CIS: Expanded Clays Market 2024

Expanded Clays Market Size in CIS

The CIS expanded clays market soared to $X in 2021, increasing by 24% against the previous year. In general, consumption, however, saw a mild setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Expanded Clays Production in CIS

In value terms, expanded clays production surged to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible descent. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Expanded Clays Exports

Exports in CIS

In 2021, approx. X tons of exfoliated vermiculite, expanded clays and foamed slag were exported in the CIS; surging by 11% on 2020 figures. Over the period under review, exports, however, showed a mild contraction. The most prominent rate of growth was recorded in 2017 with an increase of 28%. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, expanded clays exports soared to $X in 2021. In general, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by 49%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Kazakhstan (X tons) and Belarus (X tons) represented the key exporters of exfoliated vermiculite, expanded clays and foamed slag in the CIS, together generating 77% of total exports. It was distantly followed by Russia (X tons), comprising a 21% share of total exports. Moldova (X tons) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Kazakhstan (with a CAGR of +24.8%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Kazakhstan ($X) remains the largest expanded clays supplier in the CIS, comprising 67% of total exports. The second position in the ranking was held by Russia ($X), with a 24% share of total exports. It was followed by Belarus, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan stood at +28.3%. In the other countries, the average annual rates were as follows: Russia (-0.8% per year) and Belarus (-7.8% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, picking up by 6.1% against the previous year. Export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, expanded clays export price increased by +63.0% against 2017 indices. The pace of growth appeared the most rapid in 2019 when the export price increased by 28%. The level of export peaked in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+2.8%), while the other leaders experienced mixed trends in the export price figures.

Expanded Clays Imports

Imports in CIS

In 2021, approx. X tons of exfoliated vermiculite, expanded clays and foamed slag were imported in the CIS; almost unchanged from 2020. Over the period under review, imports, however, saw a perceptible increase. The pace of growth appeared the most rapid in 2014 with an increase of 78%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, expanded clays imports dropped slightly to $X in 2021. Overall, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2019 when imports increased by 75%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Russia was the key importer of exfoliated vermiculite, expanded clays and foamed slag in the CIS, with the volume of imports finishing at X tons, which was near 73% of total imports in 2021. It was distantly followed by Kazakhstan (X tons), committing a 20% share of total imports. Belarus (X tons) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to expanded clays imports into Russia stood at +7.3%. At the same time, Belarus (+39.5%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +39.5% from 2012-2021. By contrast, Kazakhstan (-2.6%) illustrated a downward trend over the same period. Russia (+15 p.p.) and Belarus (+4 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by -17.8% from 2012 to 2021, respectively.

In value terms, Russia ($X) constitutes the largest market for imported exfoliated vermiculite, expanded clays and foamed slag in the CIS, comprising 74% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Russia totaled +8.9%. In the other countries, the average annual rates were as follows: Kazakhstan (-5.5% per year) and Belarus (+27.1% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, leveling off at the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 29%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+1.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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