Feb 16, 2026
IndexBox has just published a new report: Latin America and the Caribbean – Clays – Market Analysis, Forecast, Size, Trends and Insights.
The Latin America and Caribbean clay market reached 24 million tons and $4.4 billion in 2024, driven by strong demand in construction. Brazil dominates, accounting for 68% of consumption and 72% of production. The market is forecast to grow at a CAGR of +3.0% in volume and +3.4% in value through 2035, reaching 33M tons and $6.3B. Clays for construction and industrial use constitute over 90% of the market. While the region is a net exporter, led by Brazil’s kaolin, imports are significant in Mexico and Chile, with varying price dynamics across product types and countries.
Key Findings
Brazil is the undisputed market leader, responsible for 68% of regional consumption and 72% of productionClays for construction and industrial use dominate, comprising over 90% of both consumption and production volumeThe market is forecast for steady growth, projected to reach 33M tons and $6.3B by 2035 at CAGRs of +3.0% and +3.4%The region is a net exporter, with Brazil supplying 82% of exports, primarily kaolin, while Mexico is the largest importerPer capita consumption is highest in the Dominican Republic (147 kg), Paraguay (140 kg), and Panama (98 kg)Market Forecast
Driven by increasing demand for clays in Latin America and the Caribbean, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +3.0% for the period from 2024 to 2035, which is projected to bring the market volume to 33M tons by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +3.4% for the period from 2024 to 2035, which is projected to bring the market value to $6.3B (in nominal wholesale prices) by the end of 2035.
ConsumptionLatin America and the Caribbean’s Consumption of Clays
In 2024, consumption of clays increased by 6.4% to 24M tons, rising for the fourth year in a row after two years of decline. The total consumption volume increased at an average annual rate of +3.6% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of consumption peaked in 2024 and is expected to retain growth in the immediate term.
The revenue of the clay market in Latin America and the Caribbean totaled $4.4B in 2024, surging by 9.1% 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). The total consumption indicated a notable expansion from 2013 to 2024: its value increased at an average annual rate of +3.2% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +43.3% against 2020 indices. Over the period under review, the market reached the maximum level in 2024 and is likely to see steady growth in the near future.
Consumption By Country
Brazil (16M tons) remains the largest clay consuming country in Latin America and the Caribbean, comprising approx. 68% of total volume. Moreover, clay consumption in Brazil exceeded the figures recorded by the second-largest consumer, Peru (2.6M tons), sixfold. The third position in this ranking was held by the Dominican Republic (1.7M tons), with a 7% share.
In Brazil, clay consumption increased at an average annual rate of +4.9% over the period from 2013-2024. In the other countries, the average annual rates were as follows: Peru (+5.3% per year) and the Dominican Republic (+5.4% per year).
In value terms, Brazil ($2.6B) led the market, alone. The second position in the ranking was held by Peru ($409M). It was followed by the Dominican Republic.
In Brazil, the clay market expanded at an average annual rate of +4.6% over the period from 2013-2024. The remaining consuming countries recorded the following average annual rates of market growth: Peru (+5.5% per year) and the Dominican Republic (+6.2% per year).
The countries with the highest levels of clay per capita consumption in 2024 were the Dominican Republic (147 kg per person), Paraguay (140 kg per person) and Panama (98 kg per person).
From 2013 to 2024, the biggest increases were recorded for the Dominican Republic (with a CAGR of +4.3%), while consumption for the other leaders experienced more modest paces of growth.
Consumption By Type
Clays for construction and industrial use (22M tons) constituted the product with the largest volume of consumption, comprising approx. 91% of total volume. Moreover, clays for construction and industrial use exceeded the figures recorded for the second-largest type, kaolin and kaolinic clays (1.4M tons), more than tenfold. Bentonite (612K tons) ranked third in terms of total consumption with a 2.6% share.
From 2013 to 2024, the average annual growth rate of the volume of clays for construction and industrial use consumption amounted to +5.0%. With regard to the other consumed products, the following average annual rates of growth were recorded: kaolin and kaolinic clays (-1.3% per year) and bentonite (-8.7% per year).
In value terms, clays for construction and industrial use ($3.5B) led the market, alone. The second position in the ranking was held by kaolin and kaolinic clays ($540M). It was followed by bentonite.
From 2013 to 2024, the average annual growth rate of the value of clays for construction and industrial use market amounted to +5.1%. For the other products, the average annual rates were as follows: kaolin and kaolinic clays (+4.0% per year) and bentonite (-7.7% per year).
ProductionLatin America and the Caribbean’s Production of Clays
In 2024, production of clays increased by 7.1% to 24M tons, rising for the fourth year in a row after two years of decline. The total output volume increased at an average annual rate of +2.9% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 9.9% against the previous year. Over the period under review, production hit record highs in 2024 and is likely to see gradual growth in the near future.
In value terms, clay production amounted to $4.1B in 2024 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 15% against the previous year. The level of production peaked in 2024 and is expected to retain growth in years to come.
Production By Country
The country with the largest volume of clay production was Brazil (17M tons), accounting for 72% of total volume. Moreover, clay production in Brazil exceeded the figures recorded by the second-largest producer, Peru (2.7M tons), sixfold. The Dominican Republic (1.6M tons) ranked third in terms of total production with a 6.9% share.
From 2013 to 2024, the average annual rate of growth in terms of volume in Brazil amounted to +3.6%. The remaining producing countries recorded the following average annual rates of production growth: Peru (+5.4% per year) and the Dominican Republic (+5.4% per year).
Production By Type
Clays for construction and industrial use (22M tons) constituted the product with the largest volume of production, accounting for 91% of total volume. Moreover, clays for construction and industrial use exceeded the figures recorded for the second-largest type, kaolin and kaolinic clays (1.7M tons), more than tenfold. The third position in this ranking was taken by bentonite (469K tons), with a 2% share.
From 2013 to 2024, the average annual growth rate of the volume of clays for construction and industrial use production totaled +5.0%. For the other products, the average annual rates were as follows: kaolin and kaolinic clays (-5.2% per year) and bentonite (-10.5% per year).
In value terms, clays for construction and industrial use ($36.5B) led the market, alone. The second position in the ranking was taken by kaolin and kaolinic clays ($502M). It was followed by bentonite.
From 2013 to 2024, the average annual rate of growth in terms of the value of clays for construction and industrial use production amounted to +9.0%. With regard to the other produced products, the following average annual rates of growth were recorded: kaolin and kaolinic clays (+2.4% per year) and bentonite (-11.1% per year).
ImportsLatin America and the Caribbean’s Imports of Clays
In 2024, purchases abroad of clays decreased by -0.6% to 1.1M tons, falling for the second year in a row after two years of growth. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 64%. Over the period under review, imports attained the maximum at 1.2M tons in 2022; however, from 2023 to 2024, imports stood at a somewhat lower figure.
In value terms, clay imports declined slightly to $343M in 2024. The total import value increased at an average annual rate of +1.7% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. The level of import peaked at $375M in 2022; however, from 2023 to 2024, imports remained at a lower figure.
Imports By Country
Mexico was the major importing country with an import of about 685K tons, which accounted for 60% of total imports. Brazil (147K tons) took the second position in the ranking, followed by Chile (99K tons), Ecuador (61K tons) and Colombia (55K tons). All these countries together took near 32% share of total imports. The following importers – Peru (21K tons) and Argentina (21K tons) – each amounted to a 3.7% share of total imports.
Mexico experienced a relatively flat trend pattern with regard to volume of imports of clays. At the same time, Chile (+13.1%), Ecuador (+4.2%) and Colombia (+1.4%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +13.1% from 2013-2024. By contrast, Brazil (-1.5%), Peru (-1.9%) and Argentina (-5.6%) illustrated a downward trend over the same period. While the share of Chile (+6.5 p.p.) and Ecuador (+2 p.p.) increased significantly in terms of the total imports from 2013-2024, the share of Argentina (-1.6 p.p.), Mexico (-1.8 p.p.) and Brazil (-2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Mexico ($159M) constitutes the largest market for imported clays in Latin America and the Caribbean, comprising 46% of total imports. The second position in the ranking was taken by Brazil ($60M), with an 18% share of total imports. It was followed by Chile, with a 10% share.
In Mexico, clay imports expanded at an average annual rate of +2.5% over the period from 2013-2024. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+0.1% per year) and Chile (+11.2% per year).
Imports By Type
In 2024, kaolin and kaolinic clays (600K tons) was the major type of clays, creating 52% of total imports. It was distantly followed by bentonite (307K tons) and clays for construction and industrial use (217K tons), together committing a 46% share of total imports. Fireclay (21K tons) held a relatively small share of total imports.
From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the leading imported products, was attained by clays for construction and industrial use (with a CAGR of +6.0%), while imports for the other products experienced mixed trends in the imports figures.
In value terms, the largest types of imported clays were kaolin and kaolinic clays ($182M), bentonite ($94M) and clays for construction and industrial use ($60M), with a combined 98% share of total imports.
In terms of the main imported products, clays for construction and industrial use, with a CAGR of +3.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other products experienced more modest paces of growth.
Import Prices By Type
In 2024, the import price in Latin America and the Caribbean amounted to $299 per ton, approximately mirroring the previous year. Over the period from 2013 to 2024, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2015 when the import price increased by 38%. The level of import peaked at $342 per ton in 2020; however, from 2021 to 2024, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major imported products. In 2024, major imported products recorded the following prices: in fireclay ($335 per ton) and bentonite ($307 per ton), while the price for clays for construction and industrial use ($277 per ton) and kaolin and kaolinic clays ($302 per ton) were amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by fireclay (+8.5%), while the other products experienced mixed trends in the import price figures.
Import Prices By Country
In 2024, the import price in Latin America and the Caribbean amounted to $299 per ton, approximately reflecting the previous year. Over the period from 2013 to 2024, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2015 an increase of 38%. The level of import peaked at $342 per ton in 2020; however, from 2021 to 2024, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($591 per ton), while Ecuador ($186 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Argentina (+4.6%), while the other leaders experienced more modest paces of growth.
ExportsLatin America and the Caribbean’s Exports of Clays
Clay exports rose notably to 1.1M tons in 2024, growing by 14% against the year before. Over the period under review, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2022 with an increase of 26%. The volume of export peaked at 2.3M tons in 2013; however, from 2014 to 2024, the exports stood at a somewhat lower figure.
In value terms, clay exports expanded sharply to $170M in 2024. Overall, exports, however, continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2022 with an increase of 26% against the previous year. The level of export peaked at $283M in 2013; however, from 2014 to 2024, the exports remained at a lower figure.
Exports By Country
Brazil prevails in exports structure, reaching 914K tons, which was near 82% of total exports in 2024. Argentina (72K tons) ranks second in terms of the total exports with a 6.5% share, followed by Peru (5.1%). Mexico (28K tons) held a relatively small share of total exports.
Exports from Brazil decreased at an average annual rate of -7.2% from 2013 to 2024. At the same time, Peru (+5.5%) and Mexico (+5.4%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +5.5% from 2013-2024. By contrast, Argentina (-3.5%) illustrated a downward trend over the same period. From 2013 to 2024, the share of Peru, Mexico and Argentina increased by +3.7, +1.9 and +1.8 percentage points, respectively.
In value terms, Brazil ($127M) remains the largest clay supplier in Latin America and the Caribbean, comprising 75% of total exports. The second position in the ranking was held by Peru ($19M), with an 11% share of total exports. It was followed by Argentina, with a 6.7% share.
From 2013 to 2024, the average annual rate of growth in terms of value in Brazil stood at -5.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (+4.8% per year) and Argentina (-5.1% per year).
Exports By Type
Kaolin and kaolinic clays represented the key exported product with an export of around 905K tons, which resulted at 82% of total exports. It was distantly followed by bentonite (164K tons), generating a 15% share of total exports. Clays for construction and industrial use (36K tons) followed a long way behind the leaders.
Exports of kaolin and kaolinic clays decreased at an average annual rate of -7.2% from 2013 to 2024. Clays for construction and industrial use and bentonite experienced a relatively flat trend pattern. From 2013 to 2024, the share of bentonite and clays for construction and industrial use increased by +8 and +1.8 percentage points, respectively.
In value terms, kaolin and kaolinic clays ($122M) remains the largest type of clays supplied in Latin America and the Caribbean, comprising 71% of total exports. The second position in the ranking was taken by bentonite ($28M), with a 16% share of total exports. It was followed by clays for construction and industrial use, with an 11% share.
For kaolin and kaolinic clays, exports decreased by an average annual rate of -5.6% over the period from 2013-2024. For the other products, the average annual rates were as follows: bentonite (-2.6% per year) and clays for construction and industrial use (+2.1% per year).
Export Prices By Type
The export price in Latin America and the Caribbean stood at $153 per ton in 2024, reducing by -4.1% against the previous year. Over the period from 2013 to 2024, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2021 an increase of 9.9%. Over the period under review, the export prices reached the maximum at $160 per ton in 2023, and then dropped slightly in the following year.
There were significant differences in the average prices amongst the major exported products. In 2024, the product with the highest price was clays for construction and industrial use ($535 per ton), while the average price for exports of kaolin and kaolinic clays ($134 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by kaolin (+1.8%), while the other products experienced mixed trends in the export price figures.
Export Prices By Country
In 2024, the export price in Latin America and the Caribbean amounted to $153 per ton, dropping by -4.1% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2021 when the export price increased by 9.9%. The level of export peaked at $160 per ton in 2023, and then dropped modestly in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($331 per ton), while Brazil ($139 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Brazil (+1.7%), while the other leaders experienced a decline in the export price figures.
Source: IndexBox Market Intelligence Platform
This report provides a comprehensive view of the clay industry in Latin America and the Caribbean, tracking demand, supply, and trade flows across the regional value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between exporters and importers within Latin America and the Caribbean. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the clay landscape in Latin America and the Caribbean.
Quick navigation
Key findings
Regional demand is shaped by both household and industrial usage, with trade flows linking supply hubs to import-reliant countries.
Pricing dynamics reflect unit values, freight costs, exchange rates, and regulatory shifts that affect sourcing decisions.
Supply depends on input availability and production efficiency, creating distinct cost curves across Latin America and the Caribbean.
Market concentration varies by country, creating different competitive landscapes and entry barriers.
The 2035 outlook highlights where capacity investment and demand growth are most aligned within the region.
Report scope
The report combines market sizing with trade intelligence and price analytics for Latin America and the Caribbean. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts across countries and sub-regions.
Market size and growth in value and volume terms
Consumption structure by end-use segments and countries
Production capacity, output, and cost dynamics
Regional trade flows, exporters, importers, and balances
Price benchmarks, unit values, and margin signals
Competitive context and market entry conditions
Product coverageProdcom 08122140 – KaolinProdcom 08122160 – Kaolinitic clays (ball and plastic clays)Prodcom 08122210 – BentoniteProdcom 08122230 – FireclayProdcom 08122250 – Common clays and shales for construction use (excluding bentonite, fireclay, expanded clays, kaolin and kaolinic clays), a ndalusite, kyanite and sillimanite, mullite, chamotte or dinas earthsCountry coverageCountry profiles and benchmarks
For the regional report, country profiles provide a consistent view of market size, trade balance, prices, and per-capita indicators across Latin America and the Caribbean. The profiles highlight the largest consuming and producing markets and allow direct benchmarking across peers.
Methodology
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
International trade data (exports, imports, and mirror statistics)
National production and consumption statistics
Company-level information from financial filings and public releases
Price series and unit value benchmarks
Analyst review, outlier checks, and time-series validation
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
Forecasts to 2035
The forecast horizon extends to 2035 and is based on a structured model that links clay demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts within Latin America and the Caribbean.
Historical baseline: 2012-2025
Forecast horizon: 2026-2035
Scenario-based sensitivity to income growth, substitution, and regulation
Capacity and investment outlook for major producing countries
Each country projection is built from its own historical pattern and the regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Price analysis and trade dynamics
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Price benchmarks by country and sub-region
Export and import unit value trends
Seasonality and calendar effects in trade flows
Price outlook to 2035 under baseline assumptions
Profiles of market participants
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
Business focus and production capabilities
Geographic reach and distribution networks
Cost structure and pricing strategy indicators
Compliance, certification, and sustainability context
How to use this report
Quantify regional demand and identify the most attractive country markets
Evaluate export opportunities and prioritize target destinations
Track price dynamics and protect margins
Benchmark performance against regional competitors
Build evidence-based forecasts for investment decisions
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of clay dynamics in Latin America and the Caribbean.
FAQ
What is included in the clay market in Latin America and the Caribbean?
The market size aggregates consumption and trade data at country and sub-regional levels, presented in both value and volume terms.
How are the forecasts to 2035 built?
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Does the report cover prices and margins?
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
Which countries are profiled in detail?
The report provides profiles for the largest consuming and producing countries in Latin America and the Caribbean.
Can this report support market entry decisions?
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.