Updated Mar 9, 2023 23:53

Clay Market in France

Market Overview
The French clay market fell modestly to $ in , stabilizing at 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, consumption, however, showed a relatively flat trend pattern. Clay consumption peaked at $ in 2016; however, from 2017 to , consumption stood at a somewhat lower figure.

In value terms, clay production contracted slightly to $ in estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2016; however, from 2017 to , production remained at a lower figure.


Consumption
In , consumption of clays increased by less than % to tons for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak volume of tons. From 2019 to , the growth of the consumption failed to regain momentum.

The size of the clay market in France dropped modestly to $ in , therefore, remained relatively stable 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, consumption, however, continues to indicate a relatively flat trend pattern. Clay consumption peaked at $ in 2016; however, from 2017 to , consumption stood at a somewhat lower figure.


Consumption by Type
Fireclay ( tons) constituted the product with the largest volume of consumption, accounting for % of total volume. Moreover, fireclay exceeded the figures recorded for the second-largest type, bentonite ( tons), sixfold. Clays for construction and industrial use ( tons) ranked third in terms of total consumption with a % share.

From 2007 to , the average annual growth rate of the volume of fireclay consumptions was relatively modest. With regard to the other consumed products, the following average annual rates of growth were recorded: bentonite (+% per year) and clays for construction and industrial use (-% per year).

In value terms, fireclay ($) led the market, alone. The second position in the ranking was held by bentonite ($). It was followed by kaolin and kaolinic clays.

From 2007 to , the average annual rate of growth in terms of the value of fireclay markets was relatively modest. With regard to the other consumed products, the following average annual rates of growth were recorded: bentonite (+% per year) and kaolin and kaolinic clays (-% per year).


Market Forecast
Driven by rising demand for clay in France, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
The growth in the share of France imports of in the clay market structure from % in 2007 to % in is explained by a more substantial reduction in output, compared with a decrease in imports.


Trade Balance
France remains a net importer of clay; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.