Cement Pipe Market in China
In value terms, cement pipe production expanded significantly to $ in estimated in export price. Over the period under review, production recorded buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of % against the previous year. As a result, production reached the peak level of $. From to , production growth remained at a somewhat lower figure.
The size of the cement pipe market in China rose markedly 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). Over the period under review, consumption recorded a resilient increase. As a result, consumption reached the peak level of $. From to , the growth of the market remained at a somewhat lower figure.