Asia: Concrete Tile Market 2024

Concrete Tile Market Size in Asia

The Asian concrete tile market rose slightly to $X in 2023, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Concrete Tile Production in Asia

In value terms, concrete tile production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Concrete Tile Exports

Exports in Asia

In 2023, approx. X tons of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone were exported in Asia; picking up by X% on 2022 figures. Total exports indicated a perceptible increase from 2012 to 2023: its volume 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2023, the growth of the exports remained at a lower figure.

In value terms, concrete tile exports reduced modestly to $X in 2023. Overall, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by X%. The level of export peaked at $X in 2022, and then dropped in the following year.

Exports by Country

China was the major exporter of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone in Asia, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. Turkey (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (X%), Malaysia (X%) and India (X%). The following exporters - the Philippines (X tons) and Vietnam (X tons) - each reached a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to concrete tile exports from China stood at X%. At the same time, the Philippines (X%), India (X%), Thailand (X%), Vietnam (X%) and Turkey (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in Asia, 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, Thailand and the Philippines increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest concrete tile supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in China amounted to X%. In the other countries, the average annual rates were as follows: India (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, shrinking by X% against the previous year. Export price indicated buoyant 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, concrete tile export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2022, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while Turkey ($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.

Concrete Tile Imports

Imports in Asia

In 2023, approx. X tons of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone were imported in Asia; surging by X% against the year before. Total imports indicated a slight expansion from 2012 to 2023: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, concrete tile imports shrank to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2022, and then dropped modestly in the following year.

Imports by Country

The countries with the highest levels of concrete tile imports in 2023 were Hong Kong SAR (X tons), Singapore (X tons), Macao SAR (X tons), Israel (X tons), Cambodia (X tons), South Korea (X tons), Vietnam (X tons), Lao People's Democratic Republic (X tons), Georgia (X tons), Thailand (X tons), Kazakhstan (X tons) and Taiwan (Chinese) (X tons), together finishing at X% of total import. Myanmar (X tons) took a relatively small share of total imports.

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

In value terms, the largest concrete tile importing markets in Asia were South Korea ($X), Vietnam ($X) and Thailand ($X), with a combined X% share of total imports.

Vietnam, with a CAGR of X%, recorded 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

In 2023, the import price in Asia amounted to $X per ton, which is down by X% against the previous year. Overall, the import price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2022, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was South Korea ($X per ton), while Macao SAR ($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