Eastern Asia: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Eastern Asia

For the third year in a row, the East Asian cement prefabricated structural components market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Eastern Asia

In value terms, cement prefabricated structural components production totaled $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

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Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports in Eastern Asia

In 2022, overseas shipments of prefabricated structural components of cement, concrete or artificial stone decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw a moderate expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cement prefabricated structural components exports declined to $X in 2022. Total exports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from China (X tons), together resulting at X% of total export.

China was also the fastest-growing in terms of the prefabricated structural components of cement, concrete or artificial stone exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest cement prefabricated structural components supplier in Eastern Asia.

In China, cement prefabricated structural components exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. 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 hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports in Eastern Asia

In 2022, supplies from abroad of prefabricated structural components of cement, concrete or artificial stone increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports showed tangible growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, cement prefabricated structural components imports rose slightly to $X in 2022. Overall, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Hong Kong SAR represented the key importer of prefabricated structural components of cement, concrete or artificial stone in Eastern Asia, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Taiwan (Chinese) (X tons) ranks second in terms of the total imports with a X% share, followed by Macao SAR (X%). Japan (X tons) held a little share of total imports.

Hong Kong SAR experienced a relatively flat trend pattern with regard to volume of imports of prefabricated structural components of cement, concrete or artificial stone. At the same time, Taiwan (Chinese) (X%) and Macao SAR (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) illustrated a downward trend over the same period. Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the total imports, while Macao SAR, Japan and Hong Kong SAR saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported prefabricated structural components of cement, concrete or artificial stone in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Macao SAR, with a X% share.

In Hong Kong SAR, cement prefabricated structural components imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Macao SAR (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, falling by X% against the previous year. Import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement prefabricated structural components import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, 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 Japan ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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