Eastern Asia: Market for Non-Refractory Ceramic Building Bricks 2024

Market Size for Non-Refractory Ceramic Building Bricks in Eastern Asia

The East Asian non-refractory ceramic building bricks market reduced modestly to $X in 2023, standing approx. at the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Non-Refractory Ceramic Building Bricks in Eastern Asia

In value terms, non-refractory ceramic building bricks production fell slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.

Exports of Non-Refractory Ceramic Building Bricks

Exports in Eastern Asia

After four years of growth, overseas shipments of non-refractory ceramic building bricks decreased by X% to X units in 2023. Over the period under review, exports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2023, the growth of the exports failed to regain momentum.

In value terms, non-refractory ceramic building bricks exports declined to $X in 2023. In general, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of non-refractory ceramic building bricks, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the non-refractory ceramic building bricks exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest non-refractory ceramic building bricks supplier in Eastern Asia.

In China, non-refractory ceramic building bricks exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Eastern Asia amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price enjoyed a strong expansion. The pace of growth was the most pronounced in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit; afterwards, it flattened through to 2023.

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

From 2012 to 2023, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Non-Refractory Ceramic Building Bricks

Imports in Eastern Asia

In 2023, overseas purchases of non-refractory ceramic building bricks were finally on the rise to reach X units for the first time since 2017, thus ending a five-year declining trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, non-refractory ceramic building bricks imports expanded sharply to $X in 2023. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2023, imports remained at a lower figure.

Imports by Country

South Korea prevails in imports structure, finishing at X units, which was approx. X% of total imports in 2023. Macao SAR (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%), Hong Kong SAR (X%) and China (X%).

South Korea was also the fastest-growing in terms of the non-refractory ceramic building bricks imports, with a CAGR of X% from 2012 to 2023. Macao SAR (X%), China (X%), Japan (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of South Korea increased by X percentage points.

In value terms, South Korea ($X) constitutes the largest market for imported non-refractory ceramic building bricks in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in South Korea totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Asia amounted to $X per unit, reducing by X% against the previous year. Import price indicated a modest expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, non-refractory ceramic building bricks import price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2022 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was China ($X per unit), while Macao SAR ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform