India: Market for Non-Refractory Clay Roofing Tiles 2024

Market Size for Non-Refractory Clay Roofing Tiles in India

In 2022, the Indian non-refractory clay roofing tiles market increased by 0.2% to $X, rising for the second consecutive year after two years of decline. Overall, consumption recorded a relatively flat trend pattern. Non-refractory clay roofing tiles consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Refractory Clay Roofing Tiles in India

In value terms, non-refractory clay roofing tiles production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 10% against the previous year. Non-refractory clay roofing tiles production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Non-Refractory Clay Roofing Tiles

Exports from India

After two years of growth, overseas shipments of non-refractory clay roofing tiles decreased by -76.9% to X tons in 2022. Overall, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 543%. As a result, the exports reached the peak of X tons, and then declined notably in the following year.

In value terms, non-refractory clay roofing tiles exports skyrocketed to $X in 2022. Over the period under review, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 200% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Nepal (X tons), the UK (X tons) and South Africa (X tons) were the main destinations of non-refractory clay roofing tiles exports from India, with a combined 95% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +333.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Nepal ($X) emerged as the key foreign market for non-refractory clay roofing tiles exports from India, comprising 78% of total exports. The second position in the ranking was held by the UK ($X), with a 6.5% share of total exports. It was followed by South Africa, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nepal totaled +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+221.3% per year) and South Africa (+34.5% per year).

Export Prices by Country

In 2022, the average non-refractory clay roofing tiles export price amounted to $X per ton, increasing by 444% against the previous year. Overall, the export price, however, continues to indicate a pronounced reduction. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to the UK ($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 Nepal (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Non-Refractory Clay Roofing Tiles

Imports into India

In 2022, approx. X tons of non-refractory clay roofing tiles were imported into India; jumping by 30% against the year before. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2014 when imports increased by 122% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, non-refractory clay roofing tiles imports surged to $X in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2014 when imports increased by 123%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest non-refractory clay roofing tiles supplier to India, with a 81% share of total imports. Moreover, non-refractory clay roofing tiles imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +42.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+58.1% per year) and Vietnam (+29.6% per year).

In value terms, China ($X) constituted the largest supplier of non-refractory clay roofing tiles to India, comprising 83% of total imports. The second position in the ranking was taken by Spain ($X), with an 8.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +37.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+44.8% per year) and Vietnam (+18.3% per year).

Import Prices by Country

In 2022, the average non-refractory clay roofing tiles import price amounted to $X per ton, dropping by -2.1% against the previous year. Over the period under review, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 3.8% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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