ASEAN: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2025

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in ASEAN

After two years of growth, the ASEAN market for tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by -2.3% to $X in 2021. In general, consumption continues to indicate a prominent expansion. The level of consumption peaked at $X in 2020, and then declined slightly in the following year.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in ASEAN

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone contracted modestly to $X in 2021 estimated in export price. Over the period under review, production saw a strong increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 32%. Over the period under review, production of reached the maximum level at $X in 2020, and then dropped modestly in the following year.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports in ASEAN

In 2021, shipments abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone increased by 16% to X tons for the first time since 2018, thus ending a two-year declining trend. Total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 36%. Over the period under review, the exports of reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone soared to $X in 2021. Overall, exports showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Thailand represented the main exporter of tiles, flagstones and similar articles of cement, concrete or artificial stone in ASEAN, with the volume of exports accounting for X tons, which was near 65% of total exports in 2021. It was distantly followed by Malaysia (X tons) and Vietnam (X tons), together comprising a 32% share of total exports.

Thailand was also the fastest-growing in terms of the tiles, flagstones and similar articles of cement, concrete or artificial stone exports, with a CAGR of +15.7% from 2012 to 2021. At the same time, Vietnam (+8.4%) displayed positive paces of growth. By contrast, Malaysia (-4.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Thailand and Vietnam increased by +36 and +1.6 percentage points, respectively.

In value terms, Thailand ($X) remains the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplier in ASEAN, comprising 49% of total exports. The second position in the ranking was held by Malaysia ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Thailand stood at +23.2%. In the other countries, the average annual rates were as follows: Malaysia (-1.5% per year) and Vietnam (+12.1% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2021, picking up by 22% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+6.5%), while the other leaders experienced more modest paces of growth.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports in ASEAN

Imports of tiles, flagstones and similar articles of cement, concrete or artificial stone totaled X tons in 2021, rising by 6.4% on the year before. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 59%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 72%. Over the period under review, imports of hit record highs in 2021 and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of tiles, flagstones and similar articles of cement, concrete or artificial stone, namely Singapore, Cambodia and Malaysia, represented more than two-thirds of total import. Vietnam (X tons) took the next position in the ranking, followed by Lao People's Democratic Republic (X tons). All these countries together took approx. 23% share of total imports. Thailand (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Vietnam (with a CAGR of +49.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) constitutes the largest market for imported tiles, flagstones and similar articles of cement, concrete or artificial stone in ASEAN, comprising 46% of total imports. The second position in the ranking was held by Vietnam ($X), with a 20% share of total imports. It was followed by Singapore, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in Malaysia totaled +45.9%. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+45.4% per year) and Singapore (-1.8% per year).

Import Prices by Country

In 2021, the import price in ASEAN amounted to $X per ton, increasing by 13% against the previous year. Overall, the import price posted pronounced growth. The most prominent rate of growth was recorded in 2019 an increase of 47% against the previous year. Over the period under review, import prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform