South-Eastern Asia: Fireclay Market 2024

Fireclay Market Size in South-Eastern Asia

The Southeast Asian fireclay market shrank to $X in 2021, waning by -8.8% against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Fireclay Production in South-Eastern Asia

In value terms, fireclay production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 33%. As a result, production reached the peak level of $X, and then shrank in the following year.

Fireclay Exports

Exports in South-Eastern Asia

In 2021, approx. X tons of fireclay were exported in South-Eastern Asia; with a decrease of -18.8% on the previous year's figure. Overall, exports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by 1,233% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, fireclay exports shrank remarkably to $X in 2021. In general, exports showed a abrupt descent. The pace of growth was the most pronounced in 2013 when exports increased by 858%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Indonesia was the major exporter of fireclay in South-Eastern Asia, with the volume of exports resulting at X tons, which was near 56% of total exports in 2021. Thailand (X tons) took the second position in the ranking, distantly followed by Malaysia (X tons). All these countries together took approx. 42% share of total exports. Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Indonesia (with a CAGR of +16.9%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Indonesia ($X) and Malaysia ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 97% share of total exports.

Indonesia, with a CAGR of +8.6%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, which is down by -23.8% against the previous year. Overall, the export price recorded a slight decrease. The most prominent rate of growth was recorded in 2018 an increase of 95% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+12.6%), while the other leaders experienced a decline in the export price figures.

Fireclay Imports

Imports in South-Eastern Asia

In 2021, fireclay imports in South-Eastern Asia expanded to X tons, with an increase of 3.9% on the previous year. In general, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2018 when imports increased by 126% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fireclay imports amounted to $X in 2021. Over the period under review, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 114%. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

Imports by Country

The purchases of the three major importers of fireclay, namely Vietnam, Malaysia and Indonesia, represented more than two-thirds of total import. It was distantly followed by Myanmar (X tons), mixing up a 5.5% share of total imports. Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Vietnam (with a CAGR of +44.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Vietnam ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 93% of total imports.

Vietnam, with a CAGR of +44.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, rising by 10% against the previous year. Overall, the import price, however, showed a slight descent. The pace of growth was the most pronounced in 2019 an increase of 12% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Indonesia ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+0.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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