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 reached $X in 2023, flattening at the previous year. The total consumption indicated buoyant growth 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. Over the period under review, the market attained the maximum level 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 totaled $X in 2023 estimated in export price. The total production indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. 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 pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production of reached the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

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

Exports in Asia-Pacific

In 2023, approx. X tons of tiles, flagstones and similar articles of cement, concrete or artificial stone were exported in Asia-Pacific; growing by X% on the previous year. Overall, exports showed a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports of hit record highs in 2023 and are expected to retain growth in years to come.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone reached $X in 2023. Over the period under review, exports enjoyed resilient growth. The growth pace was the most rapid in 2013 when exports increased by X%. The level of export peaked in 2023 and is likely to see steady growth in years to come.

Exports by Country

China represented the main exporter of tiles, flagstones and similar articles of cement, concrete or artificial stone in Asia-Pacific, with the volume of exports finishing at X tons, which was near X% of total exports in 2023. Thailand (X tons) ranks second in terms of the total exports with a X% share, followed by India (X%), Malaysia (X%) and the Philippines (X%). Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to tiles, flagstones and similar articles of cement, concrete or artificial stone exports from China stood at X%. 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. While the share of China (X p.p.), India (X p.p.) and the Philippines (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Thailand (X p.p.) and Malaysia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by India ($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. The remaining exporting countries recorded the following average annual rates of exports growth: India (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2023, falling by X% against the previous year. Export price indicated a strong expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. 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 pace of growth appeared the most rapid in 2015 an increase of X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

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

In 2023, purchases abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2022, and then fell modestly in the following year.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone shrank slightly to $X in 2023. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of import peaked at $X in 2022, and then declined modestly in the following year.

Imports by Country

The purchases of the twelve major importers of tiles, flagstones and similar articles of cement, concrete or artificial stone, namely Cambodia, Vietnam, South Korea, Singapore, Lao People's Democratic Republic, Thailand, Australia, Japan, Taiwan (Chinese), Malaysia, China and Myanmar, represented more than two-thirds of total import.

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) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

In terms of the main importing countries, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, 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, declining by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs 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 China ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform