Hong Kong SAR, China: 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 Hong Kong SAR, China

The Hong Kong market for tiles, flagstones and similar articles of cement, concrete or artificial stone was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

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

Exports from Hong Kong SAR, China

In 2021, approx. X tons of tiles, flagstones and similar articles of cement, concrete or artificial stone were exported from Hong Kong SAR; remaining constant against the previous year's figure. Over the period under review, total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -24.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 69% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone expanded markedly to $X in 2021. In general, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -19.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 65%. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tons), China (X tons) and Macao SAR (X tons) were the main destinations of exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Hong Kong SAR, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +145.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, China ($X) remains the key foreign market for tiles, flagstones and similar articles of cement, concrete or artificial stone exports from Hong Kong SAR, comprising 65% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 27% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +1.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+109.9% per year) and Macao SAR (+5.0% per year).

Export Prices by Country

In 2021, the average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, growing by 5.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 60%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.0%), while the prices for the other major destinations experienced a decline.

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

Imports into Hong Kong SAR, China

In 2021, purchases abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, continue to indicate a perceptible downturn. The growth pace was the most rapid in 2014 when imports increased by 47% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone rose significantly to $X in 2021. Overall, imports enjoyed temperate growth. The most prominent rate of growth was recorded in 2014 when imports increased by 52%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Italy (X tons) and the Philippines (X tons) were the main suppliers of imports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Hong Kong SAR, together comprising 94% of total imports. The Czech Republic lagged somewhat behind, accounting for a further 3%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +37.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tiles, flagstones and similar articles of cement, concrete or artificial stone suppliers to Hong Kong SAR were Italy ($X), China ($X) and the Czech Republic ($X), with a combined 91% share of total imports.

The Czech Republic, with a CAGR of +40.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, increasing by 3.6% against the previous year. In general, the import price saw a prominent increase. The growth pace was the most rapid in 2017 an increase of 40%. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :