Updated Jan 3, 2023 05:01

Market for Roofing Tiles, Chimney-Pots, Cowls, Chimney Liners in India

Market Overview
The Indian market for roofing tiles, chimney-pots, cowls, chimney liners totaled $ in , approximately equating 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 relatively flat trend pattern. As a result, consumption reached the peak level of $. From 2011 to , the growth of the market remained at a somewhat lower figure.

In value terms, production of roofing tiles, chimney-pots, cowls, chimney liners shrank slightly to $ in estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of % against the previous year. As a result, production reached the peak level of $. From 2011 to , production of growth remained at a somewhat lower figure.


Consumption
In , consumption of roofing tiles, chimney-pots, cowls, chimney liners increased by % to units, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the consumption volume increased by %. Over the period under review, consumption of attained the maximum volume at units in 2007; however, from 2008 to , consumption failed to regain momentum.

The value of the market for roofing tiles, chimney-pots, cowls, chimney liners in India reached $ in , flattening at 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, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $. From 2011 to , the growth of the market failed to regain momentum.


Market Forecast
Depressed by shrinking demand for roofing tiles, chimney-pots, cowls, chimney liners in India, 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 units 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 .


Market Structure
Over the period under review, imports of roofing tiles, chimney-pots, cowls, chimney liners in India 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 roofing tiles, chimney-pots, cowls, chimney liners. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
India remains a net importer of roofing tiles, chimney-pots, cowls, chimney liners; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $.