Asia-Pacific: Concrete Tile Market 2024

Concrete Tile Market Size in Asia-Pacific

The Asia-Pacific concrete tile market reached $X in 2023, flattening at 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 attained the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Concrete Tile Production in Asia-Pacific

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 most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Concrete Tile Exports

Exports in Asia-Pacific

In 2023, the amount of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone exported in Asia-Pacific expanded significantly to X tons, picking up by X% against 2022. Overall, exports saw buoyant growth. The pace of growth was the most pronounced in 2017 when exports increased by 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 amounted to $X in 2023. In general, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in the near future.

Exports by Country

In 2023, China (X tons) was the key exporter of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone, generating X% of total exports. Thailand (X tons) held the second position in the ranking, followed by Malaysia (X tons) and India (X tons). All these countries together took approx. X% share of total exports. The following exporters - the Philippines (X tons) and Vietnam (X tons) - each reached an 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%) 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. India (X p.p.), China (X p.p.), Thailand (X p.p.) and the Philippines (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual rate of growth in terms of value in China amounted to X%. 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

In 2023, the export price in Asia-Pacific amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then reduced in the following year.

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

Concrete Tile Imports

Imports in Asia-Pacific

For the third consecutive year, Asia-Pacific recorded growth in overseas purchases of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone, which increased by X% to X tons in 2023. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum 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. Overall, imports recorded strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then declined 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), Cambodia (X tons), South Korea (X tons), Vietnam (X tons), Lao People's Democratic Republic (X tons), Thailand (X tons), Taiwan (Chinese) (X tons), Myanmar (X tons), Brunei Darussalam (X tons) and Japan (X tons), together amounting to X% of total import.

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, South Korea ($X), Vietnam ($X) and Thailand ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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, falling by X% against the previous year. In general, the import price, however, recorded a pronounced expansion. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2022, and then fell in the following year.

Prices varied noticeably by country of destination: 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