Market for Refractory Bricks, Blocks and Tiles in Italy
Market Overview
In 
, after four years of growth, there was significant decline in the Italian market for refractory bricks, blocks and tiles, when its value decreased by -% to $. Overall, consumption, however, posted a prominent increase. As a result, consumption attained the peak level of $, and then reduced notably in the following year.
In value terms, refractory bricks, blocks and tiles production stood at $ in estimated in export price. In general, production showed a abrupt setback. The most prominent rate of growth was recorded in 2008 when the production volume increased by %. As a result, production attained the peak level of $. From 2009 to , production growth remained at a somewhat lower figure.
, after four years of growth, there was significant decline in the Italian market for refractory bricks, blocks and tiles, when its value decreased by -% to $. Overall, consumption, however, posted a prominent increase. As a result, consumption attained the peak level of $, and then reduced notably in the following year.In value terms, refractory bricks, blocks and tiles production stood at $
in estimated in export price. In general, production showed a abrupt setback. The most prominent rate of growth was recorded in 2008 when the production volume increased by %. As a result, production attained the peak level of $. From 2009 to , production growth remained at a somewhat lower figure.Consumption
In , after four years of growth, there was significant decline in consumption of refractory bricks, blocks and tiles, when its volume decreased by -% to tons. In general, consumption, however, enjoyed a buoyant expansion. As a result, consumption reached the peak volume of tons, and then fell rapidly in the following year.
The value of the market for refractory bricks, blocks and tiles in Italy contracted dramatically to $ in , with a decrease 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, however, enjoyed prominent growth. As a result, consumption attained the peak level of $, and then contracted significantly in the following year.
, after four years of growth, there was significant decline in consumption of refractory bricks, blocks and tiles, when its volume decreased by -% to tons. In general, consumption, however, enjoyed a buoyant expansion. As a result, consumption reached the peak volume of tons, and then fell rapidly in the following year.The value of the market for refractory bricks, blocks and tiles in Italy contracted dramatically to $
in , with a decrease 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, however, enjoyed prominent growth. As a result, consumption attained the peak level of $, and then contracted significantly in the following year.Market Forecast
Driven by increasing demand for refractory bricks, blocks and tiles in Italy, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, 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
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . Italy domestic supply is expected to continue its growth.
% in 2007 to % in . Italy domestic supply is expected to continue its growth.Trade Balance
Italy remains a net importer of refractory bricks, blocks and tiles; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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