Updated Sep 12, 2022 23:03

Market for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles in the United Kingdom

Market Overview
After two years of growth, the UK market for non-refractory clay flooring blocks, support or filler tiles decreased by -% to $ in . Over the period under review, consumption recorded a relatively flat trend pattern. Consumption of peaked at $ in 2016; however, from 2017 to , consumption stood at a somewhat lower figure.

In value terms, production of non-refractory clay flooring blocks, support or filler tiles reduced modestly to $ in estimated in export price. In general, production, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 when the production volume increased by % against the previous year. Production of peaked at $ in 2010; however, from 2011 to , production remained at a lower figure.


Consumption
In , after two years of growth, there was significant decline in consumption of non-refractory clay flooring blocks, support or filler tiles, when its volume decreased by -% to tons. Over the period under review, consumption recorded a relatively flat trend pattern. Consumption of peaked at tons in 2017; however, from 2018 to , consumption remained at a lower figure.

The size of the market for non-refractory clay flooring blocks, support or filler tiles in the UK dropped markedly to $ in , waning 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 recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $ in 2016; however, from 2017 to , consumption failed to regain momentum.


Market Forecast
Driven by rising demand for non-refractory clay flooring blocks, support or filler tiles in the UK, 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
Driven by a growing demand, the share of imports in total supply in the UK increased significantly over the last fifteen-year period (from % to %). Non-refractory clay flooring blocks, support or filler tiles market in the UK consists almost entirely of imported products.


Trade Balance
The UK remains a net importer of non-refractory clay flooring blocks, support or filler tiles; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.