
United Kingdom - Clays - Market Analysis, Forecast, Size, Trends and Insights
Clay Price in UK Grows Rapidly to $299 per Ton After Four Consecutive Months of Growth
United Kingdom Clay Export Price in September 2022
In September 2022, the clay price amounted to $299 per ton (FOB, United Kingdom), increasing by 47% against the previous month. Over the period under review, export price indicated prominent growth from January 2022 to September 2022: its price increased at an average monthly rate of +7.4% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, clay export price increased by +81.7% against May 2022 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was the Netherlands ($3,492 per ton), while the average price for exports to Saudi Arabia ($329 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+50.5%), while the prices for the other major destinations experienced more modest paces of growth.
United Kingdom Clay Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In September 2022, the product with the highest price was fireclay ($1,438 per ton), while the average price for exports of clays for construction and industrial use ($217 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: clays for construction and industrial use (+15.9%), while the prices for the other products experienced more modest paces of growth.
United Kingdom Clay Exports
For the fourth consecutive month, the UK recorded decline in shipments abroad of clays, which decreased by -94.9% to 6.2K tons in September 2022. In general, exports showed a sharp decrease. The most prominent rate of growth was recorded in March 2022 when exports increased by 64% against the previous month. The exports peaked at 165K tons in May 2022; however, from June 2022 to September 2022, the exports remained at a lower figure.
In value terms, clay exports fell dramatically to $1.8M (IndexBox estimates) in September 2022. Overall, exports faced a significant contraction. The most prominent rate of growth was recorded in March 2022 when exports increased by 40% against the previous month. As a result, the exports attained the peak of $32M. From April 2022 to September 2022, the growth of the exports failed to regain momentum.
United Kingdom Clay Exports by Type
Clays for construction and industrial use (5.5K tons) was the largest type of clay exported from the UK, with a 89% share of total exports. Moreover, clays for construction and industrial use exceeded the volume of the second product type, bentonite (644 tons), ninefold.
From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of export of clays for construction and industrial use stood at -12.5%. With regard to the other exported products, the following average monthly rates of growth were recorded: bentonite (+1.8% per month) and fireclay (-2.8% per month).
In value terms, clays for construction and industrial use ($1.2M), bentonite ($600K) and fireclay ($52K) appeared to be the most exported types of clays from the UK worldwide.
Among the main product categories, bentonite, with a CAGR of +3.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced mixed trend patterns.
United Kingdom Clay Exports by Country
the Netherlands (227 tons), Portugal (119 tons) and France (107 tons) were the main destinations of clay exports from the UK, with a combined 7.4% share of total exports. Germany, Saudi Arabia, Belgium, Italy, Iceland, Hong Kong SAR, Ireland, Denmark, Singapore and Kuwait lagged somewhat behind, together accounting for a further 8.8%.
From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland (with a CAGR of +4.4%), while the other leaders experienced a decline.
In value terms, the Netherlands ($794K) remains the key foreign market for clay exports from the UK, comprising 43% of total exports. The second position in the ranking was taken by Singapore ($74K), with a 4% share of total exports. It was followed by Belgium, with a 3.6% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of value to the Netherlands stood at -14.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Singapore (-12.9% per month) and Belgium (-28.4% per month).
Factors Affecting Clay Prices
Clay is one of the most important materials in the construction industry, and its price can have a significant impact on the overall cost of a project. There are several factors that contribute to the price of clay. The first is production costs, which include the cost of raw materials, labour, and transportation. The second is demand from industries such as construction, ceramics, and papermaking. The third factor is competition from other materials such as concrete and plastic.
The average price of clay in the UK has risen significantly in recent years, due to a number of factors. The first factor is the increasing demand for clay. This is due to the growing popularity of brick and stone cladding, as well as the need for more fire-resistant materials in buildings. The second factor is the dwindling supply of high-quality clay deposits. As more and more projects require higher-quality clay, there is less available on the market. Other factors that have contributed to rising clay prices include transportation costs and environmental regulations.
This report provides an in-depth analysis of the clay market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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