Ethiopia: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

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

The Ethiopian market for tiles, flagstones and similar articles of cement, concrete or artificial stone dropped to $X in 2023, with a decrease of X% against the previous year. In general, consumption, however, showed a buoyant increase. As a result, consumption attained the peak level of $X. From 2017 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Ethiopia

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone contracted slightly to $X in 2023 estimated in export price. Overall, production, however, saw a resilient expansion. The growth pace was the most rapid in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2023, production of growth remained at a lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from Ethiopia

In 2022, overseas shipments of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by X% to X tons, falling for the second year in a row after four years of growth. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone shrank markedly to $X in 2022. In general, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Somalia (X tons) was the main destination for exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Ethiopia, with a approx. X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Somalia was relatively modest.

In value terms, Somalia ($X) emerged as the key foreign market for tiles, flagstones and similar articles of cement, concrete or artificial stone exports from Ethiopia.

From 2013 to 2022, the average annual growth rate of value to Somalia was relatively modest.

Export Prices by Country

In 2022, the average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, waning by X% against the previous year. In general, the export price showed a sharp decline. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Somalia.

From 2013 to 2022, the rate of growth in terms of prices for Djibouti amounted to X% per year.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into Ethiopia

In 2023, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone into Ethiopia declined sharply to X tons, with a decrease of X% compared with 2022. In general, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of X tons. From 2018 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone reduced sharply to $X in 2023. Overall, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and China (X tons) were the main suppliers of imports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Ethiopia, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Taiwan (Chinese) ($X) and China ($X) were the largest tiles, flagstones and similar articles of cement, concrete or artificial stone suppliers to Ethiopia, with a combined X% share of total imports.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021; however, from 2022 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform