Overview of the Global Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

In 2021, after three years of growth, there was decline in the global cement prefabricated structural components market, when its value decreased by -3.8% to $X. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then contracted modestly in the following year.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

In value terms, cement prefabricated structural components production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 9% against the previous year. Global production peaked at $X in 2020, and then reduced in the following year.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports

In 2021, overseas shipments of prefabricated structural components of cement, concrete or artificial stone were finally on the rise to reach X tons after three years of decline. In general, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 37%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the global exports failed to regain momentum.

In value terms, cement prefabricated structural components exports soared to $X in 2021. Over the period under review, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +12.7% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 19%. Over the period under review, the global exports reached the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

China (X tons) and Malaysia (X tons) represented roughly 40% of total exports in 2021. Germany (X tons) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (8.6%) and the Czech Republic (4.6%). The Netherlands (X tons), Poland (X tons), Latvia (X tons), Ireland (X tons), Hungary (X tons), Spain (X tons), Slovakia (X tons) and Bosnia and Herzegovina (X tons) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +26.4%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2021, with a combined 40% share of global exports. These countries were followed by Belgium, Poland, the Czech Republic, the Netherlands, Ireland, Latvia, Spain, Slovakia, Bosnia and Herzegovina and Hungary, which together accounted for a further 37%.

Latvia, with a CAGR of +22.7%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average cement prefabricated structural components export price stood at $X per ton in 2021, growing by 3.7% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 25%. The global export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.6%), while the other global leaders experienced more modest paces of growth.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports

For the third consecutive year, the global market recorded growth in supplies from abroad of prefabricated structural components of cement, concrete or artificial stone, which increased by 15% to X tons in 2021. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +107.1% against 2013 indices. The growth pace was the most rapid in 2014 when imports increased by 31%. Over the period under review, global imports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, cement prefabricated structural components imports soared to $X in 2021. In general, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 26%. Global imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Singapore (X tons), distantly followed by Germany (X tons), Indonesia (X tons), the Netherlands (X tons), Sweden (X tons), Hong Kong SAR (X tons) and Austria (X tons) represented the largest importers of prefabricated structural components of cement, concrete or artificial stone, together committing 69% of total imports. The following importers - France (X tons), Switzerland (X tons), the United States (X tons), the UK (X tons), Denmark (X tons) and Norway (X tons) - together made up 15% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Indonesia (with a CAGR of +32.5%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest cement prefabricated structural components importing markets worldwide were Singapore ($X), the Netherlands ($X) and Germany ($X), together accounting for 31% of global imports. Sweden, Hong Kong SAR, Austria, Switzerland, France, Indonesia, the UK, Denmark, Norway and the United States lagged somewhat behind, together comprising a further 47%.

Indonesia, with a CAGR of +27.9%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average cement prefabricated structural components import price stood at $X per ton in 2021, with an increase of 3.6% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 10% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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