The downturn in the building sector continued also in 2016, affecting negatively production (-5.5%) and consumption (-10%) of ceramic tiles.
Acimac Research Dept. anticipates to Ceramic World Review a preview of the key figures of its new study “World production and consumption of ceramic tiles”.
2016 may see further consolidation of the growth reported in 2015, with domestic sales returning to positive territory (+2.7%) and exports showing a further increase (+3.6%). Domestic output is also expected to grow by 3.8%.
Also up were production (+3.4%), exports (+5.1%) and investments (+22.7%). The domestic market remained stable.
An initial fall of 1.1% in 2014 was followed by a further 1.7 percentage point decline in exported volumes last year to a total of 1.065 billion sq.m.
Russian construction output fell by 7% year-on-year in 2015. Ceramic tile production went against this trend, growing by 2.2%.
In 2015 U.S. ceramic tile consumption grew by 10% on 2014 to reach 2.74 billion sq.ft. (254.6 million sq.m), bringing consumption back to its highest level since 2006. Imports growth was +9,8%.
Spanish tile industry closed 2015 with a turnover growth of +6%. +10% the growth of domestic market and +5% for exports.
After a sharp and sudden decline of the sector in 2014, preliminary figures for 2015 show a further decline in output volumes and domestic consumption. A recovery in exports is likely.
The Spanish tile industry maintained its recovery through 2014 and the first half of 2015, again driven by exports.
In 2015 total sales amounted to 401 million sq.m (+1.4%). Exports grew (+1.8%) while the Italian domestic market remained stable (-0.3%).
Ceramic World Review anticipates the key figures of the third edition of the publication “World production and consumption of ceramic tiles” produced by the Acimac Research Department and due to be released in November.