Indonesia: 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 Indonesia

In 2021, the Indonesian market for building blocks and bricks of cement, concrete or artificial stone decreased by -2% to $X for the first time since 2015, thus ending a five-year rising trend. Over the period under review, consumption, however, showed a slight curtailment. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, production of building blocks and bricks of cement, concrete or artificial stone contracted modestly to $X in 2021 estimated in export price. In general, production, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 16% against the previous year. Over the period under review, production of hit record highs 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 Indonesia

In 2021, overseas shipments of building blocks and bricks of cement, concrete or artificial stone decreased by -19.5% to X tons, falling for the fifth year in a row after three years of growth. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2016 with an increase of 142% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone expanded rapidly to $X in 2021. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 118%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The Philippines (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Indonesia, accounting for a 68% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to the Philippines exceeded the volume sent to the second major destination, Australia (X tons), sevenfold. The third position in this ranking was taken by Cambodia (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the Philippines totaled +345.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+45.8% per year) and Cambodia (0.0% per year).

In value terms, the Philippines ($X) remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Indonesia, comprising 61% of total exports. The second position in the ranking was held by Cambodia ($X), with an 18% share of total exports. It was followed by Australia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Philippines amounted to +416.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (0.0% per year) and Australia (+38.6% per year).

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, with an increase of 35% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Cambodia ($X per ton), while the average price for exports to Singapore ($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 the Philippines (+15.8%), 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 Indonesia

In 2021, purchases abroad of building blocks and bricks of cement, concrete or artificial stone was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a significant decline. The growth pace was the most rapid in 2018 with an increase of 1,573% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 3,680%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X tons), China (X tons) and Italy (X tons) were the main suppliers of imports of building blocks and bricks of cement, concrete or artificial stone to Indonesia, with a combined 76% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +87.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest building blocks and bricks of cement, concrete or artificial stone suppliers to Indonesia were Malaysia ($X), China ($X) and Canada ($X), together accounting for 69% of total imports. These countries were followed by Italy, Singapore, Thailand and Sri Lanka, which together accounted for a further 22%.

Italy, with a CAGR of +29.9%, 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 more modest paces of growth.

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, jumping by 32% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2018 an increase of 126% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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