Updated Sep 12, 2022 23:02

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

Market Overview
The Turkish market for non-refractory clay flooring blocks, support or filler tiles shrank to $ in , which is down 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). In general, consumption continues to indicate a deep reduction. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to , consumption failed to regain momentum.

In value terms, production of non-refractory clay flooring blocks, support or filler tiles fell slightly to $ in estimated in export price. Overall, production showed a abrupt shrinkage. The growth pace was the most rapid in 2011 with an increase of % against the previous year. Production of peaked at $ in 2012; however, from 2013 to , production remained at a lower figure.


Consumption
Consumption of non-refractory clay flooring blocks, support or filler tiles in Turkey shrank to tons in , with a decrease of -% against . Over the period under review, consumption recorded a deep setback. Over the period under review, consumption of reached the maximum volume at tons in 2012; however, from 2013 to , consumption remained at a lower figure.

The size of the market for non-refractory clay flooring blocks, support or filler tiles in Turkey contracted slightly to $ in , with a decrease of -% 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). In general, consumption saw a abrupt decline. Consumption of peaked at $ in 2012; however, from 2013 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 Turkey, 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 .


Market Structure
Over the period under review, imports of non-refractory clay flooring blocks, support or filler tiles in Turkey 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 % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. The growth in the share of Turkey imports of in the non-refractory clay flooring blocks, support or filler tiles market structure from % 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 % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
Turkey 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.