Spain: Fireclay Market 2024

Fireclay Market Size in Spain

The Spanish fireclay market declined remarkably to $X in 2023, shrinking by X% against the previous year. Overall, consumption, however, showed a mild expansion. Fireclay consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Fireclay Production in Spain

In value terms, fireclay production reached $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

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Fireclay Exports

Exports from Spain

For the third year in a row, Spain recorded growth in overseas shipments of fireclay, which increased by X% to X tons in 2023. Over the period under review, exports saw buoyant growth. The pace of growth was the most pronounced in 2022 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in years to come.

In value terms, fireclay exports surged to $X in 2023. In general, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in years to come.

Exports by Country

France (X tons) was the main destination for fireclay exports from Spain, accounting for a X% share of total exports. It was followed by Colombia (X tons), with a X% share of total exports. Egypt (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Egypt (X% per year).

In value terms, France ($X) remains the key foreign market for fireclay exports from Spain, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

From 2012 to 2023, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Egypt (X% per year).

Export Prices by Country

The average fireclay export price stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the export price recorded a tangible increase. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fireclay Imports

Imports into Spain

Fireclay imports into Spain dropped markedly to X tons in 2023, reducing by X% on the year before. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, fireclay imports contracted dramatically to $X in 2023. Overall, imports, however, showed tangible growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Portugal (X tons) constituted the largest fireclay supplier to Spain, with a X% share of total imports. Moreover, fireclay imports from Portugal exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Portugal amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

In value terms, China ($X), Portugal ($X) and France ($X) appeared to be the largest fireclay suppliers to Spain, with a combined X% share of total imports.

In terms of the main suppliers, Portugal, 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 more modest paces of growth.

Import Prices by Country

In 2023, the average fireclay import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, showed a slight decrease. The pace of growth appeared the most rapid in 2020 an increase of X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform