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 rose to $X in 2023, growing by X% against the previous year. Over the period under review, consumption recorded a resilient expansion. Over the period under review, the market attained the maximum level in 2023 and is likely to continue growth in the immediate term.

Production of Clays For Construction and Industrial Use in ASEAN

In value terms, production of clays for construction and industrial use rose to $X in 2023 estimated in export price. Overall, production showed a strong increase. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production of reached the peak level in 2023 and is expected to retain growth in the near future.

Exports of Clays For Construction and Industrial Use

Exports in ASEAN

In 2023, overseas shipments of clays for construction and industrial use decreased by X% to X tons, falling for the fifth consecutive year after three years of growth. Over the period under review, exports, however, recorded a measured increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, exports of clays for construction and industrial use dropped rapidly to $X in 2023. Total exports indicated strong growth 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, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Malaysia represented the main exporter of clays for construction and industrial use in ASEAN, with the volume of exports accounting for X tons, which was near X% of total exports in 2023. It was distantly followed by Thailand (X tons), making up a X% share of total exports. Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to clays for construction and industrial use exports from Malaysia stood at X%. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2023. By contrast, Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Thailand increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X), Thailand ($X) and Indonesia ($X) were the countries with the highest levels of exports in 2023, together comprising X% of total exports.

Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries 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, remaining constant against the previous year. In general, the export price, however, recorded noticeable growth. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then dropped 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 Indonesia ($X per ton), while Malaysia ($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 consecutive year after three years of growth. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. 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 dropped dramatically to $X in 2023. Over the period under review, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.

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) ranks second in terms of the total imports with a X% share, followed by Indonesia (X%) and Thailand (X%). Singapore (X tons) held a little share of total imports.

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%) and Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Malaysia and Vietnam increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X), Vietnam ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Among the main importing countries, Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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, reducing by X% against the previous year. Overall, the import price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices reached the maximum 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 Indonesia ($X per ton), while Malaysia ($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 mixed trends in the import price figures.

Source: IndexBox Platform