Refractory Bricks Market

Refractory bricks market: read the most recent statistics enhanced by an Ai-driven market research tool. Facts and figures include market prices, market size, trade, companies, imports, consumption, exports, and production. There is a breakdown by region, including China, Russia, the U.S., the Middle East, EU, the U.K., Latin America, and Africa. Market insights and forecast to 2030 are also featured in the snapshots.

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Refractory Bricks - World's Largest Markets

In value terms, China, Japan and the United States appeared to be the countries with the highest levels of market value in 2020, with a combined 46% share of the global market. India, Brazil, Mexico, Ukraine, Germany, Russia, Vietnam, South Korea, Thailand and Turkey lagged somewhat behind, together accounting for a further 32%.

Ukraine (+105.1% per year) recorded the highest growth rate of market size, among the main consuming countries over the period under review, while refractory bricks, blocks and tiles market for the other global leaders experienced more modest paces of growth.

Refractory Bricks, Blocks and Tiles Prices

Refractory Bricks, Blocks and Tiles - Top Importers

In value terms, South Korea ($191M), the United States ($188M) and India ($154M) constituted the countries with the highest levels of imports in 2020, with a combined 15% share of global imports. These countries were followed by Germany, Vietnam, Russia, Austria, Japan, Indonesia, Kazakhstan, France, Italy and South Africa, which together accounted for a further 31%.

Austria (+67.3% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Refractory Bricks, Blocks and Tiles - Top Exporters

In value terms, China ($1.2B) remains the largest refractory bricks, blocks and tiles supplier worldwide, comprising 35% of global exports. The second position in the ranking was occupied by Germany ($454M), with a 13% share of global exports. It was followed by Austria, with a 7.6% share.

In China, refractory bricks, blocks and tiles exports contracted by an average annual rate of -6.5% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-17.0% per year) and Austria (+4.5% per year).

Refractory Bricks, Blocks and Tiles - Market Forecast

Driven by increasing demand for refractory bricks, blocks and tiles worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Refractory Bricks - Product Coverage

• HS 690210 - Refractory bricks, blocks, tiles and similar refractory ceramic constructional goods; containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2o3
• HS 690220 - Refractory bricks, blocks, tiles and similar refractory ceramic constructional goods; containing by weight more than 50% of alumina (Al2o3), of silica (SiO2) or of a mixture or compound of these
• HS 690290 - Refractory bricks, blocks, tiles and similar refractory ceramic constructional goods; n.e.s. in item no. 6902.1 or 6902.2

Source: IndexBox Market Intelligence Platform