U.S.: Clay Market 2024

Clay Market Size in the U.S.

The U.S. clay market was estimated at $X in 2023, rising by X% against the previous year. In general, the total consumption indicated prominent 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, consumption increased by X% against 2012 indices. Clay consumption peaked in 2023 and is expected to retain growth in the near future.

Clay Production in the U.S.

In value terms, clay production rose to $X in 2023. In general, the total production indicated a strong 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. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Clay production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

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Clay Exports

Exports from the U.S.

Clay exports from the United States shrank markedly to X tons in 2023, with a decrease of X% against the previous year. In general, exports saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, clay exports shrank to $X in 2023. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at $X in 2022, and then shrank in the following year.

Exports by Country

Canada (X tons), Mexico (X tons) and China (X tons) were the main destinations of clay exports from the United States, together comprising X% of total exports. Japan, India, Taiwan (Chinese), South Korea, Germany, the Netherlands, Finland, Thailand, the UK and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Canada ($X), Mexico ($X) and China ($X) appeared to be the largest markets for clay exported from the United States worldwide, together accounting for X% of total exports. Japan, India, South Korea, Germany, the UK, Taiwan (Chinese), the Netherlands, Finland, Thailand and Sweden lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, 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 clay export price stood at $X per ton in 2023, surging by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, the average export prices reached the maximum in 2023 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Canada ($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 Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Clay Imports

Imports into the U.S.

In 2023, imports of clays into the United States reduced remarkably to X tons, falling by X% compared with the year before. Overall, imports recorded a deep setback. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, clay imports reduced dramatically to $X in 2023. In general, imports saw a abrupt decline. The pace of growth was the most pronounced in 2022 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Brazil (X tons) constituted the largest supplier of clay to the United States, accounting for a X% share of total imports. Moreover, clay imports from Brazil exceeded the figures recorded by the second-largest supplier, Mexico (X tons), more than tenfold. Canada (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Canada (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of clays to the United States, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2023, the average annual growth rate of value from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Spain (X% per year).

Import Prices by Country

In 2023, the average clay import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2023: its price 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, clay import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2023, the average import prices remained 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 UK ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform