Southern Asia: 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 Southern Asia

The South Asian market for building blocks and bricks of cement, concrete or artificial stone totaled $X in 2022, flattening at the previous year. The total consumption indicated a moderate 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 somewhat lower figure.

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

In value terms, production of building blocks and bricks of cement, concrete or artificial stone amounted to $X in 2022 estimated in export price. The total production indicated a strong 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%. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

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

Exports in Southern Asia

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. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone declined modestly to $X in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports of reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

India prevails in stone structure, amounting to X tons, which was near X% of total exports in 2022. The following exporters - Pakistan (X tons) and Sri Lanka (X tons) - each reached a X% share of total exports.

India was also the fastest-growing in terms of the building blocks and bricks of cement, concrete or artificial stone exports, with a CAGR of X% from 2012 to 2022. At the same time, Sri Lanka (X%) displayed positive paces of growth. By contrast, Pakistan (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total exports, while Sri Lanka and Pakistan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, India ($X) remains the largest building blocks and bricks of cement, concrete or artificial stone supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports.

In India, exports of building blocks and bricks of cement, concrete or artificial stone increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Pakistan (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Southern Asia

In 2022, supplies from abroad of building blocks and bricks of cement, concrete or artificial stone decreased by X% to X tons, falling for the third consecutive year after four years of growth. Overall, imports, however, continue to indicate moderate growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone dropped remarkably to $X in 2022. In general, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Afghanistan (X tons) was the major importer of building blocks and bricks of cement, concrete or artificial stone, generating X% of total imports. Maldives (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Nepal (X%), Bhutan (X%) and Bangladesh (X%). India (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to building blocks and bricks of cement, concrete or artificial stone imports into Afghanistan stood at X%. At the same time, Nepal (X%), Bangladesh (X%) and Maldives (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Bhutan (X%) and India (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Afghanistan, Nepal and Bangladesh increased by X, X and X percentage points, respectively.

In value terms, Maldives ($X), Nepal ($X) and India ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Nepal, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, shrinking by X% against the previous year. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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