China: 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 China

The Chinese market for tiles, flagstones and similar articles of cement, concrete or artificial stone totaled $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, 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 stood at a somewhat lower figure.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in China

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone expanded to $X in 2023 estimated in export price. Over the period under review, the total production indicated pronounced growth 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 when the production volume increased by X% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

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

Exports from China

In 2023, overseas shipments of tiles, flagstones and similar articles of cement, concrete or artificial stone increased by X% to X tons, rising for the fourth year in a row after two years of decline. Overall, exports posted a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked 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 contracted modestly to $X in 2023. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from China, with a X% share of total exports. Moreover, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone to the United States exceeded the volume sent to the second major destination, South Korea (X tons), twofold. The third position in this ranking was taken by Vietnam (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Vietnam (X% per year).

In value terms, the United States ($X) remains the key foreign market for tiles, flagstones and similar articles of cement, concrete or artificial stone exports from China, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Australia (X% per year).

Export Prices by Country

In 2023, the average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into China

In 2023, approx. X tons of tiles, flagstones and similar articles of cement, concrete or artificial stone were imported into China; with a decrease of X% on the year before. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone dropped markedly to $X in 2023. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

Italy (X tons), Japan (X tons) and Spain (X tons) were the main suppliers of imports of tiles, flagstones and similar articles of cement, concrete or artificial stone to China, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to China, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Spain (X% per year).

Import Prices by Country

In 2023, the average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, growing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Israel ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform