Updated Sep 12, 2022 23:04

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

Market Overview
The U.S. market for non-refractory clay flooring blocks, support or filler tiles rose sharply to $ in , increasing 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). Over the period under review, consumption saw a slight downturn. Over the period under review, the market hit record highs at $ in 2009; however, from 2010 to , consumption stood at a somewhat lower figure.

In value terms, production of non-refractory clay flooring blocks, support or filler tiles stood at $ in . Over the period under review, the total production indicated a modest increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against indices. The most prominent rate of growth was recorded in with an increase of % against the previous year. As a result, production reached the peak level of $. From to , production of growth failed to regain momentum.


Consumption
In , approx. tons of non-refractory clay flooring blocks, support or filler tiles were consumed in the United States; waning by -% compared with the year before. In general, consumption showed a perceptible downturn. Over the period under review, consumption of reached the maximum volume at tons in 2009; however, from 2010 to , consumption remained at a lower figure.

The size of the market for non-refractory clay flooring blocks, support or filler tiles in the United States stood at $ in , rising 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 continues to indicate a mild curtailment. Consumption of peaked at $ in 2009; however, from 2010 to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for non-refractory clay flooring blocks, support or filler tiles in the United States, 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 the United States 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 the United States 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
The United States 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 $.