Updated Jan 24, 2023 18:17

Market for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles in Pakistan

Market Overview
The Pakistani market for non-refractory clay flooring blocks, support or filler tiles totaled $ in , remaining constant 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, however, continues to indicate a abrupt setback. Consumption of peaked at $ in 2008; however, from 2009 to , consumption failed to regain momentum.

In value terms, production of non-refractory clay flooring blocks, support or filler tiles totaled $ in estimated in export price. Over the period under review, production, however, showed a abrupt decline. The growth pace was the most rapid in 2008 with an increase of %. As a result, production reached the peak level of $. From 2009 to , production of growth failed to regain momentum.


Consumption
Consumption of non-refractory clay flooring blocks, support or filler tiles in Pakistan was estimated at tons in , standing approx. at the previous year. Overall, consumption, however, saw a pronounced shrinkage. Over the period under review, consumption of hit record highs at tons in 2008; however, from 2009 to , consumption remained at a lower figure.

The revenue of the market for non-refractory clay flooring blocks, support or filler tiles in Pakistan reached $ in , flattening 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). In general, consumption, however, saw a deep setback. Consumption of peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.


Market Forecast
Depressed by shrinking demand for non-refractory clay flooring blocks, support or filler tiles in Pakistan, the market is expected to continue its downward consumption trend over the next eight-year period. 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 .


Market Structure
Over the period under review, imports of non-refractory clay flooring blocks, support or filler tiles in Pakistan were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for non-refractory clay flooring blocks, support or filler tiles. In , the share of imports in total consumption accounted for less than % in value terms and less than % in physical terms. The share of imports remained relatively constant over the period under review. The growth in the share of Pakistan imports of in the non-refractory clay flooring blocks, support or filler tiles market structure from less than % in 2007 to % in is explained by a more substantial reduction in output, compared with a decrease in imports. In , the share of imports in total consumption accounted for less than % in value terms and less than % in physical terms. The share of imports decreased moderately (less than percentage point) over the period under review.


Trade Balance
Pakistan remains a net exporter of non-refractory clay flooring blocks, support or filler tiles; 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.