Indonesia: 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 Indonesia

The Indonesian market for building blocks and bricks of cement, concrete or artificial stone stood at $X in 2022, standing approx. at the previous year. Over the period under review, consumption showed a pronounced contraction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

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

In value terms, production of building blocks and bricks of cement, concrete or artificial stone totaled $X in 2022 estimated in export price. In general, production recorded a noticeable descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports from Indonesia

In 2022, shipments abroad of building blocks and bricks of cement, concrete or artificial stone increased by X% to X tons for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 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 surged to $X in 2022. In general, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The Philippines (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Indonesia, accounting for a X% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to the Philippines exceeded the volume sent to the second major destination, China (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Philippines totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Singapore (X% per year).

In value terms, the Philippines ($X) remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Philippines amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Singapore (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, which is down by X% against the previous year. Over the period under review, the export price showed a slight descent. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to the Philippines ($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 the Philippines (X%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Indonesia

In 2022, supplies from abroad of building blocks and bricks of cement, concrete or artificial stone increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports of hit record highs 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 skyrocketed to $X in 2022. In general, imports, however, continue to indicate a significant contraction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Spain (X tons) and China (X tons) were the main suppliers of imports of building blocks and bricks of cement, concrete or artificial stone to Indonesia, together comprising X% of total imports.

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

In value terms, Spain ($X), Malaysia ($X) and China ($X) appeared to be the largest building blocks and bricks of cement, concrete or artificial stone suppliers to Indonesia, together comprising X% of total imports.

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, jumping by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average 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 Spain ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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