Vietnam: Market for Non-Refractory Ceramic Building Bricks 2024

Market Size for Non-Refractory Ceramic Building Bricks in Vietnam

The Vietnamese non-refractory ceramic building bricks market shrank to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Non-Refractory Ceramic Building Bricks in Vietnam

In value terms, non-refractory ceramic building bricks production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Non-refractory ceramic building bricks production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Non-Refractory Ceramic Building Bricks

Exports from Vietnam

In 2022, after two years of growth, there was significant decline in shipments abroad of non-refractory ceramic building bricks, when their volume decreased by X% to X units. Over the period under review, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-refractory ceramic building bricks exports dropped dramatically to $X in 2022. In general, exports showed a deep reduction. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

India (X units), Lao People's Democratic Republic (X units) and Taiwan (Chinese) (X units) were the main destinations of non-refractory ceramic building bricks exports from Vietnam, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for non-refractory ceramic building bricks exported from Vietnam were India ($X), Lao People's Democratic Republic ($X) and Taiwan (Chinese) ($X), together comprising X% of total exports.

In terms of the main countries of destination, India, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-refractory ceramic building bricks export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, export price indicated measured growth 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. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Lao People's Democratic Republic ($X per unit) and India ($X per unit), while the average price for exports to Thailand ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Refractory Ceramic Building Bricks

Imports into Vietnam

In 2022, the amount of non-refractory ceramic building bricks imported into Vietnam fell remarkably to X units, with a decrease of X% against 2021. Overall, imports recorded a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, non-refractory ceramic building bricks imports dropped significantly to $X in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of non-refractory ceramic building bricks to Vietnam, accounting for a X% share of total imports. Moreover, non-refractory ceramic building bricks imports from the United States exceeded the figures recorded by the second-largest supplier, Cambodia (X units), threefold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of non-refractory ceramic building bricks to Vietnam, comprising X% of total imports. The second position in the ranking was taken by Cambodia ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average non-refractory ceramic building bricks import price amounted to $X per unit, surging by X% against the previous year. In general, import price indicated resilient growth 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, non-refractory ceramic building bricks import price increased by X% against 2019 indices. As a result, import price reached 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 the United States ($X per unit) and Cambodia ($X per unit), while the price for China ($X per unit) and Germany ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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