India: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in India

The Indian market for building blocks and bricks of cement, concrete or artificial stone amounted to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the total consumption indicated a strong expansion 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, consumption decreased by X% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in India

In value terms, production of building blocks and bricks of cement, concrete or artificial stone amounted to $X in 2022 estimated in export price. Overall, the total production indicated a prominent increase 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, production decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

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Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from India

In 2022, shipments abroad of building blocks and bricks of cement, concrete or artificial stone increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone contracted slightly to $X in 2022. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Maldives (X tons) and the United Arab Emirates (X tons) were the main destinations of exports of building blocks and bricks of cement, concrete or artificial stone from India, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from India, comprising X% of total exports. The second position in the ranking was held by Maldives ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average export price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price, however, recorded a temperate increase. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked at $X per ton in 2021, and then declined notably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (X%), while the prices for the other major destinations experienced a decline.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into India

In 2022, imports of building blocks and bricks of cement, concrete or artificial stone into India declined rapidly to X tons, dropping by X% against the year before. Overall, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone dropped dramatically to $X in 2022. In general, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Italy (X tons) and Israel (X tons) were the main suppliers of imports of building blocks and bricks of cement, concrete or artificial stone to India, together accounting for X% of total imports. Greece, Nepal, the United Arab Emirates and Malaysia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Nepal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to India, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Greece, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Greece (X% per year).

Import Prices by Country

The average import price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Nepal ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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