Asia-Pacific: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Asia-Pacific

The Asia-Pacific market for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X in 2023, remaining relatively unchanged against the previous year. The total consumption indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Asia-Pacific

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone reached $X in 2023 estimated in export price. The total production indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production of reached the peak level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports in Asia-Pacific

For the seventh consecutive year, Asia-Pacific recorded growth in shipments abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone, which increased by X% to X tons in 2023. Over the period under review, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked in 2023 and is likely to continue growth in years to come.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone totaled $X in 2023. Overall, exports posted a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports of reached the peak figure in 2023 and are expected to retain growth in the near future.

Exports by Country

In 2023, China (X tons) was the key exporter of tiles, flagstones and similar articles of cement, concrete or artificial stone, creating X% of total exports. Thailand (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by India (X%), Malaysia (X%) and the Philippines (X%). Vietnam (X tons) held a little share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, the Philippines (X%), India (X%), Thailand (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China, India and the Philippines increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by India ($X), with an X% share of total exports. It was followed by Thailand, with a X% share.

In China, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: India (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per ton, falling by X% against the previous year. Export price indicated prominent growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for tiles, flagstones and similar articles of cement, concrete or artificial stone increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports in Asia-Pacific

After two years of growth, supplies from abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by X% to X tons in 2023. Overall, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports of reached the peak figure at X tons in 2022, and then dropped slightly in the following year.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone contracted slightly to $X in 2023. Over the period under review, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2022, and then reduced slightly in the following year.

Imports by Country

The countries with the highest levels of imports of tiles, flagstones and similar articles of cement, concrete or artificial stone in 2023 were Cambodia (X tons), Vietnam (X tons), South Korea (X tons), Singapore (X tons), Lao People's Democratic Republic (X tons) and Thailand (X tons), together resulting at X% of total import. It was distantly followed by Japan (X tons) and Australia (X tons), together constituting an X% share of total imports. The following importers - Malaysia (X tons), Taiwan (Chinese) (X tons), China (X tons), Myanmar (X tons) and New Zealand (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Vietnam ($X) and Australia ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2023, almost unchanged from the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform