Market for Clays For Construction and Industrial Use in Thailand
Market Overview
The Thai market for clays for construction and industrial use fell sharply to $
in , declining by -% 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). Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $ in 2019; however, from to , consumption failed to regain momentum.
In value terms, production of clays for construction and industrial use fell to $ in estimated in export price. In general, the total production indicated a pronounced increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against indices. The most prominent rate of growth was recorded in 2009 when the production volume increased by %. Over the period under review, production of reached the maximum level at $ in 2019; however, from to , production failed to regain momentum.
in , declining by -% 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). Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $ in 2019; however, from to , consumption failed to regain momentum.In value terms, production of clays for construction and industrial use fell to $
in estimated in export price. In general, the total production indicated a pronounced increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against indices. The most prominent rate of growth was recorded in 2009 when the production volume increased by %. Over the period under review, production of reached the maximum level at $ in 2019; however, from to , production failed to regain momentum.Consumption
For the fifth consecutive year, Thailand recorded decline in consumption of clays for construction and industrial use, which decreased by -% to tons in . Over the period under review, consumption showed a slight shrinkage. Over the period under review, consumption of attained the peak volume at tons in 2013; however, from 2014 to , consumption failed to regain momentum.
The revenue of the market for clays for construction and industrial use in Thailand fell rapidly to $ in , declining by -% 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). Overall, consumption showed a relatively flat trend pattern. Consumption of peaked at $ in 2019; however, from to , consumption remained at a lower figure.
% to tons in . Over the period under review, consumption showed a slight shrinkage. Over the period under review, consumption of attained the peak volume at tons in 2013; however, from 2014 to , consumption failed to regain momentum.The revenue of the market for clays for construction and industrial use in Thailand fell rapidly to $
in , declining by -% 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). Overall, consumption showed a relatively flat trend pattern. Consumption of peaked at $ in 2019; however, from to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for clays for construction and industrial use in Thailand, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract 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 .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract 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
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
Thailand remains a net exporter of clays for construction and industrial use; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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