Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Bangladesh
Market Overview
The Bangladeshi market for building blocks and bricks of cement, concrete or artificial stone dropped to $
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a deep downturn. Consumption of peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
In value terms, production of building blocks and bricks of cement, concrete or artificial stone fell to $ in estimated in export price. Overall, production showed a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of % against the previous year. Over the period under review, production of reached the maximum level at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a deep downturn. Consumption of peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.In value terms, production of building blocks and bricks of cement, concrete or artificial stone fell to $
in estimated in export price. Overall, production showed a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of % against the previous year. Over the period under review, production of reached the maximum level at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.Consumption
In , approx. tons of building blocks and bricks of cement, concrete or artificial stone were consumed in Bangladesh; waning by -% against the previous year. Overall, consumption saw a noticeable decrease. Consumption of peaked at tons in 2008; however, from 2009 to , consumption remained at a lower figure.
The value of the market for building blocks and bricks of cement, concrete or artificial stone in Bangladesh dropped to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt decrease. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
, approx. tons of building blocks and bricks of cement, concrete or artificial stone were consumed in Bangladesh; waning by -% against the previous year. Overall, consumption saw a noticeable decrease. Consumption of peaked at tons in 2008; however, from 2009 to , consumption remained at a lower figure.The value of the market for building blocks and bricks of cement, concrete or artificial stone in Bangladesh dropped to $
in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt decrease. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for building blocks and bricks of cement, concrete or artificial stone in Bangladesh, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of building blocks and bricks of cement, concrete or artificial stone in Bangladesh were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for building blocks and bricks of cement, concrete or artificial stone.
Trade Balance
Bangladesh remains a net importer of building blocks and bricks of cement, concrete or artificial stone; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.
. In , there was a significant trade deficit of tons, which was equal to $.
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