Ireland: 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 Ireland

The Irish market for building blocks and bricks of cement, concrete or artificial stone soared to $X in 2021, increasing by 20% against the previous year. Over the period under review, consumption continues to indicate a resilient increase. Consumption of peaked in 2021 and is likely to see steady growth in years to come.

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

In value terms, production of building blocks and bricks of cement, concrete or artificial stone surged to $X in 2021 estimated in export price. In general, production saw a buoyant expansion. The pace of growth was the most pronounced in 2013 when the production volume increased by 33%. Production of peaked in 2021 and is likely to see gradual growth in years to come.

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

Exports from Ireland

In 2021, shipments abroad of building blocks and bricks of cement, concrete or artificial stone was finally on the rise to reach X tons after two years of decline. Overall, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone soared to $X in 2021. In general, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Ireland, with a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled +11.0%.

In value terms, the UK ($X) also remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Ireland.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +15.4%.

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, picking up by 56% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for building blocks and bricks of cement, concrete or artificial stone decreased by -5.5% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 62%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +3.9% per year.

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

Imports into Ireland

In 2021, supplies from abroad of building blocks and bricks of cement, concrete or artificial stone decreased by -17.6% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, showed a resilient increase. The growth pace was the most rapid in 2014 when imports increased by 90% against the previous year. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone reduced notably to $X in 2021. Over the period under review, imports, however, posted prominent growth. The growth pace was the most rapid in 2014 with an increase of 107%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons), the UK (X tons) and Portugal (X tons) were the main suppliers of imports of building blocks and bricks of cement, concrete or artificial stone to Ireland, together accounting for 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +188.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the UK ($X) and Portugal ($X) constituted the largest building blocks and bricks of cement, concrete or artificial stone suppliers to Ireland, with a combined 89% share of total imports.

Portugal, with a CAGR of +112.9%, recorded 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, which is down by -7.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2019 an increase of 27%. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Portugal ($X per ton), while the price for Belgium ($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 UK (+5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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