Singapore: Common Clay Market Overview 2021

Common Clay Market Size in Singapore

The Singaporean common clay market soared to $X in 2019, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw noticeable growth. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Common clay consumption peaked at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

Common Clay Exports

Exports from Singapore

In 2019, overseas shipments of common clay decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, exports showed a noticeable setback. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

In value terms, common clay exports dropped notably to $X in 2019. In general, exports showed a resilient increase. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tonnes), Thailand (X tonnes) and Indonesia (X tonnes) were the main destinations of common clay exports from Singapore, together comprising X% of total exports. The Philippines, Australia, New Zealand and Viet Nam lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in the Philippines (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for common clay exported from Singapore were Thailand ($X), Indonesia ($X) and the Philippines ($X), together accounting for X% of total exports.

The Philippines (+X% per year) saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average common clay export price stood at $X per tonne in 2019, jumping by X% against the previous year. Overall, the export price enjoyed prominent growth. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. The export price peaked in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the Philippines ($X per tonne), while the average price for exports to Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines, while the prices for the other major destinations experienced more modest paces of growth.

Common Clay Imports

Imports into Singapore

In 2019, the amount of common clay imported into Singapore skyrocketed to X tonnes, growing by X% on the previous year. Overall, imports saw a noticeable expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

In value terms, common clay imports surged to $X in 2019. In general, imports continue to indicate measured growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

The U.S. (X tonnes), Spain (X tonnes) and China (X tonnes) were the main suppliers of common clay imports to Singapore, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in Spain (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constituted the largest supplier of common clay to Singapore, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2019, the average annual growth rate of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and China (+X% per year).

Import Prices by Country

In 2019, the average common clay import price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, continues to indicate a mild reduction. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2008; however, from 2009 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for clays in the world?

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The country with the largest volume of clay consumption was China (56M tonnes), accounting for 24% of total volume. Moreover, clay consumption in China exceeded the figures recorded by the second-largest consumer, Russia (24M tonnes), twofold. The third position in this ranking was occupied by Turkey (17M tonnes), with a 7.2% share.

What are the largest producers of clays in the world?

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China (58M tonnes) remains the largest clay producing country worldwide, accounting for 25% of total volume. Moreover, clay production in China exceeded the figures recorded by the second-largest producer, Russia (22M tonnes), threefold. Turkey (17M tonnes) ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of clays to Singapore?

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In value terms, the largest clay suppliers to Singapore were the U.S. ($3.2M), the UK ($2.9M) and China ($1.8M), with a combined 59% share of total imports. These countries were followed by Turkey, India, Malaysia and Indonesia, which together accounted for a further 30%.

What are the leading importers of clays from Singapore?

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In value terms, Indonesia ($805K), Malaysia ($610K) and Thailand ($419K) constituted the largest markets for clay exported from Singapore worldwide, with a combined 62% share of total exports. These countries were followed by the Philippines, Hong Kong SAR, Australia and Bangladesh, which together accounted for a further 23%.

What is the average export price for clays in Singapore?

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The average clay export price stood at $521 per tonne in 2019, surging by 39% against the previous year.

What is the average import price for clays in Singapore?

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The average clay import price stood at $336 per tonne in 2019, jumping by 24% against the previous year.