Africa: 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 Africa

In 2021, after five years of growth, there was significant decline in the African market for building blocks and bricks of cement, concrete or artificial stone, when its value decreased by -5.7% to $X. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then dropped in the following year.

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

In value terms, production of building blocks and bricks of cement, concrete or artificial stone contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when the production volume increased by 15%. As a result, production attained the peak level of $X, and then declined in the following year.

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

Exports in Africa

In 2021, approx. X tons of building blocks and bricks of cement, concrete or artificial stone were exported in Africa; jumping by 22% against 2020 figures. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 35% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone soared to $X in 2021. Total exports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Botswana (X tons) and South Africa (X tons) was the key exporter of building blocks and bricks of cement, concrete or artificial stone in Africa, mixing up 98% of total export.

From 2012 to 2021, the biggest increases were recorded for Botswana (with a CAGR of +11.2%).

In value terms, Botswana ($X) and South Africa ($X) constituted the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, Botswana, with a CAGR of +14.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, rising by 15% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 27%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was South Africa ($X per ton), while Botswana stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Botswana (+2.6%).

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

Imports in Africa

In 2021, after two years of decline, there was significant growth in purchases abroad of building blocks and bricks of cement, concrete or artificial stone, when their volume increased by 71% to X tons. Overall, imports, however, saw a relatively flat trend pattern. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone surged to $X in 2021. Total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of building blocks and bricks of cement, concrete or artificial stone, namely Nigeria, Lesotho and Zimbabwe, represented more than two-thirds of total import. Guinea (X tons), Swaziland (X tons), South Africa (X tons), Botswana (X tons), Democratic Republic of the Congo (X tons), Libya (X tons) and Guinea-Bissau (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Zimbabwe (with a CAGR of +61.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported building blocks and bricks of cement, concrete or artificial stone in Africa, comprising 33% of total imports. The second position in the ranking was taken by Zimbabwe ($X), with a 16% share of total imports. It was followed by Guinea, with an 11% share.

In Nigeria, imports of building blocks and bricks of cement, concrete or artificial stone expanded at an average annual rate of +44.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Zimbabwe (+65.1% per year) and Guinea (+15.9% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, with an increase of 23% against the previous year. Import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for building blocks and bricks of cement, concrete or artificial stone increased by +65.4% against 2018 indices. The pace of growth was the most pronounced in 2020 an increase of 31%. The level of import peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Guinea ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+6.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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