Malaysia: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2025

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Malaysia

In 2021, after two years of decline, there was growth in the Malaysian market for building blocks and bricks of cement, concrete or artificial stone, when its value increased by 1.7% to $X. In general, consumption, however, continues to indicate a mild reduction. 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 Malaysia

In value terms, production of building blocks and bricks of cement, concrete or artificial stone reached $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2018 with an increase of 27% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

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

Exports from Malaysia

In 2021, the amount of building blocks and bricks of cement, concrete or artificial stone exported from Malaysia skyrocketed to X tons, with an increase of 38% compared with 2020. In general, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 180% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone surged to $X in 2021. Over the period under review, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 when exports increased by 558%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Malaysia, with a 80% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to Singapore exceeded the volume sent to the second major destination, the Philippines (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Singapore stood at -15.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+297.0% per year) and Brunei Darussalam (+9.9% per year).

In value terms, Singapore ($X) remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Malaysia, comprising 62% of total exports. The second position in the ranking was held by the Philippines ($X), with a 30% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Singapore totaled -17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+692.8% per year) and Brunei Darussalam (+17.8% per year).

Export Prices by Country

In 2021, the average export price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, increasing by 11% against the previous year. In general, the export price posted a slight increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 135%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Philippines ($X per ton), while the average price for exports to Singapore ($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 Australia (+225.0%), 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 Malaysia

In 2021, overseas purchases of building blocks and bricks of cement, concrete or artificial stone were finally on the rise to reach X tons after five years of decline. In general, imports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2014 with an increase of 84%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 127% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, Thailand (X tons) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Malaysia, with a 80% share of total imports. Moreover, imports of building blocks and bricks of cement, concrete or artificial stone from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold. The third position in this ranking was held by Singapore (X tons), with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand amounted to -7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.7% per year) and Singapore (-16.0% per year).

In value terms, the largest building blocks and bricks of cement, concrete or artificial stone suppliers to Malaysia were Thailand ($X), China ($X) and Singapore ($X), with a combined 89% share of total imports. Vietnam lagged somewhat behind, accounting for a further 7.8%.

In terms of the main suppliers, Vietnam, with a CAGR of +3.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

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 -21.9% against the previous year. In general, the import price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 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 Vietnam ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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