United Arab Emirates: 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 the United Arab Emirates

The market for building blocks and bricks of cement, concrete or artificial stone in the United Arab Emirates reduced to $X in 2021, declining by -2% against the previous year. Overall, consumption, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when the market value increased by 5.1% against the previous year. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in the United Arab Emirates

In value terms, production of building blocks and bricks of cement, concrete or artificial stone dropped modestly to $X in 2021 estimated in export price. In general, production saw a pronounced curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 9%. Production of peaked 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 the United Arab Emirates

After two years of growth, shipments abroad of building blocks and bricks of cement, concrete or artificial stone decreased by -8.3% to X tons in 2021. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 637% 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 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. Over the period under review, exports, however, posted noticeable growth. The pace of growth appeared the most rapid in 2013 when exports increased by 388% against the previous year. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from the United Arab Emirates, with a 64% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to Oman exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X tons), tenfold. Bahrain (X tons) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman stood at +35.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+102.3% per year) and Bahrain (+28.3% per year).

In value terms, Oman ($X) remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from the United Arab Emirates, comprising 37% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with an 11% share of total exports. It was followed by Cameroon, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+74.7% per year) and Cameroon (+36.1% 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, with a decrease of -13.8% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of 44% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Iran ($X per ton), while the average price for exports to Bahrain ($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 Qatar (+15.3%), 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 the United Arab Emirates

After two years of decline, overseas purchases of building blocks and bricks of cement, concrete or artificial stone increased by 111% to X tons in 2021. Overall, imports posted strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 212%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports of 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. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 236%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons), India (X tons) and China (X tons) were the main suppliers of imports of building blocks and bricks of cement, concrete or artificial stone to the United Arab Emirates, together accounting for 64% of total imports. Greece, Oman, Vietnam, Syrian Arab Republic, Turkey, Thailand and Kuwait lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +48.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to the United Arab Emirates, comprising 24% of total imports. The second position in the ranking was held by India ($X), with a 12% share of total imports. It was followed by Thailand, with a 9% share.

From 2012 to 2021, the average annual growth rate of value from Saudi Arabia totaled +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+32.1% per year) and Thailand (+48.0% 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, which is down by -14.7% against the previous year. Overall, the import price showed a abrupt setback. The growth pace was the most rapid in 2015 when the average import price increased by 81%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for Syrian Arab Republic ($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 (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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