Nepal: Market for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles 2024

Market Size for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles in Nepal

The Nepalese market for non-refractory clay flooring blocks, support or filler tiles amounted to $X in 2022, with an increase of 14% against the previous year. Over the period under review, consumption recorded noticeable growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles in Nepal

In value terms, production of non-refractory clay flooring blocks, support or filler tiles rose sharply to $X in 2022 estimated in export price. In general, production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 85% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Exports from Nepal

In 2021, approx. X kg of non-refractory clay flooring blocks, support or filler tiles were exported from Nepal; reducing by -48% on 2020 figures. Overall, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2014 with an increase of 362% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of non-refractory clay flooring blocks, support or filler tiles fell rapidly to $X in 2021. Over the period under review, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2014 when exports increased by 333% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for exports of non-refractory clay flooring blocks, support or filler tiles from Nepal, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK was relatively modest.

In value terms, the UK ($X) emerged as the key foreign market for non-refractory clay flooring blocks, support or filler tiles exports from Nepal.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK was relatively modest.

Export Prices by Country

In 2021, the average export price for non-refractory clay flooring blocks, support or filler tiles amounted to $X per ton, rising by 17% against the previous year. Overall, the export price showed a significant increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 193% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +43.2% per year.

Imports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Imports into Nepal

In 2022, overseas purchases of non-refractory clay flooring blocks, support or filler tiles decreased by -52.1% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 532% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then fell rapidly in the following year.

In value terms, imports of non-refractory clay flooring blocks, support or filler tiles contracted markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 557% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest non-refractory clay flooring blocks, support or filler tiles supplier to Nepal, accounting for a 86% share of total imports. Moreover, imports of non-refractory clay flooring blocks, support or filler tiles from India exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to +62.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+54.5% per year) and Vietnam (+8.9% per year).

In value terms, China ($X), India ($X) and Vietnam ($X) were the largest non-refractory clay flooring blocks, support or filler tiles suppliers to Nepal, together comprising 100% of total imports.

India, with a CAGR of +56.2%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 non-refractory clay flooring blocks, support or filler tiles amounted to $X per ton, rising by 42% against the previous year. In general, the import price posted temperate growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 304%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform