Italy: Fireclay Market 2024

Fireclay Market Size in Italy

The Italian fireclay market skyrocketed to $X in 2021, jumping by 68% against the previous year. Overall, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fireclay Production in Italy

In value terms, fireclay production dropped dramatically to $X in 2021 estimated in export price. In general, production continues to indicate a sharp setback. The pace of growth appeared the most rapid in 2019 with an increase of 255%. Fireclay production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Fireclay Exports

Exports from Italy

In 2021, overseas shipments of fireclay increased by 36% to X tons, rising for the second year in a row after two years of decline. In general, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 205%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, fireclay exports skyrocketed to $X in 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 196%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Russia (X tons) was the main destination for fireclay exports from Italy, accounting for a 56% share of total exports. Moreover, fireclay exports to Russia exceeded the volume sent to the second major destination, Greece (X tons), threefold. The third position in this ranking was held by Bulgaria (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at +73.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+119.8% per year) and Bulgaria (+99.2% per year).

In value terms, Greece ($X), Russia ($X) and Bulgaria ($X) appeared to be the largest markets for fireclay exported from Italy worldwide, with a combined 90% share of total exports. These countries were followed by the United Arab Emirates, France, Tunisia and Algeria, which together accounted for a further 6.1%.

Among the main countries of destination, the United Arab Emirates, with a CAGR of +256.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average fireclay export price amounted to $X per ton, with an increase of 64% against the previous year. Overall, the export price posted buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Greece ($X per ton), while the average price for exports to Tunisia ($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 Libya (+39.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fireclay Imports

Imports into Italy

In 2021, purchases abroad of fireclay was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fireclay imports surged to $X in 2021. Over the period under review, imports saw buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 80%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Ukraine (X tons) constituted the largest supplier of fireclay to Italy, with a 83% share of total imports. Moreover, fireclay imports from Ukraine exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from Ukraine stood at +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+34.4% per year) and Germany (-4.1% per year).

In value terms, Ukraine ($X) constituted the largest supplier of fireclay to Italy, comprising 87% of total imports. The second position in the ranking was taken by Turkey ($X), with an 8.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Ukraine totaled +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+32.5% per year) and Germany (-1.3% per year).

Import Prices by Country

In 2021, the average fireclay import price amounted to $X per ton, picking up by 2.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 13%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Ukraine ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.0%).

Source: IndexBox Platform

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