GCC: Market for Non-Refractory Ceramic Building Bricks 2024

Market Size for Non-Refractory Ceramic Building Bricks in GCC

The GCC non-refractory ceramic building bricks market expanded modestly to $X in 2022, picking up by 2.7% against the previous year. The total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.7% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Non-Refractory Ceramic Building Bricks in GCC

In value terms, non-refractory ceramic building bricks production amounted to $X in 2022 estimated in export price. The total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.7% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 59%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Non-Refractory Ceramic Building Bricks

Exports in GCC

In 2022, shipments abroad of non-refractory ceramic building bricks decreased by -49.4% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 when exports increased by 79%. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, non-refractory ceramic building bricks exports declined dramatically to $X in 2022. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 96%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, amounting to X units, which was approx. 94% of total exports in 2022. The following exporters - Oman (X units) and Kuwait (X units) - each resulted at a 6% share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of +14.6% from 2012 to 2022. At the same time, Oman (+58.0%) and Kuwait (+2.0%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of +58.0% from 2012-2022. While the share of the United Arab Emirates (+88 p.p.), Oman (+3.1 p.p.) and Kuwait (+2.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest non-refractory ceramic building bricks supplier in GCC, comprising 93% of total exports. The second position in the ranking was taken by Oman ($X), with a 4.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to +11.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (+71.6% per year) and Kuwait (+0.0% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, with an increase of 33% against the previous year. Export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 export price decreased by -12.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by 72%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+8.6%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Refractory Ceramic Building Bricks

Imports in GCC

In 2022, after two years of growth, there was significant decline in supplies from abroad of non-refractory ceramic building bricks, when their volume decreased by -10% to X units. Over the period under review, imports, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 1,147%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, non-refractory ceramic building bricks imports skyrocketed to $X in 2022. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2014 when imports increased by 466%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Oman represented the major importer of non-refractory ceramic building bricks in GCC, with the volume of imports amounting to X units, which was approx. 79% of total imports in 2022. The United Arab Emirates (X units) ranks second in terms of the total imports with a 12% share, followed by Kuwait (6.8%).

Oman was also the fastest-growing in terms of the non-refractory ceramic building bricks imports, with a CAGR of +18.5% from 2012 to 2022. At the same time, Kuwait (+8.7%) displayed positive paces of growth. By contrast, the United Arab Emirates (-6.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Oman and Kuwait increased by +61 and +3.1 percentage points, respectively.

In value terms, Oman ($X) constitutes the largest market for imported non-refractory ceramic building bricks in GCC, comprising 29% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 12% share of total imports.

In Oman, non-refractory ceramic building bricks imports increased at an average annual rate of +6.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (-6.7% per year) and Kuwait (+9.3% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, with an increase of 89% against the previous year. In general, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of 210% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United Arab Emirates ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform