Pakistan: Common Clay Market 2024

Common Clay Market Size in Pakistan

The Pakistani common clay market shrank modestly to $X in 2022, dropping by -4.5% against the previous year. Over the period under review, consumption recorded a deep setback. Common clay consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Common Clay Production in Pakistan

In value terms, common clay production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of 32% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Common Clay Exports

Exports from Pakistan

In 2022, shipments abroad of common clay decreased by -63.2% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 389%. The exports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, common clay exports fell markedly to $X in 2022. In general, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 331%. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

The UK (X tons) was the main destination for common clay exports from Pakistan, accounting for a 81% share of total exports. Moreover, common clay exports to the UK exceeded the volume sent to the second major destination, Afghanistan (X tons), sevenfold. The third position in this ranking was held by Kazakhstan (X tons), with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled +47.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (+5.9% per year) and Kazakhstan (+72.1% per year).

In value terms, the UK ($X) remains the key foreign market for common clay exports from Pakistan, comprising 80% of total exports. The second position in the ranking was held by Afghanistan ($X), with a 10% share of total exports. It was followed by Kazakhstan, with a 2% share.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to +40.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (+1.7% per year) and Kazakhstan (+35.5% per year).

Export Prices by Country

The average common clay export price stood at $X per ton in 2022, with a decrease of -13.2% against the previous year. Over the period under review, the export price saw a noticeable decline. The pace of growth appeared the most rapid in 2016 an increase of 71% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kazakhstan ($X per ton) and the UK ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) and Afghanistan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+10.1%), while the prices for the other major destinations experienced a decline.

Common Clay Imports

Imports into Pakistan

After three years of growth, overseas purchases of common clay decreased by -1.9% to X tons in 2022. In general, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 100% against the previous year. Imports peaked at X tons in 2021, and then shrank modestly in the following year.

In value terms, common clay imports declined to $X in 2022. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by 110% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Spain (X tons) and France (X tons) were the main suppliers of common clay imports to Pakistan, together accounting for 62% of total imports. The United States, the UK, Turkey and India lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +88.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Spain ($X) and France ($X) appeared to be the largest common clay suppliers to Pakistan, with a combined 56% share of total imports. The United States, India, the UK and Turkey lagged somewhat behind, together accounting for a further 40%.

Turkey, with a CAGR of +78.6%, saw the highest growth rate of 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

The average common clay import price stood at $X per ton in 2022, waning by -6.3% against the previous year. Overall, the import price saw a noticeable setback. The pace of growth appeared the most rapid in 2014 an increase of 23% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :