Indonesia: Common Clay Market 2024

Common Clay Market Size in Indonesia

In 2022, the Indonesian common clay market increased by 0.4% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a pronounced shrinkage. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Common Clay Production in Indonesia

In value terms, common clay production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2014 when the production volume increased by 27%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Common Clay Exports

Exports from Indonesia

In 2022, common clay exports from Indonesia soared to X tons, increasing by 16% compared with the previous year. Over the period under review, exports, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 2,847%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, common clay exports rose notably to $X in 2022. In general, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1,228%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for common clay exports from Indonesia, with a 73% share of total exports. Moreover, common clay exports to Malaysia exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), fivefold. Bangladesh (X tons) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia amounted to +15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-1.9% per year) and Bangladesh (-8.8% per year).

In value terms, Taiwan (Chinese) ($X), Malaysia ($X) and Vietnam ($X) constituted the largest markets for common clay exported from Indonesia worldwide, with a combined 93% share of total exports.

In terms of the main countries of destination, Vietnam, with a CAGR of +38.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average common clay export price amounted to $X per ton, which is down by -4.6% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 72% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Bangladesh ($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 the United Arab Emirates (+50.5%), while the prices for the other major destinations experienced mixed trend patterns.

Common Clay Imports

Imports into Indonesia

In 2022, overseas purchases of common clay increased by 119% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, common clay imports surged to $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +137.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 103% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of common clay to Indonesia, with a 44% share of total imports. Moreover, common clay imports from the UK exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK totaled +46.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+3.9% per year) and Taiwan (Chinese) (+16.2% per year).

In value terms, the UK ($X), Thailand ($X) and Malaysia ($X) appeared to be the largest common clay suppliers to Indonesia, together accounting for 73% of total imports.

The UK, with a CAGR of +50.5%, saw the highest rates of growth with regard to 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 common clay import price amounted to $X per ton, shrinking by -46.9% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 an increase of 50%. As a result, import price attained the peak level of $X per ton, and then shrank significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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