Iran: 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 Iran

In 2021, the Iranian market for building blocks and bricks of cement, concrete or artificial stone was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

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

In value terms, production of building blocks and bricks of cement, concrete or artificial stone amounted to $X in 2021 estimated in export price. In general, production, however, recorded a mild decline. The pace of growth appeared the most rapid in 2015 when the production volume increased by 22%. As a result, production reached the peak level of $X. From 2016 to 2021, production of growth remained at a somewhat lower figure.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Iran

In 2021, shipments abroad of building blocks and bricks of cement, concrete or artificial stone decreased by -88.1% to X tons, falling for the second consecutive year after two years of growth. In general, exports showed a noticeable curtailment. The pace of growth was the most pronounced in 2015 with an increase of 6,560% against the previous year. As a result, the exports reached the peak of X tons. From 2016 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 dropped markedly to $X in 2021. Overall, exports showed a abrupt decrease. The growth pace was the most rapid in 2015 when exports increased by 7,916%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Armenia (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Iran, accounting for a 82% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to Armenia exceeded the volume sent to the second major destination, Georgia (X tons), more than tenfold. The Philippines (X tons) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume to Armenia amounted to +203.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (-8.6% per year) and the Philippines (+0.1% per year).

In value terms, Armenia ($X) emerged as the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Iran, comprising 62% of total exports. The second position in the ranking was taken by the Philippines ($X), with a 7.7% share of total exports. It was followed by Canada, with a 6% share.

From 2012 to 2021, the average annual growth rate of value to Armenia totaled +140.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-4.1% per year) and Canada (+2.1% 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, surging by 129% against the previous year. Over the period under review, the export price, however, continues to indicate a drastic downturn. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Armenia ($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 Canada (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Iran

For the fifth consecutive year, Iran recorded decline in overseas purchases of building blocks and bricks of cement, concrete or artificial stone, which decreased by -68.9% to X tons in 2021. In general, imports saw a sharp slump. The growth pace was the most rapid in 2016 when imports increased by 597% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone fell dramatically to $X in 2021. Overall, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 101%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Turkey (X tons) and Oman (X tons) were the main suppliers of imports of building blocks and bricks of cement, concrete or artificial stone to Iran.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Oman (with a CAGR of +28.1%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Iran, comprising 67% of total imports. The second position in the ranking was held by Turkey ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled -29.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-32.4% per year) and Oman (+22.2% per year).

Import Prices by Country

In 2021, the average import price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, dropping by -3.3% against the previous year. Overall, the import price, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 213% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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