Vietnam: 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 Vietnam

The Vietnamese market for non-refractory clay flooring blocks, support or filler tiles shrank modestly to $X in 2022, which is down by -2.1% against the previous year. Over the period under review, consumption continues to indicate a deep contraction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of non-refractory clay flooring blocks, support or filler tiles dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a deep slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 24%. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports from Vietnam

Exports of non-refractory clay flooring blocks, support or filler tiles from Vietnam contracted modestly to X tons in 2022, waning by -5% against 2021. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of 418%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of non-refractory clay flooring blocks, support or filler tiles reduced to $X in 2022. In general, exports, however, continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 331%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Cambodia (X tons) was the main destination for exports of non-refractory clay flooring blocks, support or filler tiles from Vietnam, accounting for a 86% share of total exports. Moreover, exports of non-refractory clay flooring blocks, support or filler tiles to Cambodia exceeded the volume sent to the second major destination, Russia (X tons), more than tenfold. The United States (X tons) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume to Cambodia stood at +20.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+14.6% per year) and the United States (+25.4% per year).

In value terms, Cambodia ($X) remains the key foreign market for non-refractory clay flooring blocks, support or filler tiles exports from Vietnam, comprising 87% of total exports. The second position in the ranking was held by Russia ($X), with a 6.7% share of total exports. It was followed by the United States, with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cambodia stood at +11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+6.4% per year) and the United States (+16.0% per year).

Export Prices by Country

In 2022, the average export price for non-refractory clay flooring blocks, support or filler tiles amounted to $X per ton, dropping by -6.7% against the previous year. Overall, the export price showed a deep reduction. The growth pace was the most rapid in 2017 an increase of 22%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Lao People's Democratic Republic ($X per ton) and the United States ($X per ton), while the average price for exports to Russia ($X per ton) and Cambodia ($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 Russia (-7.2%), while the prices for the other major destinations experienced a decline.

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

Imports into Vietnam

In 2022, overseas purchases of non-refractory clay flooring blocks, support or filler tiles increased by 20% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 800% against the previous year. Over the period under review, imports of hit record highs at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of non-refractory clay flooring blocks, support or filler tiles expanded remarkably to $X in 2022. Overall, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 797%. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Japan (X tons) and South Korea (X tons) were the main suppliers of imports of non-refractory clay flooring blocks, support or filler tiles to Vietnam, with a combined 99% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +38.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest non-refractory clay flooring blocks, support or filler tiles suppliers to Vietnam were China ($X), Japan ($X) and South Korea ($X), together accounting for 99% of total imports.

Among the main suppliers, South Korea, with a CAGR of +43.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

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, declining by -8% against the previous year. In general, the import price, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 65%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($X per ton) and the Czech Republic ($X per ton), while the price for China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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