Australia: 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 Australia

The Australian market for building blocks and bricks of cement, concrete or artificial stone expanded notably to $X in 2021, growing by 7.7% against the previous year. Overall, consumption, however, continues to indicate a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

In value terms, production of building blocks and bricks of cement, concrete or artificial stone rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep setback. The most prominent rate of growth was recorded in 2019 when the production volume increased by 41%. Production of peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

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

Exports from Australia

In 2021, shipments abroad of building blocks and bricks of cement, concrete or artificial stone decreased by -22.6% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, exports, however, saw a strong expansion. The pace of growth was the most pronounced in 2018 when exports increased by 85% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2020, and then declined remarkably in the following year.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone reduced to $X in 2021. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 52%. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

New Zealand (X tons), New Caledonia (X tons) and Taiwan (Chinese) (X tons) were the main destinations of exports of building blocks and bricks of cement, concrete or artificial stone from Australia, with a combined 93% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +92.1%), while the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), New Caledonia ($X) and Taiwan (Chinese) ($X) appeared to be the largest markets for building blocks and bricks of cement, concrete or artificial stone exported from Australia worldwide, together comprising 93% of total exports.

Taiwan (Chinese), with a CAGR of +83.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, increasing by 10% against the previous year. Over the period under review, the export price, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 44%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, the countries with the highest prices were Japan ($X per ton) and New Zealand ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and New Caledonia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-4.5%), 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 Australia

In 2021, overseas purchases of building blocks and bricks of cement, concrete or artificial stone decreased by -5.9% to X tons, falling for the fourth consecutive year after six years of growth. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2014 when imports increased by 255%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone shrank markedly to $X in 2021. Overall, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2017 when imports increased by 257% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Thailand (X tons) constituted the largest building blocks and bricks of cement, concrete or artificial stone supplier to Australia, with a 66% share of total imports. Moreover, imports of building blocks and bricks of cement, concrete or artificial stone from Thailand exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fourfold. The United States (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Thailand totaled +26.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+34.0% per year) and the United States (+6.9% per year).

In value terms, Thailand ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Australia, comprising 62% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 17% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Thailand totaled +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+24.9% per year) and the United States (-8.2% per year).

Import Prices by Country

The average import price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, which is down by -11.8% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of 28% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Vietnam ($X per ton) and the United States ($X per ton), while the price for Thailand ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+7.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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