Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in the United Kingdom
Market Overview
The UK market for building blocks and bricks of cement, concrete or artificial stone fell to $
in , therefore, remained relatively stable 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, however, continues to indicate a slight reduction. Over the period under review, the market reached the peak level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
In value terms, production of building blocks and bricks of cement, concrete or artificial stone dropped to $ in estimated in export price. Overall, production, however, showed a perceptible decrease. The pace of growth appeared the most rapid in 2014 with an increase of %. Over the period under review, production of hit record highs at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
in , therefore, remained relatively stable 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, however, continues to indicate a slight reduction. Over the period under review, the market reached the peak level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.In value terms, production of building blocks and bricks of cement, concrete or artificial stone dropped to $
in estimated in export price. Overall, production, however, showed a perceptible decrease. The pace of growth appeared the most rapid in 2014 with an increase of %. Over the period under review, production of hit record highs at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.Consumption
In , the amount of building blocks and bricks of cement, concrete or artificial stone consumed in the UK totaled tons, remaining stable against the year before. The total consumption volume increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, consumption of attained the peak volume at tons in 2017; however, from 2018 to , consumption remained at a lower figure.
The size of the market for building blocks and bricks of cement, concrete or artificial stone in the UK fell slightly to $ in , approximately mirroring 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, however, continues to indicate a slight descent. Consumption of peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.
, the amount of building blocks and bricks of cement, concrete or artificial stone consumed in the UK totaled tons, remaining stable against the year before. The total consumption volume increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, consumption of attained the peak volume at tons in 2017; however, from 2018 to , consumption remained at a lower figure.The size of the market for building blocks and bricks of cement, concrete or artificial stone in the UK fell slightly to $
in , approximately mirroring 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, however, continues to indicate a slight descent. Consumption of peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.Market Forecast
Driven by increasing demand for building blocks and bricks of cement, concrete or artificial stone in the UK, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase 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 bring the market volume to tons by the end of .In value terms, the market is forecast to increase 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 the UK 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
The UK 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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