreased by -50.4% to X tons in 2022. Over the period under review, imports, however, enjoyed a modest expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year. As a result, imports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, imports of clays for construction and industrial use dropped modestly to $X in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), South Africa (X tons) and Thailand (X tons) were the main suppliers of imports of clays for construction and industrial use to China, together comprising 63% of total imports. The UK, France, Germany, the United Arab Emirates and India lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +512.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest clays for construction and industrial use suppliers to China were France ($X), the United States ($X) and South Africa ($X), together comprising 79% of total imports. The UK, Thailand, Germany, the United Arab Emirates and India lagged somewhat behind, together comprising a further 14%.

The United Arab Emirates, with a CAGR of +558.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for clays for construction and industrial use amounted to $X per ton, growing by 95% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Thailand ($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 United Arab Emirates (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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