Showing posts with label Vietnam Building Materials Market Analysis. Show all posts
Showing posts with label Vietnam Building Materials Market Analysis. Show all posts

Monday, July 20, 2020

Growing Trends In Vietnam Building Materials Market Outlook: Ken Research


According to the report analysis, ‘Vietnam Building Materials Comprehensive Report Q1/2020’ states that in the Vietnam Building market there are several companies which presently operating more effectively for leading the fastest market growth and registering the handsome value of market share around the region during the forecast duration while delivering the better consumer satisfaction, decreasing the linked cost, spreading the awareness related to the building materials, implementing the profitable strategies, studying and analyzing the competitor’s strategies, employing the young workforce and developing the applications and specifications of the production technologies includes MIKADO TECHNOLOGY AND TRADING JOINT-STOCK COMPANY, Prime VinhPhuc Joint Stock Company, Prime Tien Phong Joint Stock Company, Hoan My Co., Ltd, Prime Dai Viet Joint Stock Company, VITTO VinhPhuc Co., Ltd, Gom Su Taicera Industry Joint Stock Company, V.T.C INTERNATION CERAMICS JOINT STOCK COMPANY, PRIME DAI LOC JOINT STOCK COMPANY, Viglacera Ha Long joint stock company and several others.

During the present era, Vietnam's brick, tile and flooring stone industry registers for a moderately low section in the structure of construction materials industry and is moderately regional in nature. During Q1 / 2019, the clay and kaolin exploitation capacity augmented by 51% compared to the same duration of 2018; the condition of illegal clay exploitation took place very convoluted in several localities throughout the region such as Kon Tum, Ha Tinh, TraVinh.

The natural stone exploitation capacity in Q1/2019 is predicted to deduct by 35.1% compared to the same duration of 2018 owing to the situation that quarries with great exploitation output are perished and the Government is recently tightening fresh stone mining licenses from now until 2020.

Throughout Q1 / 2019, the baked clay bricks establishment registered for 70% of the entire brick capacity nationwide in 2018, deducted by 2% compared to 2017 owing to the trend of shifting to utilizing the unburnt bricks, leading to the great inventory of burnt clay bricks, businesses with measured consumption should gradually decrease the production.

 The import turnover of bricks and tiles in Q1/2019 deducted by 15.3% compared to 2018 owing to the low domestic requirement but the moderately abundant supply. The tile exports in Q1/2019 were predicted to rise 10.4% over the same duration in 2018. The US-China trade war is an occasion for Vietnam to boom export of ceramic tiles to the US market.

Not only has this, the export turnover of paving stones in Q1/2019 was predicted to deduct by 33% compared to the same duration in 2018, but Vietnam's export turnover was still very low associated to production volume due to the lower domestic stone production quality. The import turnover of paving stones deducted slightly by 3.4% compared to 2018.

Whereas, the large and organized players in the Vietnam Building Material market are effectively and actively acquiring the small and unorganized players or enterprises and implementing the policies and strategies of joint ventures, mergers and acquisitions, partnership, amalgamation, collaborations, new product development and several others for ruling across the globe, obtaining the competitive edge and generating the effective percentage of revenue. Therefore, in the coming years, it is predicted that the market of building material will increase around the region more significantly over the near duration.

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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Monday, October 1, 2018

Vietnam Building Materials Market Research Report: Ken Research


Currently, 88% of baked clay bricks volume is produced in Asian countries, mainly in China, India and Bangladesh. Rapid urbanization with an average rate of around 6% per year accelerates the demand for construction brick. In Europe and developed countries in Asia, since the 1960s and 70s of the last century, the industry of non-baked materials has grown and that nearly completely replacing the baked clay bricks so far.

For ceramic tiles, production and consumption in the world have continuously grown over the years in the period from 2011-2016. In particular, China, Brazil and India are the leading countries in global ceramic tiles production and consumption in 2016. Vietnam ranks the fifth in the list of top producing countries and fourth in the top countries showing that Vietnam building materials industry has relatively developed in the world.

Vietnam's paving brick, tile and stone industry currently accounts for a relatively low share of the construction material sector and is quite regional in character. The output of clay and kaolin exploited in Q1/2018 was estimated at x,xxx thousand tons, decreasing by 10.5% compared to the same period in 2017. The output of natural quarry exploited in Q1/2018 was estimated at x,xxx million m , increasing by 12.3% over the same period in 2017.

In Q1/2018, the production of clay bricks was estimated at x,xxx million units, decreased slightly by 6% over the same period in 2017. The production of baked tile production in the first quarter of 2018 was estimated at xx,xx million units, decreasing by 7.6% over the same period in 2017. The output of unbaked brick production in Q1/2018 reached x.xx million. According to data of Ministry of Construction, the output of ceramic tiles in the first quarter of 2018 reached xxx million m , including ceramic, granite and cotto tiles.

Consumption of clay bricks in Q1/2018 was estimated at x,xxx million, equal to 85% of production and not much change over the same period in 2017. Meanwhile, the consumption of baked tiles was about 80 million, down 24% over the same period in 2017. Consumption of ceramic tiles in Q1/2018 was estimated to reach xxx.x million m, the consumption/production ratio decreasing and reaching about 80% in Q1/2018 showed an oversupply situation, therefore, ceramic tile prices continue to trend downward in 2018. Brick and tile exports in Q1/2018 were estimated at USD xx.xx million, a slight increase of 10.6% over the same period of 2017. Export turnover of stone tiles in Q1/2018 was estimated at USD x.xx million, up 4.8% over the same period of 2017. However, the export turnover of Vietnam is still very low compared to the production capacity due to low quality of stone in the country.

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Related Reports:-


Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249