Iceland: Clays Market 2020

Clays Market Size in Iceland

The revenue of the clays market in Iceland amounted to $X in 2018, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, clays consumption continues to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, the clays market reached its maximum level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Clays Exports

Exports from Iceland

In 2018, the exports of clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay) from Iceland totaled X tons, picking up by X% against the previous year. Overall, clays exports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Iceland exports peaked at X tons in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, clays exports stood at $X in 2018. In general, clays exports continue to indicate an extraordinary increase. The pace of growth was the most pronounced in 2009 when exports increased by X% against the previous year. Over the period under review, clays exports reached their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, Germany (X tons), distantly followed by Ukraine (X tons), Malaysia (X tons), the U.S. (X tons) and Portugal (X tons) represented the major exporters of clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay), together comprising X% of total exports. Spain (X tons) and Senegal (X tons) held a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Iceland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), the U.S. ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. Spain, Malaysia, Senegal, Portugal and Iceland lagged somewhat behind, together accounting for a further X (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The clays export price in Iceland stood at $X per ton in 2018, falling by -X% against the previous year. Overall, the clays export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. In that year, the export prices for clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay) attained their peak level of $X per ton. From 2016 to 2018, the growth in terms of the export prices for clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay) failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Clays Imports

Imports into Iceland

In 2018, approx. X tons of clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay) were imported into Iceland; going down by -X% against the previous year. In general, clays imports continue to indicate an abrupt contraction. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. In that year, clays imports reached their peak of X tons. From 2009 to 2018, the growth of clays imports remained at a lower figure.

In value terms, clays imports totaled $X in 2018. In general, clays imports continue to indicate an abrupt decrease. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. In that year, clays imports reached their peak of $X. From 2009 to 2018, the growth of clays imports remained at a somewhat lower figure.

Imports by Country

In 2018, Italy (X tons), distantly followed by Bangladesh (X tons), Belgium (X tons), the Netherlands (X tons) and France (X tons) were the key importers of clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay), together mixing up X% of total imports. Free Zones (X tons), India (X tons), Turkey (X tons), Spain (X tons), the United Arab Emirates (X tons), Canada (X tons) and Malaysia (X tons) followed a long way behind the leaders.

Imports into Italy increased at an average annual rate of +X% from 2007 to 2018. At the same time, Free Zones (+X%), Bangladesh (+X%), Turkey (+X%), the United Arab Emirates (+X%), Malaysia (+X%), Spain (+X%), India (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Free Zones emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. France and Belgium experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%) illustrated a downward trend over the same period. Bangladesh (+X p.p.), Italy (+X p.p.), Free Zones (+X p.p.), Turkey (+X p.p.), the United Arab Emirates (+X p.p.), Spain (+X p.p.) and Malaysia (+X p.p.) significantly strengthened its position in terms of the global imports, while the Netherlands saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) constitutes the largest market for imported clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay) into Iceland, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by India, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Italy was relatively modest. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and India (+X% per year).

Import Prices by Country

In 2018, the clays import price in Iceland amounted to $X per ton, standing approx. at the previous year. Overall, the clays import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the import price increased by X% y-o-y. Iceland import price peaked at $X per ton in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Malaysia ($X per ton), while Free Zones ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform