Asia-Pacific: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in Asia-Pacific

The Asia-Pacific market for clays for construction and industrial use rose to $X in 2023, increasing by X% against the previous year. In general, consumption showed a prominent expansion. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Clays For Construction and Industrial Use in Asia-Pacific

In value terms, production of clays for construction and industrial use rose slightly to $X in 2023 estimated in export price. Overall, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production of reached the peak level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Clays For Construction and Industrial Use

Exports in Asia-Pacific

In 2023, shipments abroad of clays for construction and industrial use increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports posted a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports of attained the maximum in 2023 and are likely to continue growth in the near future.

In value terms, exports of clays for construction and industrial use amounted to $X in 2023. Over the period under review, exports posted resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2023 and are likely to see gradual growth in the near future.

Exports by Country

In 2023, India (X tons) was the major exporter of clays for construction and industrial use, mixing up X% of total exports. Malaysia (X tons) held the second position in the ranking, followed by China (X tons) and Thailand (X tons). All these countries together held near X% share of total exports.

India was also the fastest-growing in terms of the clays for construction and industrial use exports, with a CAGR of X% from 2012 to 2023. At the same time, Malaysia (X%) and Thailand (X%) displayed positive paces of growth. By contrast, China (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total exports, while Thailand, Malaysia and China saw its share reduced by X%, X% and X% from 2012 to 2023, respectively.

In value terms, the largest clays for construction and industrial use supplying countries in Asia-Pacific were India ($X), China ($X) and Malaysia ($X), with a combined X% share of total exports.

India, with a CAGR of X%, recorded 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 2023, the export price in Asia-Pacific amounted to $X per ton, declining by X% against the previous year. Overall, the export price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Imports of Clays For Construction and Industrial Use

Imports in Asia-Pacific

In 2023, purchases abroad of clays for construction and industrial use decreased by X% to X tons, falling for the fourth year in a row after three years of growth. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports of reached the peak figure at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, imports of clays for construction and industrial use shrank to $X in 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.

Imports by Country

Bangladesh was the largest importer of clays for construction and industrial use in Asia-Pacific, with the volume of imports amounting to X tons, which was near X% of total imports in 2023. Malaysia (X tons) ranks second in terms of the total imports with a X% share, followed by Japan (X%), India (X%), South Korea (X%), China (X%) and Vietnam (X%).

Bangladesh was also the fastest-growing in terms of the clays for construction and industrial use imports, with a CAGR of X% from 2012 to 2023. At the same time, Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. South Korea and Japan experienced a relatively flat trend pattern. By contrast, China (X%) and India (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Bangladesh, Malaysia and Vietnam increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest clays for construction and industrial use importing markets in Asia-Pacific were China ($X), Japan ($X) and India ($X), with a combined X% share of total imports. Bangladesh, South Korea, Malaysia and Vietnam lagged somewhat behind, together comprising a further X%.

Bangladesh, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in Asia-Pacific stood at $X per ton in 2023, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform