India: Market for Refractory Bricks, Blocks and Tiles 2025

Market Size for Refractory Bricks, Blocks and Tiles in India

The Indian market for refractory bricks, blocks and tiles fell modestly to $X in 2021, approximately mirroring the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Refractory bricks, blocks and tiles consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Production of Refractory Bricks, Blocks and Tiles in India

In value terms, refractory bricks, blocks and tiles production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the production volume increased by 18%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Refractory Bricks, Blocks and Tiles

Exports from India

In 2021, overseas shipments of refractory bricks, blocks and tiles increased by 22% to X tons, rising for the fifth consecutive year after four years of decline. Over the period under review, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 57%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, refractory bricks, blocks and tiles exports dropped to $X in 2021. In general, total exports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -21.1% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 21% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons), Australia (X tons) and Italy (X tons) were the main destinations of refractory bricks, blocks and tiles exports from India, with a combined 21% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +41.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the United Arab Emirates ($X) and Australia ($X) constituted the largest markets for refractory bricks, blocks and tiles exported from India worldwide, with a combined 17% share of total exports.

The United States, with a CAGR of +25.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for refractory bricks, blocks and tiles stood at $X per ton in 2021, falling by -21.7% against the previous year. Overall, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 34%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Refractory Bricks, Blocks and Tiles

Imports into India

In 2021, the amount of refractory bricks, blocks and tiles imported into India surged to X tons, growing by 16% against the previous year's figure. Over the period under review, imports, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 32% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, refractory bricks, blocks and tiles imports rose slightly to $X in 2021. In general, imports, however, saw a deep reduction. The growth pace was the most rapid in 2017 with an increase of 71% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of refractory bricks, blocks and tiles to India, with a 64% share of total imports. Moreover, refractory bricks, blocks and tiles imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold. The Netherlands (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.6% per year) and the Netherlands (+8.0% per year).

In value terms, China ($X) constituted the largest supplier of refractory bricks, blocks and tiles to India, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with a 19% share of total imports. It was followed by the Netherlands, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from China stood at -9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.4% per year) and the Netherlands (-1.2% per year).

Import Prices by Country

The average import price for refractory bricks, blocks and tiles stood at $X per ton in 2021, waning by -10.7% against the previous year. In general, the import price recorded a perceptible descent. The pace of growth was the most pronounced in 2017 an increase of 38%. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (-2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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