Overview of the Global Market for Ready-Mixed Concrete And Factory Made Mortars

Market Size for Ready-Mixed Concrete And Factory Made Mortars

The global market for ready-mixed concrete and factory made mortars stood at $X.9B in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X.4B in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Ready-Mixed Concrete And Factory Made Mortars

In value terms, production of ready-mixed concrete and factory made mortars amounted to $X.1B in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, global production of reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports

In 2022, after three years of growth, there was decline in shipments abroad of ready-mixed concrete and factory made mortars, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the global exports of attained the maximum at X tons in 2021, and then fell modestly in the following year.

In value terms, exports of ready-mixed concrete and factory made mortars declined to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined slightly in the following year.

Exports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), Belgium (X tons), France (X tons), Spain (X tons), the UK (X tons) and Poland (X tons) represented the major exporters of ready-mixed concrete and factory made mortars, together creating X% of total exports. China (X tons), the United States (X tons), Malaysia (X tons), Greece (X tons), Austria (X tons) and Canada (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest ready-mixed concrete and factory made mortar supplying countries worldwide were Germany ($X), Italy ($X) and Spain ($X), together accounting for X% of global exports. The United States, Canada, Poland, Belgium, France, China, Greece, the UK, Austria and Malaysia lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Greece, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for ready-mixed concrete and factory made mortars stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The global export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports

In 2022, overseas purchases of ready-mixed concrete and factory made mortars increased by X% to X tons, rising for the sixth year in a row after three years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of ready-mixed concrete and factory made mortars stood at $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, global imports of hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Switzerland (X tons), distantly followed by Italy (X tons), France (X tons), Luxembourg (X tons), Germany (X tons) and Austria (X tons) represented the major importers of ready-mixed concrete and factory made mortars, together comprising X% of total imports. Algeria (X tons), Belgium (X tons), the Netherlands (X tons), Russia (X tons), Slovakia (X tons), the United States (X tons) and Singapore (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest ready-mixed concrete and factory made mortar importing markets worldwide were Switzerland ($X), the United States ($X) and France ($X), with a combined X% share of global imports. The Netherlands, Belgium, Germany, Austria, Italy, Luxembourg, Russia, Algeria, Slovakia and Singapore lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Algeria, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for ready-mixed concrete and factory made mortars amounted to $X per ton, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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