Thailand: Clay Market 2024

Clay Market Size in Thailand

The Thai clay market reached $X in 2023, therefore, remained relatively stable against the previous year. In general, the total consumption indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2023, the growth of the market failed to regain momentum.

Clay Production in Thailand

In value terms, clay production reached $X in 2023 estimated in export price. In general, the total production indicated perceptible 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production growth failed to regain momentum.

Clay Exports

Exports from Thailand

After three years of growth, shipments abroad of clays decreased by X% to X tons in 2023. Over the period under review, total exports indicated a moderate increase from 2012 to 2023: its volume 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. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2022, and then shrank dramatically in the following year.

In value terms, clay exports declined markedly to $X in 2023. In general, total exports indicated a tangible expansion 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. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

Exports by Country

Indonesia (X tons), Bangladesh (X tons) and Vietnam (X tons) were the main destinations of clay exports from Thailand, together comprising X% of total exports. Malaysia, Cambodia, China and the Philippines lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Cambodia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Bangladesh ($X) and Vietnam ($X) were the largest markets for clay exported from Thailand worldwide, together comprising X% of total exports. Malaysia, Cambodia, China and the Philippines lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average clay export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the countries with the highest prices were the Philippines ($X per ton) and Vietnam ($X per ton), while the average price for exports to Cambodia ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced mixed trend patterns.

Clay Imports

Imports into Thailand

In 2023, supplies from abroad of clays decreased by X% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, clay imports reduced rapidly to $X in 2023. In general, total imports indicated a pronounced increase 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. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then dropped remarkably in the following year.

Imports by Country

China (X tons), India (X tons) and the United States (X tons) were the main suppliers of clay imports to Thailand, together accounting for X% of total imports. The UK, Malaysia, Australia and Ukraine lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Australia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest clay suppliers to Thailand were the United States ($X), China ($X) and India ($X), with a combined X% share of total imports.

Among the main suppliers, India, with a CAGR of X%, saw 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

The average clay import price stood at $X per ton in 2023, declining by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform