ASEAN: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in ASEAN

The ASEAN market for clays for construction and industrial use totaled $X in 2023, growing by X% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; afterwards, it flattened through to 2023.

Production of Clays For Construction and Industrial Use in ASEAN

In value terms, production of clays for construction and industrial use expanded modestly to $X in 2023 estimated in export price. In general, production saw a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production of reached the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Clays For Construction and Industrial Use

Exports in ASEAN

In 2023, shipments abroad of clays for construction and industrial use decreased by X% to X tons, falling for the fifth consecutive year after three years of growth. Overall, exports, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of clays for construction and industrial use reduced sharply to $X in 2023. Total exports indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia represented the main exporting country with an export of around X tons, which resulted at X% of total exports. Thailand (X tons) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%).

Malaysia 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, Thailand (X%) displayed positive paces of growth. By contrast, Indonesia (X%) illustrated a downward trend over the same period. Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X), Thailand ($X) and Indonesia ($X) appeared to be the countries with the highest levels of exports in 2023, together accounting for X% of total exports.

Among the main exporting countries, Malaysia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2023, the export price in ASEAN amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell modestly in the following year.

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 Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Clays For Construction and Industrial Use

Imports in ASEAN

In 2023, supplies from 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. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of clays for construction and industrial use reduced markedly to $X in 2023. Overall, imports continue to indicate a noticeable slump. The growth pace was the most rapid in 2014 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Malaysia (X tons) represented the major importer of clays for construction and industrial use, committing X% of total imports. Vietnam (X tons) held the second position in the ranking, distantly followed by Indonesia (X tons) and Thailand (X tons). All these countries together took near X% share of total imports. The Philippines (X tons) and Singapore (X tons) followed a long way behind the leaders.

Imports into Malaysia increased at an average annual rate of X% from 2012 to 2023. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2023. By contrast, Thailand (X%), Singapore (X%), Indonesia (X%) and the Philippines (X%) illustrated a downward trend over the same period. Malaysia (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total imports, while Thailand, the Philippines and Indonesia saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X), Vietnam ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Vietnam, with a CAGR of X%, saw 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 mixed trends in the imports figures.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the import price showed a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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 Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform