MERCOSUR: Common Clay Market 2024

Common Clay Market Size in MERCOSUR

The MERCOSUR common clay market shrank modestly to $X in 2022, declining by -2.1% against the previous year. Overall, consumption, however, saw a deep reduction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Common Clay Production in MERCOSUR

In value terms, common clay production declined slightly to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 37%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Common Clay Exports

Exports in MERCOSUR

In 2022, after two years of growth, there was significant decline in overseas shipments of common clay, when their volume decreased by -11.7% to X tons. Overall, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, common clay exports surged to $X in 2022. In general, exports, however, posted a resilient increase. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Peru represented the main exporting country with an export of around X tons, which resulted at 77% of total exports. Colombia (X tons) took a 15% share (based on physical terms) of total exports, which put it in second place, followed by Brazil (7.3%).

From 2012 to 2022, average annual rates of growth with regard to common clay exports from Peru stood at +8.5%. At the same time, Colombia (+13.0%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +13.0% from 2012-2022. Brazil experienced a relatively flat trend pattern. While the share of Colombia (+5.8 p.p.) and Peru (+4.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (-9.4 p.p.) displayed negative dynamics.

In value terms, Brazil ($X) emerged as the largest common clay supplier in MERCOSUR, comprising 53% of total exports. The second position in the ranking was taken by Peru ($X), with a 26% share of total exports.

In Brazil, common clay exports increased at an average annual rate of +9.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (+4.3% per year) and Colombia (+1.8% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, rising by 84% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+10.2%), while the other leaders experienced a decline in the export price figures.

Common Clay Imports

Imports in MERCOSUR

In 2022, approx. X tons of common clay were imported in MERCOSUR; which is down by -14% on the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, common clay imports dropped to $X in 2022. Total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% 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 +64.8% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports reached the peak of $X, and then reduced slightly in the following year.

Imports by Country

Ecuador (X tons) and Colombia (X tons) dominates imports structure, together generating 74% of total imports. It was distantly followed by Chile (X tons) and Brazil (X tons), together mixing up a 14% share of total imports. The following importers - Peru (X tons), Venezuela (X tons) and Argentina (X tons) - together made up 9% of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +30.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) constitutes the largest market for imported common clay in MERCOSUR, comprising 35% of total imports. The second position in the ranking was taken by Ecuador ($X), with a 16% share of total imports. It was followed by Brazil, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Colombia stood at +4.4%. In the other countries, the average annual rates were as follows: Ecuador (-0.9% per year) and Brazil (+5.5% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform