Southern Asia: Concrete Tile Market 2024

Concrete Tile Market Size in Southern Asia

The South Asian concrete tile market dropped slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Concrete Tile Production in Southern Asia

In value terms, concrete tile production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a mild curtailment. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Concrete Tile Exports

Exports in Southern Asia

In 2022, approx. X tons of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone were exported in Southern Asia; picking up by X% against 2021. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, concrete tile exports rose slightly to $X in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

In 2022, India (X tons) represented the largest exporter of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone in Southern Asia, generating X% of total export.

India was also the fastest-growing in terms of the tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of India increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest concrete tile supplier in Southern Asia.

From 2012 to 2022, the average annual growth rate of value in India totaled X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, shrinking by X% against the previous year. Export price indicated a perceptible 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, concrete tile export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

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

Concrete Tile Imports

Imports in Southern Asia

In 2022, after two years of decline, there was significant growth in overseas purchases of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone, when their volume increased by X% to X tons. Over the period under review, imports showed prominent growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, concrete tile imports declined to $X in 2022. In general, imports enjoyed a buoyant expansion. 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 2021, and then shrank modestly in the following year.

Imports by Country

Maldives was the main importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by India (X tons), Afghanistan (X tons) and Nepal (X tons), together generating a X% share of total imports. The following importers - Bhutan (X tons), Pakistan (X tons) and Bangladesh (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to concrete tile imports into Maldives stood at X%. At the same time, Nepal (X%), Afghanistan (X%), Pakistan (X%), India (X%) and Bangladesh (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%) illustrated a downward trend over the same period. Maldives (X p.p.), Nepal (X p.p.) and Afghanistan (X p.p.) significantly strengthened its position in terms of the total imports, while Bangladesh, India and Bhutan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X), Maldives ($X) and Pakistan ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Nepal, Bangladesh, Afghanistan and Bhutan lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted notably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 Nepal (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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