Malaysia: 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 Malaysia

The Malaysian market for building blocks and bricks of cement, concrete or artificial stone fell to $X in 2022, waning by X% against the previous year. Over the period under review, consumption continues to indicate a pronounced slump. 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 Malaysia

In value terms, production of building blocks and bricks of cement, concrete or artificial stone dropped to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible slump. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports from Malaysia

In 2022, exports of building blocks and bricks of cement, concrete or artificial stone from Malaysia soared to X tons, surging by X% against the previous year. Overall, exports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone skyrocketed to $X in 2022. In general, exports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Malaysia, with a X% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to Singapore exceeded the volume sent to the second major destination, the Philippines (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Brunei Darussalam (X% per year).

In value terms, the largest markets for building blocks and bricks of cement, concrete or artificial stone exported from Malaysia were Singapore ($X), the Philippines ($X) and Brunei Darussalam ($X), together accounting for X% of total exports.

Among the main countries of destination, the Philippines, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

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, surging by X% against the previous year. Overall, the export price, however, recorded a noticeable decrease. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to Singapore ($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 Brunei Darussalam (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 Malaysia

In 2022, overseas purchases of building blocks and bricks of cement, concrete or artificial stone increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone soared to $X in 2022. Over the period under review, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Malaysia, with a X% share of total imports. Moreover, imports of building blocks and bricks of cement, concrete or artificial stone from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was taken by Singapore (X tons), with a X% share.

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

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

Among the main suppliers, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 China ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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