Southern Asia: Market for Refractory Bricks, Blocks and Tiles 2025

Market Size for Refractory Bricks, Blocks and Tiles in Southern Asia

The South Asian market for refractory bricks, blocks and tiles stood at $X in 2021, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Refractory Bricks, Blocks and Tiles in Southern Asia

In value terms, refractory bricks, blocks and tiles production expanded rapidly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 21% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Refractory Bricks, Blocks and Tiles

Exports in Southern Asia

In 2021, overseas shipments of refractory bricks, blocks and tiles increased by 23% to X tons, rising for the fifth consecutive year after four years of decline. Over the period under review, exports showed a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 66% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, refractory bricks, blocks and tiles exports shrank modestly to $X in 2021. Total exports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -20.9% against 2019 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 23%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of refractory bricks, blocks and tiles, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the refractory bricks, blocks and tiles exports, with a CAGR of +5.8% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest refractory bricks, blocks and tiles supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India stood at +3.2%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, waning by -21.9% against the previous year. Over the period under review, the export price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2014 an increase of 34% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -2.5% per year.

Imports of Refractory Bricks, Blocks and Tiles

Imports in Southern Asia

In 2021, approx. X tons of refractory bricks, blocks and tiles were imported in Southern Asia; increasing by 17% on the previous year's figure. Over the period under review, imports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2019 when imports increased by 19%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, refractory bricks, blocks and tiles imports expanded sharply to $X in 2021. In general, imports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 47% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

India prevails in imports structure, accounting for X tons, which was near 84% of total imports in 2021. Bangladesh (X tons) ranks second in terms of the total imports with a 6.2% share, followed by Pakistan (5.2%). Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to refractory bricks, blocks and tiles imports into India stood at -4.3%. At the same time, Bangladesh (+18.4%), Nepal (+9.2%) and Pakistan (+8.3%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +18.4% from 2012-2021. Bangladesh (+5.2 p.p.), Pakistan (+3.3 p.p.) and Nepal (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by -10.7% from 2012 to 2021, respectively.

In value terms, India ($X) constitutes the largest market for imported refractory bricks, blocks and tiles in Southern Asia, comprising 75% of total imports. The second position in the ranking was held by Pakistan ($X), with a 12% share of total imports. It was followed by Bangladesh, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value in India amounted to -6.7%. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+5.6% per year) and Bangladesh (+19.9% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, declining by -5.9% against the previous year. Overall, the import price showed a mild shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 31%. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nepal (+6.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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