Vietnam Brick, Tile and Ashlar paving stone Comprehensive Report Q2/2019
VIETNAM BRICK, TILES AND ASHLAR PAVING STONE INDUSTRY
Currently, Vietnam's brick, tile and paving stone industry accounts for a relatively low proportion in the structure of construction materials industry and is quite regional in nature. In Q1/2019, the clay and kaolin exploitation volume increased by 51% compared to the same period of 2018; the situation of illegal clay exploitation took place very complicated in many localities throughout the country such as Kon Tum, Ha Tinh, Tra Vinh ....
The natural stone exploitation volume in Q1/2019 is estimated to decrease by 35.1% compared to the same period of 2018 due to the situation that quarries with high exploitation output are expired and the Government is currently tightening new stone mining licenses from now until 2020.
In Q1/2019, the baked clay bricks production accounted for 70% of the total brick volume nationwide in 2018, decreased by 2% compared to 2017 due to the trend of shifting to using unburnt bricks, leading to the large inventory of burnt clay bricks, businesses with slow consumption should gradually reduce production.
The import turnover of bricks and tiles in Q1/2019 decreased by 15.3% compared to 2018 due to the low domestic demand but the relatively abundant supply. The tile exports in Q1/2019 were estimated to rise 10.4% over the same period in 2018. The US-China trade war is an opportunity for Vietnam to boost export of ceramic tiles to the US market.
The export turnover of paving stones in Q1/2019 was estimated to decrease by 33% compared to the same period in 2018, but Vietnam's export turnover was still very low compared to production capacity due to the low domestic stone production quality. The import turnover of paving stones decreased slightly by 3.4% compared to 2018.
Currently, Vietnam's brick, tile and paving stone industry accounts for a relatively low proportion in the structure of construction materials industry and is quite regional in nature. In Q1/2019, the clay and kaolin exploitation volume increased by 51% compared to the same period of 2018; the situation of illegal clay exploitation took place very complicated in many localities throughout the country such as Kon Tum, Ha Tinh, Tra Vinh ....
The natural stone exploitation volume in Q1/2019 is estimated to decrease by 35.1% compared to the same period of 2018 due to the situation that quarries with high exploitation output are expired and the Government is currently tightening new stone mining licenses from now until 2020.
In Q1/2019, the baked clay bricks production accounted for 70% of the total brick volume nationwide in 2018, decreased by 2% compared to 2017 due to the trend of shifting to using unburnt bricks, leading to the large inventory of burnt clay bricks, businesses with slow consumption should gradually reduce production.
The import turnover of bricks and tiles in Q1/2019 decreased by 15.3% compared to 2018 due to the low domestic demand but the relatively abundant supply. The tile exports in Q1/2019 were estimated to rise 10.4% over the same period in 2018. The US-China trade war is an opportunity for Vietnam to boost export of ceramic tiles to the US market.
The export turnover of paving stones in Q1/2019 was estimated to decrease by 33% compared to the same period in 2018, but Vietnam's export turnover was still very low compared to production capacity due to the low domestic stone production quality. The import turnover of paving stones decreased slightly by 3.4% compared to 2018.
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 Competitive 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 APPENDIX 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 Competitive 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 APPENDIX OF FINANCIAL STATEMENT
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 Marble 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 Marble 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
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2016 – 2019
Figure 2: Proportion of construction industry to GDP, 2017 - 2019
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, Q1/2019
Figure 56: Production of natural stone exploited, 2010 – Q1/2019
Figure 57: Coal price fluctuation, 10/2012 - 1/2019
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 – 2Q1/2019
Figure 64: Production of baked tiles, 2010 – Q1/2019
Figure 65: Production volume of adobe bricks, 2010 – Q1/2019
Figure 66: Aggregate cement brick production capacity of some enterprises, 2017
Figure 67: Paving tiles production in Vietnam, 2011 – Q1/2019
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 – Q1/2019
Figure 74: Consumption of baked tiles, 2010 – Q1/2019
Figure 75: Demand for bricks, 2012 - 2020F
Figure 76: Consumption share of aggregate cement bricks, 2017
Figure 77: Consumption of paving bricks, 2011 – Q1/2019
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 – Q1/2019
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 – Q1/2019
Figure 84: Export value of paving stone, 2011 – Q1/2019
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 – Q1/2019
Figure 88: Import value of paving stone, 2011 – Q1/2019
Figure 89: Import market structure of paving stone, 2018
Figure 90: Inventories of construction bricks, 2010 – 2017e
Figure 91: Period of fluctuations of Vietnam real estate market
Figure 92: Housing supply in Hanoi, 2010-Q1/2019
Figure 93: New supply
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, 2017 - 2018
Figure 100: Sales expenses/Net revenue ratio, 2017 - 2018
Figure 101: Administrative expenses/Net revenue ratio, 2017 - 2018
Figure 102: Average inventory days, 2018
Figure 103: Average receivable days, 2018
Figure 104: Self-financing ratio, 2017 - 2018
Figure 105: Solvency 2017 - 2018
Figure 106: Profit ratio, 2017 - 2018
Figure 1: GDP growth rate by quarter, 2016 – 2019
Figure 2: Proportion of construction industry to GDP, 2017 - 2019
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, Q1/2019
Figure 56: Production of natural stone exploited, 2010 – Q1/2019
Figure 57: Coal price fluctuation, 10/2012 - 1/2019
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 – 2Q1/2019
Figure 64: Production of baked tiles, 2010 – Q1/2019
Figure 65: Production volume of adobe bricks, 2010 – Q1/2019
Figure 66: Aggregate cement brick production capacity of some enterprises, 2017
Figure 67: Paving tiles production in Vietnam, 2011 – Q1/2019
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 – Q1/2019
Figure 74: Consumption of baked tiles, 2010 – Q1/2019
Figure 75: Demand for bricks, 2012 - 2020F
Figure 76: Consumption share of aggregate cement bricks, 2017
Figure 77: Consumption of paving bricks, 2011 – Q1/2019
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 – Q1/2019
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 – Q1/2019
Figure 84: Export value of paving stone, 2011 – Q1/2019
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 – Q1/2019
Figure 88: Import value of paving stone, 2011 – Q1/2019
Figure 89: Import market structure of paving stone, 2018
Figure 90: Inventories of construction bricks, 2010 – 2017e
Figure 91: Period of fluctuations of Vietnam real estate market
Figure 92: Housing supply in Hanoi, 2010-Q1/2019
Figure 93: New supply
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, 2017 - 2018
Figure 100: Sales expenses/Net revenue ratio, 2017 - 2018
Figure 101: Administrative expenses/Net revenue ratio, 2017 - 2018
Figure 102: Average inventory days, 2018
Figure 103: Average receivable days, 2018
Figure 104: Self-financing ratio, 2017 - 2018
Figure 105: Solvency 2017 - 2018
Figure 106: Profit ratio, 2017 - 2018
