Updated Mar 4, 2023 12:34

Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Germany

Market Overview
In , after six years of growth, there was decline in the German market for tiles, flagstones and similar articles of cement, concrete or artificial stone, when its value decreased by -% to $. The market value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $ in , and then reduced modestly in the following year.

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone contracted modestly to $ in estimated in export price. The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 when the production volume increased by % against the previous year. Over the period under review, production of hit record highs at $ in , and then contracted slightly in the following year.


Consumption
In , consumption of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by -% to square meters for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, consumption of hit record highs at square meters in , and then dropped modestly in the following year.

The size of the market for tiles, flagstones and similar articles of cement, concrete or artificial stone in Germany fell modestly to $ in , reducing 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). The market value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked at $ in , and then reduced slightly in the following year.


Market Forecast
Driven by increasing demand for tiles, flagstones and similar articles of cement, concrete or artificial stone in Germany, the market is expected to continue an upward consumption trend over the next eight-year period. 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 square meters 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 tiles, flagstones and similar articles of cement, concrete or artificial stone in Germany 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 tiles, flagstones and similar articles of cement, concrete or artificial stone.


Trade Balance
Germany remains a net exporter of tiles, flagstones and similar articles of cement, concrete or artificial stone; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of square meters, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.