India: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in India

The Indian market for clays for construction and industrial use shrank notably to $X in 2022, reducing by -28.4% against the previous year. Overall, consumption continues to indicate a noticeable setback. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Clays For Construction and Industrial Use in India

In value terms, production of clays for construction and industrial use reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by 9.9%. Production of peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Clays For Construction and Industrial Use

Exports from India

After three years of decline, overseas shipments of clays for construction and industrial use increased by 225% to X tons in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of clays for construction and industrial use skyrocketed to $X in 2022. In general, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for exports of clays for construction and industrial use from India, accounting for a 38% share of total exports. Moreover, exports of clays for construction and industrial use to Italy exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. The third position in this ranking was held by Saudi Arabia (X tons), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy amounted to +177.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+46.5% per year) and Saudi Arabia (+35.8% per year).

In value terms, Italy ($X) emerged as the key foreign market for clays for construction and industrial use exports from India, comprising 40% of total exports. The second position in the ranking was taken by Spain ($X), with a 13% share of total exports. It was followed by Bangladesh, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy totaled +169.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+47.8% per year) and Bangladesh (+7.1% per year).

Export Prices by Country

The average export price for clays for construction and industrial use stood at $X per ton in 2022, shrinking by -15.2% against the previous year. Over the period under review, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 11%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the United Arab Emirates ($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 China (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clays For Construction and Industrial Use

Imports into India

Imports of clays for construction and industrial use into India dropped to X tons in 2022, falling by -14% against the previous year. In general, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2015 with an increase of 35%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of clays for construction and industrial use rose markedly to $X in 2022. Over the period under review, imports saw a mild decline. The most prominent rate of growth was recorded in 2015 when imports increased by 23% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X tons), Ukraine (X tons) and South Africa (X tons) were the main suppliers of imports of clays for construction and industrial use to India, with a combined 73% share of total imports. China, the United States, Portugal, France and Malaysia lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +11.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest clays for construction and industrial use suppliers to India were the UK ($X), South Africa ($X) and Ukraine ($X), together accounting for 56% of total imports. China, the United States, France, Portugal and Malaysia lagged somewhat behind, together accounting for a further 30%.

Portugal, with a CAGR of +15.5%, saw the highest growth rate of 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 28% against the previous year. Overall, the import price showed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while the price for Malaysia ($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 (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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