Vietnam Brick, Tile and Ashlar paving stone Comprehensive Report Q1/2019
VIETNAM BRICK, TILE AND PAVING STONE INDUSTRIES
Brick, tile and paving stone industry is a long-established construction material industry in species history. Currently, developed and developing countries all consider production and use of unburnt materials as an inevitable trend of future construction. In Europe and developed countries in Asia, since the 60s and 70s of the last century, the production of unburnt materials has strongly developed, so far almost replaced earth bricks.
Vietnam's brick, tile and paving stone industry currently accounts for a relatively low proportion in the structure of construction material industry and is quite regional in nature. In 2018, the production of burnt clay bricks accounted for 70% of the total brick volume nationwide, declined 2% compared to 2017 due to the trend of shifting to using unburnt bricks, leading to the great inventories of burnt-clay bricks.
The exported brick and tile in 2018 were estimated to increase slightly by 11.06% compared to 2017. The exports of bricks and tiles in Vietnam were still quite high and quite favorable compared to the previous years because China started to control tightly actions that caused environmental pollution of domestic production, leading to a significant reduction in the supply of construction materials in the export market.
The consumption of bricks in 2018 were estimated to increase by 17% compared to 2017, the consumption/production ratio was declining and equal to about 90% in 2018. The export turnover of paving stones in 2018 was estimated to increase by 6.2% compared to the same period in 2017, but Vietnam's export turnover was still very low compared to the production capacity due to low domestic stone quality. Along with that, the import of paving stones in 2018 increased by 9% compared to 2017 thanks to the strong growth of the real estate market.
Brick, tile and paving stone industry is a long-established construction material industry in species history. Currently, developed and developing countries all consider production and use of unburnt materials as an inevitable trend of future construction. In Europe and developed countries in Asia, since the 60s and 70s of the last century, the production of unburnt materials has strongly developed, so far almost replaced earth bricks.
Vietnam's brick, tile and paving stone industry currently accounts for a relatively low proportion in the structure of construction material industry and is quite regional in nature. In 2018, the production of burnt clay bricks accounted for 70% of the total brick volume nationwide, declined 2% compared to 2017 due to the trend of shifting to using unburnt bricks, leading to the great inventories of burnt-clay bricks.
The exported brick and tile in 2018 were estimated to increase slightly by 11.06% compared to 2017. The exports of bricks and tiles in Vietnam were still quite high and quite favorable compared to the previous years because China started to control tightly actions that caused environmental pollution of domestic production, leading to a significant reduction in the supply of construction materials in the export market.
The consumption of bricks in 2018 were estimated to increase by 17% compared to 2017, the consumption/production ratio was declining and equal to about 90% in 2018. The export turnover of paving stones in 2018 was estimated to increase by 6.2% compared to the same period in 2017, but Vietnam's export turnover was still very low compared to the production capacity due to low domestic stone quality. Along with that, the import of paving stones in 2018 increased by 9% compared to 2017 thanks to the strong growth of the real estate market.
Abbreviations
Executive Summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
1.3 Trade agreements
2. MARKET OVERVIEW
2.1 Definition and classification
2.2 Production Process
2.3 Production Technology
3. WORLD MARKET OF PAVING BRICKS, TILES, STONES
3.1 Materials
3.2 Production - Consumption
3.3 Import Export
3.4 Ceramic tiles industry in some typical countries
3.5 Some key players in the industry
4 VIETNAM MARKET OF PAVING BRICKS, TILES AND STONES
4.1 History of formation and development
4.2 Value chain of the industry
4.3 Materials
4.4 Production - Consumption
4.5 COmpatitive Analysis
4.6 Import Export
4.7 Inventory
5 INDUSTRY RISK
6 OUTLOOK AND FORECAST
6.1 Industry development planning
6.2 OUtlook
6.3 Forecast
7 ENTERPRISE ANALYSIS
7.1 Enterprise introduction
7.2 Financial analysis
8 APPEDIX OF FINANCIAL STATEMENT
Executive Summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
1.3 Trade agreements
2. MARKET OVERVIEW
2.1 Definition and classification
2.2 Production Process
2.3 Production Technology
3. WORLD MARKET OF PAVING BRICKS, TILES, STONES
3.1 Materials
3.2 Production - Consumption
3.3 Import Export
3.4 Ceramic tiles industry in some typical countries
3.5 Some key players in the industry
4 VIETNAM MARKET OF PAVING BRICKS, TILES AND STONES
4.1 History of formation and development
4.2 Value chain of the industry
4.3 Materials
4.4 Production - Consumption
4.5 COmpatitive Analysis
4.6 Import Export
4.7 Inventory
5 INDUSTRY RISK
6 OUTLOOK AND FORECAST
6.1 Industry development planning
6.2 OUtlook
6.3 Forecast
7 ENTERPRISE ANALYSIS
7.1 Enterprise introduction
7.2 Financial analysis
8 APPEDIX OF FINANCIAL STATEMENT
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2015 - 2018
Figure 2: Proportion of construction industry to GDP, 2013 - 2017
Figure 3: Value of construction sector, 2012 - 6M/2017
Figure 4: Urbanization rate in Vietnam, 2005 - 2017
Figure 5: Vietnam population growth, 2004 - 2018
Figure 6: Vietnam's population structure, 2018
Figure 7: Top largest kaolin producing countries, 2017
Figure 8: Global kaolin demand by region, 2017
Figure 9: World kaolin prices, 2007 - 2017
Figure 10: Top largest kaolin importing countries, 2016 - 2017
Figure 11: Top largest kaolin exporting countries, 2016 - 2017
Figure 12: Top largest clay exporting countries, 2016 - 2017
Figure 13: World average clay prices, 2007 - 2017
Figure 14: Top largest clay importing countries, 2016 - 2017
Figure 15: Top largest natural stone importing countries (marble), 2016 - 2017
Figure 16: Global consumption of natural stone, 2009 - 2015
Figure 17: Top largest natural stone exporting countries (marble), 2016 - 2017
Figure 18: Baked clay brick production in the world, 2017
Figure 19: Consumption of baked clay bricks per capita in some Asian countries, 2015
Figure 20: World production and consumption of ceramic tiles, 2011 - 2017
Figure 21: Production of world ceramic tiles by region, 2017
Figure 22: Top 10 largest paving tile producing countries in the world, 2017
Figure 23: Top 10 largest paving tile consuming countries in the world, 2017
Figure 24: Ceramic tile consumption structure, 2017
Figure 25: Average consumption of ceramic tiles/person 2017
Figure 26: Ceramic tile consumption by region, 2017
Figure 27: Top 10 largest paving natural stone producing countries in the world, 2015
Figure 28: Global paving tiles exports by region, 2017
Figure 29: Export volume of paving tiles in the world, 2012 - 2017
Figure 30: World’s top 10 largest paving tiles importing countries, 2017
Figure 31: World’s top 10 largest paving tiles exporting countries, 2017
Figure 32: Global natural stone trade, 2013 - 2017
Figure 33: Top 10 countries with the largest market share in paving stone export, 2017
Figure 34: Top countries with the largest Marble export prices, 2017
Figure 35: Top 10 countries with the largest market share in paving stone import, 2017
Figure 36: Top 10 countries with the largest market share in paving stone export, 2017
Figure 37: Paving brick production and consumption in China,
2011 - 2017
Figure 38: China's leading flooring tiles production areas, 2015
Figure 39: Export market structure of Chinese paving bricks by region, 2017
Figure 40: Export volume of Chinese paving bricks, 2012 - 2017e
Figure 41: Export market structure of Chinese paving bricks by country, 2017
Figure 42: Paving natural stone production structure of China, 2017
Figure 43: Paving brick production and consumption in Brazil, 2011 - 2017
Figure 44: Production structure of Brazilian paving bricks, 2015
Figure 45: Export market structure of Brazilian paving bricks by region, 2017
Figure 46: Paving brick export in Brazil, 2011 - 2017
Figure 47: Export market structure of Brazilian paving bricks, 2017
Figure 48: Paving stone consumption in Brazil, 2012
Figure 49: Paving stone imports in Brazil, 2013 - 2017
Figure 50: Paving stone exports in Brazil, 2013 - 2017e
Figure 51: Production volume of Spanish paving bricks, 2011 - 2017
Figure 52: Sales of paving bricks in Spain, 2011 - 2017
Figure 53: Export turnover of Spanish paving bricks, 2011 - 2017
Figure 54: Top 10 largest paving bricks importers of Spain, 2016 - 2017
Figure 55: Production of clay and kaolin, 2018
Figure 56: Production of natural stone exploited, 2010 – 2018
Figure 57: Coal price fluctuation, 10/2012 - 2018
Figure 58: Prices of oil FO Singapore, 2017
Figure 59: Number of enterprises and workers in tiles, tiles and stone tiles, 2010 - 2017
Figure 60: Distribution of the number of enterprises in brick, tile and stone tiles sector by region, 2010 - 2017
Figure 61: Revenue and Profit of brick and tile and paving stone industry, 2010 - 2017
Figure 62: Investment capital and fixed assets of tiles, tiles and stone tiles, 2010 - 2017
Figure 63: Production volume of baked clay bricks, 2010 – 2018e
Figure 64: Production of baked tiles, 2010 – 2018e
Figure 65: Production volume of adobe bricks, 2010 – 2018
Figure 66: Aggregate cement brick production capacity of some enterprises, 2017
Figure 67: Paving tiles production in Vietnam, 2011 – 2018
Figure 68: Allocation of ceramic tile production capacity by region, 2015
Figure 69: Structure of brick production capacity according to categories, 2017
Figure 70: Capacity of large enterprises in tile industry, 2017
Figure 71: Production of Granite, 2016 - 2017
Figure 72: Production capacity of paving stone in Vietnam, 1990 – 2020f
Figure 73: Consumption of baked clay bricks, 2010 – 2018e
Figure 74: Consumption of baked tiles, 2010 – 2018e
Figure 75: Demand for bricks, 2012 - 2020F
Figure 76: Consumption share of aggregate cement bricks, 2017
Figure 77: Consumption of paving bricks, 2011 – 2018e
Figure 78: Consumption share of paving bricks, 2015
Figure 79: Top paving bricks enterprises with the highest revenue, 2016 - 2017
Figure 80: Consumption of paving stone, 2011 – 2018e
Figure 81: Prices of granite and marble
Figure 82: Structure of export bricks and tiles market 2018e
Figure 83: Exports of bricks and tiles 2010 – 2018
Figure 84: Export value of paving stone, 2011 – 2018e
Figure 85: Export market structure of paving stone, 2018
Figure 86: Import market structure of bricks and tiles, 2018
Figure 87: Import value of bricks and tiles, 2010 – 2018e
Figure 88: Import value of paving stone, 2011 – 2018e
Figure 89: Import market structure of paving stone, 2017
Figure 90: Inventories of construction bricks, 2010 – 2017e
Figure 91: Period of fluctuations of Vietnam real estate market
Figure 92: Housing supply in Hanoi, 2008-2018
Figure 93: New supply and number of apartments sold, 2010-2018
Figure 94: Growth cycle of materials for countertops
Figure 95: Forecast for tiles consumption, 2011 – 2020F
Figure 96: Forecast for paving stone consumption in Vietnam to 2020
Figure 97: Forecast for baked clay brick consumption, 2010 – 2020f
Figure 98: Forecast for baked clay brick consumption, 2010 - 2020f
Figure 99: Gross profit margin, 2016 - 2017
Figure 100: Sales expenses/Net nevenue ratio
Figure 101: Administrative expenses/Net revenue ratio
Figure 102: Average inventory days, 2017
Figure 103: Average receivable days, 2017
Figure 104: Self-finacing ratio, 2016 - 2017
Figure 105: Solvency 2016 -2017
Figure 106: Profit ratio, 2016 - 2017
Figure 1: GDP growth rate by quarter, 2015 - 2018
Figure 2: Proportion of construction industry to GDP, 2013 - 2017
Figure 3: Value of construction sector, 2012 - 6M/2017
Figure 4: Urbanization rate in Vietnam, 2005 - 2017
Figure 5: Vietnam population growth, 2004 - 2018
Figure 6: Vietnam's population structure, 2018
Figure 7: Top largest kaolin producing countries, 2017
Figure 8: Global kaolin demand by region, 2017
Figure 9: World kaolin prices, 2007 - 2017
Figure 10: Top largest kaolin importing countries, 2016 - 2017
Figure 11: Top largest kaolin exporting countries, 2016 - 2017
Figure 12: Top largest clay exporting countries, 2016 - 2017
Figure 13: World average clay prices, 2007 - 2017
Figure 14: Top largest clay importing countries, 2016 - 2017
Figure 15: Top largest natural stone importing countries (marble), 2016 - 2017
Figure 16: Global consumption of natural stone, 2009 - 2015
Figure 17: Top largest natural stone exporting countries (marble), 2016 - 2017
Figure 18: Baked clay brick production in the world, 2017
Figure 19: Consumption of baked clay bricks per capita in some Asian countries, 2015
Figure 20: World production and consumption of ceramic tiles, 2011 - 2017
Figure 21: Production of world ceramic tiles by region, 2017
Figure 22: Top 10 largest paving tile producing countries in the world, 2017
Figure 23: Top 10 largest paving tile consuming countries in the world, 2017
Figure 24: Ceramic tile consumption structure, 2017
Figure 25: Average consumption of ceramic tiles/person 2017
Figure 26: Ceramic tile consumption by region, 2017
Figure 27: Top 10 largest paving natural stone producing countries in the world, 2015
Figure 28: Global paving tiles exports by region, 2017
Figure 29: Export volume of paving tiles in the world, 2012 - 2017
Figure 30: World’s top 10 largest paving tiles importing countries, 2017
Figure 31: World’s top 10 largest paving tiles exporting countries, 2017
Figure 32: Global natural stone trade, 2013 - 2017
Figure 33: Top 10 countries with the largest market share in paving stone export, 2017
Figure 34: Top countries with the largest Marble export prices, 2017
Figure 35: Top 10 countries with the largest market share in paving stone import, 2017
Figure 36: Top 10 countries with the largest market share in paving stone export, 2017
Figure 37: Paving brick production and consumption in China,
2011 - 2017
Figure 38: China's leading flooring tiles production areas, 2015
Figure 39: Export market structure of Chinese paving bricks by region, 2017
Figure 40: Export volume of Chinese paving bricks, 2012 - 2017e
Figure 41: Export market structure of Chinese paving bricks by country, 2017
Figure 42: Paving natural stone production structure of China, 2017
Figure 43: Paving brick production and consumption in Brazil, 2011 - 2017
Figure 44: Production structure of Brazilian paving bricks, 2015
Figure 45: Export market structure of Brazilian paving bricks by region, 2017
Figure 46: Paving brick export in Brazil, 2011 - 2017
Figure 47: Export market structure of Brazilian paving bricks, 2017
Figure 48: Paving stone consumption in Brazil, 2012
Figure 49: Paving stone imports in Brazil, 2013 - 2017
Figure 50: Paving stone exports in Brazil, 2013 - 2017e
Figure 51: Production volume of Spanish paving bricks, 2011 - 2017
Figure 52: Sales of paving bricks in Spain, 2011 - 2017
Figure 53: Export turnover of Spanish paving bricks, 2011 - 2017
Figure 54: Top 10 largest paving bricks importers of Spain, 2016 - 2017
Figure 55: Production of clay and kaolin, 2018
Figure 56: Production of natural stone exploited, 2010 – 2018
Figure 57: Coal price fluctuation, 10/2012 - 2018
Figure 58: Prices of oil FO Singapore, 2017
Figure 59: Number of enterprises and workers in tiles, tiles and stone tiles, 2010 - 2017
Figure 60: Distribution of the number of enterprises in brick, tile and stone tiles sector by region, 2010 - 2017
Figure 61: Revenue and Profit of brick and tile and paving stone industry, 2010 - 2017
Figure 62: Investment capital and fixed assets of tiles, tiles and stone tiles, 2010 - 2017
Figure 63: Production volume of baked clay bricks, 2010 – 2018e
Figure 64: Production of baked tiles, 2010 – 2018e
Figure 65: Production volume of adobe bricks, 2010 – 2018
Figure 66: Aggregate cement brick production capacity of some enterprises, 2017
Figure 67: Paving tiles production in Vietnam, 2011 – 2018
Figure 68: Allocation of ceramic tile production capacity by region, 2015
Figure 69: Structure of brick production capacity according to categories, 2017
Figure 70: Capacity of large enterprises in tile industry, 2017
Figure 71: Production of Granite, 2016 - 2017
Figure 72: Production capacity of paving stone in Vietnam, 1990 – 2020f
Figure 73: Consumption of baked clay bricks, 2010 – 2018e
Figure 74: Consumption of baked tiles, 2010 – 2018e
Figure 75: Demand for bricks, 2012 - 2020F
Figure 76: Consumption share of aggregate cement bricks, 2017
Figure 77: Consumption of paving bricks, 2011 – 2018e
Figure 78: Consumption share of paving bricks, 2015
Figure 79: Top paving bricks enterprises with the highest revenue, 2016 - 2017
Figure 80: Consumption of paving stone, 2011 – 2018e
Figure 81: Prices of granite and marble
Figure 82: Structure of export bricks and tiles market 2018e
Figure 83: Exports of bricks and tiles 2010 – 2018
Figure 84: Export value of paving stone, 2011 – 2018e
Figure 85: Export market structure of paving stone, 2018
Figure 86: Import market structure of bricks and tiles, 2018
Figure 87: Import value of bricks and tiles, 2010 – 2018e
Figure 88: Import value of paving stone, 2011 – 2018e
Figure 89: Import market structure of paving stone, 2017
Figure 90: Inventories of construction bricks, 2010 – 2017e
Figure 91: Period of fluctuations of Vietnam real estate market
Figure 92: Housing supply in Hanoi, 2008-2018
Figure 93: New supply and number of apartments sold, 2010-2018
Figure 94: Growth cycle of materials for countertops
Figure 95: Forecast for tiles consumption, 2011 – 2020F
Figure 96: Forecast for paving stone consumption in Vietnam to 2020
Figure 97: Forecast for baked clay brick consumption, 2010 – 2020f
Figure 98: Forecast for baked clay brick consumption, 2010 - 2020f
Figure 99: Gross profit margin, 2016 - 2017
Figure 100: Sales expenses/Net nevenue ratio
Figure 101: Administrative expenses/Net revenue ratio
Figure 102: Average inventory days, 2017
Figure 103: Average receivable days, 2017
Figure 104: Self-finacing ratio, 2016 - 2017
Figure 105: Solvency 2016 -2017
Figure 106: Profit ratio, 2016 - 2017
LIST OF TABLES
Table 1: Import duties applied to ceramic products are based on trade agreements signed by Vietnam
Table 2: Characteristic comparison between ceramic and granite brick
Table 3: Characteristic comparison between Marbe and Granite stone
Table 4: Comparison between single-firing and double-firing technologies
Table 5: Top largest natural stone importers of China, 2016 – 2017 (Unit: USD million)
Table 6: Top largest natural stone exporters of China,
2016 - 2017
Table 7: Production criteria in China, 2010 - 2017
Table 8: Top 10 leading tile manufacturers in the world, 2017
Table 9: Localities with the largest reserves of stone in Vietnam
Table 10: Cola prices after TKV (effective from 11/8/2016)
Table 11: Comparison between the use of coal and CNG
Table 12: Production capacity of some large enterprises in the industry, 2016
Table 13: Paving tiles production enterprises until, 2017
Table 14: Top 10 largest tile manufacturers in Ho Chi Minh City
Table 15: Some factories produce unbaked bricks in the North
Table 16: Granite tile selling price of some enterprises in the industry, 2017 - 2018
Table 17: Comparison among some large tile manufacturers in the industry
Table 18: Planning on demand for building materials to 2020
Table 1: Import duties applied to ceramic products are based on trade agreements signed by Vietnam
Table 2: Characteristic comparison between ceramic and granite brick
Table 3: Characteristic comparison between Marbe and Granite stone
Table 4: Comparison between single-firing and double-firing technologies
Table 5: Top largest natural stone importers of China, 2016 – 2017 (Unit: USD million)
Table 6: Top largest natural stone exporters of China,
2016 - 2017
Table 7: Production criteria in China, 2010 - 2017
Table 8: Top 10 leading tile manufacturers in the world, 2017
Table 9: Localities with the largest reserves of stone in Vietnam
Table 10: Cola prices after TKV (effective from 11/8/2016)
Table 11: Comparison between the use of coal and CNG
Table 12: Production capacity of some large enterprises in the industry, 2016
Table 13: Paving tiles production enterprises until, 2017
Table 14: Top 10 largest tile manufacturers in Ho Chi Minh City
Table 15: Some factories produce unbaked bricks in the North
Table 16: Granite tile selling price of some enterprises in the industry, 2017 - 2018
Table 17: Comparison among some large tile manufacturers in the industry
Table 18: Planning on demand for building materials to 2020
