Eastern Asia: Market for Ready-Mixed Concrete And Factory Made Mortars 2025

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Eastern Asia

The East Asian market for ready-mixed concrete and factory made mortars reduced slightly to $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Ready-Mixed Concrete And Factory Made Mortars in Eastern Asia

In value terms, production of ready-mixed concrete and factory made mortars reduced slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports in Eastern Asia

Exports of ready-mixed concrete and factory made mortars reached X tons in 2022, increasing by X% on 2021 figures. Overall, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of ready-mixed concrete and factory made mortars expanded to $X in 2022. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

China represented the key exporter of ready-mixed concrete and factory made mortars in Eastern Asia, with the volume of exports reaching X tons, which was near X% of total exports in 2022. It was distantly followed by South Korea (X tons), comprising a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to ready-mixed concrete and factory made mortar exports from China stood at X%. At the same time, South Korea (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. While the share of South Korea (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest ready-mixed concrete and factory made mortar supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports.

In China, exports of ready-mixed concrete and factory made mortars expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while South Korea stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports in Eastern Asia

In 2022, supplies from abroad of ready-mixed concrete and factory made mortars decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Total imports indicated a temperate 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. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then fell in the following year.

In value terms, imports of ready-mixed concrete and factory made mortars amounted to $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) were the largest importers of ready-mixed concrete and factory made mortars in Eastern Asia, together generating X% of total imports. It was distantly followed by China (X tons) and Japan (X tons), together comprising a X% share of total imports. The following importers - Macao SAR (X tons) and South Korea (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X) constitutes the largest market for imported ready-mixed concrete and factory made mortars in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Taiwan (Chinese) amounted to X%. In the other countries, the average annual rates were as follows: China (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. Import price indicated a strong expansion 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, import price for ready-mixed concrete and factory made mortars increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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