Hong Kong SAR, China - Tiles, Flagstones, Bricks and Similar Articles, of Cement, Concrete or Artificial Stone - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong SAR, China: Concrete Tile Market 2024
Concrete Tile Market Size in Hong Kong SAR, China
The Hong Kong concrete tile market dropped to $X in 2022, declining by -5.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a perceptible decline. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.
Concrete Tile Exports
Exports from Hong Kong SAR, China
In 2022, shipments abroad of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone decreased by -60.5% to X tons, falling for the third year in a row after two years of growth. Overall, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2013 with an increase of 65% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.
In value terms, concrete tile exports contracted markedly to $X in 2022. In general, exports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2014 with an increase of 67% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Exports by Country
China (X tons) was the main destination for concrete tile exports from Hong Kong SAR, accounting for a 87% share of total exports. Moreover, concrete tile exports to China exceeded the volume sent to the second major destination, Macao SAR (X tons), tenfold.
From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at -5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (-0.4% per year) and the United Arab Emirates (+77.4% per year).
In value terms, China ($X) remains the key foreign market for tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone exports from Hong Kong SAR, comprising 87% of total exports. The second position in the ranking was held by Macao SAR ($X), with a 4.4% share of total exports.
From 2012 to 2022, the average annual growth rate of value to China totaled -5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (-4.4% per year) and the United Arab Emirates (+64.8% per year).
Export Prices by Country
In 2022, the average concrete tile export price amounted to $X per ton, increasing by 2.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 59% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Macao SAR ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.2%), while the prices for the other major destinations experienced a decline.
Concrete Tile Imports
Imports into Hong Kong SAR, China
In 2022, imports of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone into Hong Kong SAR reduced to X tons, which is down by -8.4% compared with the year before. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 13% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
In value terms, concrete tile imports reduced to $X in 2022. In general, imports recorded a mild setback. The most prominent rate of growth was recorded in 2017 with an increase of 51% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.
Imports by Country
In 2022, China (X tons) was the main supplier of concrete tile to Hong Kong SAR, accounting for a approx. 98% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -7.2%.
In value terms, China ($X) constituted the largest supplier of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone to Hong Kong SAR.
From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -2.7%.
Import Prices by Country
The average concrete tile import price stood at $X per ton in 2022, growing by 3% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete tile import price increased by +10.8% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 34% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.9% per year.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the concrete tile market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23611130 - Building blocks and bricks of cement, concrete or artificial stone
- Prodcom 23611150 - Tiles, flagstones and similar articles of cement, concrete or artificial stone (excluding building blocks and bricks)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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