Vietnam: 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 Vietnam

The Vietnamese market for building blocks and bricks of cement, concrete or artificial stone was estimated at $X in 2022, flattening at the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

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

In value terms, production of building blocks and bricks of cement, concrete or artificial stone totaled $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2013; however, from 2014 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 Vietnam

In 2022, shipments abroad of building blocks and bricks of cement, concrete or artificial stone decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its volume 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. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone declined significantly to $X in 2022. In general, total exports 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. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports of reached the peak figure at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

The United States (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Vietnam, accounting for a X% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to the United States exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), twofold. Australia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Australia (X% per year).

In value terms, the United States ($X) remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by Australia, 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: Taiwan (Chinese) (X% per year) and Australia (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, falling by X% against the previous year. Over the period under review, the export price showed a noticeable shrinkage. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($X per ton) and Israel ($X per ton), while the average price for exports to France ($X per ton) and Cambodia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (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 Vietnam

In 2022, the amount of building blocks and bricks of cement, concrete or artificial stone imported into Vietnam skyrocketed to X tons, growing by X% against the previous year's figure. Overall, imports showed a moderate increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone surged to $X in 2022. Over the period under review, imports showed a buoyant increase. Over the period under review, imports of hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Taiwan (Chinese) (X tons) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Vietnam, accounting for a X% share of total imports. Moreover, imports of building blocks and bricks of cement, concrete or artificial stone from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a X% share.

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

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

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

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. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) and France ($X per ton) were 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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