Southern Asia: Market for Non-Refractory Clay Roofing Tiles 2024

Market Size for Non-Refractory Clay Roofing Tiles in Southern Asia

The South Asian non-refractory clay roofing tiles market dropped to $X in 2022, which is down by -1.8% against the previous year. In general, consumption saw a perceptible descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Refractory Clay Roofing Tiles in Southern Asia

In value terms, non-refractory clay roofing tiles production declined slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2017 with an increase of 13%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Non-Refractory Clay Roofing Tiles

Exports in Southern Asia

In 2022, shipments abroad of non-refractory clay roofing tiles decreased by -70.9% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 434% against the previous year. As a result, the exports reached the peak of X tons, and then shrank dramatically in the following year.

In value terms, non-refractory clay roofing tiles exports surged to $X in 2022. Over the period under review, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 81%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

India was the major exporting country with an export of about X tons, which amounted to 74% of total exports. It was distantly followed by Sri Lanka (X tons) and Pakistan (X tons), together constituting a 26% share of total exports.

Exports from India increased at an average annual rate of +11.7% from 2012 to 2022. At the same time, Pakistan (+33.8%) and Sri Lanka (+8.7%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +33.8% from 2012-2022. Pakistan (+4.6 p.p.) and India (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while Sri Lanka saw its share reduced by -5.8% from 2012 to 2022, respectively.

In value terms, Sri Lanka ($X), India ($X) and Pakistan ($X) were the countries with the highest levels of exports in 2022.

Pakistan, with a CAGR of +21.6%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, picking up by 297% against the previous year. Overall, the export price, however, continues to indicate a mild decrease. Over the period under review, the export prices reached the maximum at $X per ton in 2015; however, from 2016 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 Sri Lanka ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+2.2%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Refractory Clay Roofing Tiles

Imports in Southern Asia

In 2022, non-refractory clay roofing tiles imports in Southern Asia soared to X tons, jumping by 28% against the previous year. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2014 with an increase of 96%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, non-refractory clay roofing tiles imports skyrocketed to $X in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2014 with an increase of 95%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

India dominates imports structure, resulting at X tons, which was near 96% of total imports in 2022. Nepal (X tons) took a relatively small share of total imports.

India was also the fastest-growing in terms of the non-refractory clay roofing tiles imports, with a CAGR of +35.1% from 2012 to 2022. At the same time, Nepal (+2.9%) displayed positive paces of growth. From 2012 to 2022, the share of India increased by +29 percentage points.

In value terms, India ($X) constitutes the largest market for imported non-refractory clay roofing tiles in Southern Asia, comprising 96% of total imports. The second position in the ranking was held by Nepal ($X), with a 2.6% share of total imports.

In India, non-refractory clay roofing tiles imports increased at an average annual rate of +27.3% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, falling by -2.6% against the previous year. Over the period under review, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 when the import price increased by 4.3% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nepal ($X per ton), while India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+3.8%).

Source: IndexBox Platform

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