Vietnam: Market for Non-Kaolinitic Clays for Constructional and Industrial Use 2024

Market Size for Non-Kaolinitic Clays for Constructional and Industrial Use in Vietnam

The Vietnamese market for non-kaolinitic clays for constructional and industrial use skyrocketed to $X in 2022, increasing 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). Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Non-Kaolinitic Clays for Constructional and Industrial Use

Exports from Vietnam

In 2022, shipments abroad of non-kaolinitic clays for constructional and industrial use increased by X% to X tons, rising for the fifth consecutive year after two years of decline. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of non-kaolinitic clays for constructional and industrial use shrank slightly to $X in 2022. Over the period under review, exports saw a notable increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Cambodia (X tons) was the main destination for exports of non-kaolinitic clays for constructional and industrial use from Vietnam, accounting for a X% share of total exports. Moreover, exports of non-kaolinitic clays for constructional and industrial use to Cambodia exceeded the volume sent to the second major destination, Indonesia (X tons), twofold. Lao People's Democratic Republic (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cambodia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and Lao People's Democratic Republic (X% per year).

In value terms, Indonesia ($X), Cambodia ($X) and Lao People's Democratic Republic ($X) appeared to be the largest markets for non-kaolinitic clays for constructional and industrial use exported from Vietnam worldwide, with a combined X% share of total exports.

Indonesia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for non-kaolinitic clays for constructional and industrial use amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-kaolinitic clays for constructional and industrial use decreased by X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Kaolinitic Clays for Constructional and Industrial Use

Imports into Vietnam

In 2022, approx. X tons of non-kaolinitic clays for constructional and industrial use were imported into Vietnam; growing by X% against 2021 figures. Over the period under review, imports showed a buoyant increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of non-kaolinitic clays for constructional and industrial use dropped modestly to $X in 2022. Overall, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

India (X tons), China (X tons) and Thailand (X tons) were the main suppliers of imports of non-kaolinitic clays for constructional and industrial use to Vietnam, together accounting for X% of total imports. South Korea, Taiwan (Chinese), the United States, the UK, Japan and Australia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of non-kaolinitic clays for constructional and industrial use to Vietnam, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average import price for non-kaolinitic clays for constructional and industrial use amounted to $X per ton, declining by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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