Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Japan
Market Overview
The Japanese market for tiles, flagstones and similar articles of cement, concrete or artificial stone soared to $
in
, picking up 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). Over the period under review, consumption, however, continues to indicate a mild setback. Over the period under review, the market reached the peak level at $
in 2011; however, from 2012 to
, consumption remained at a lower figure.





Consumption
In
, consumption of tiles, flagstones and similar articles of cement, concrete or artificial stone in Japan skyrocketed to
square meters, rising by
% on the year before. Over the period under review, consumption, however, continues to indicate a mild reduction. Consumption of peaked at
square meters in 2012; however, from 2013 to
, consumption remained at a lower figure.
The revenue of the market for tiles, flagstones and similar articles of cement, concrete or artificial stone in Japan skyrocketed to $
in
, with an increase of
% 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, however, recorded a slight curtailment. Over the period under review, the market hit record highs at $
in 2011; however, from 2012 to
, consumption stood at a somewhat lower figure.





The revenue of the market for tiles, flagstones and similar articles of cement, concrete or artificial stone in Japan skyrocketed to $





Market Forecast
Depressed by shrinking demand for tiles, flagstones and similar articles of cement, concrete or artificial stone in Japan, 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
square meters 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
.





In value terms, the market is forecast to contract with an anticipated CAGR of -





Market Structure
Tiles, flagstones and similar articles of cement, concrete or artificial stone market in Japan consists almost entirely of imported products.
Trade Balance
Japan remains a net importer of tiles, flagstones and similar articles 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
square meters, which was equal to $
. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.




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