Vietnam’s clay-based building materials see annual growth in 2024

Vietnam’s production of building materials from clay decreased by 2.5 percent in December 2024 compared to November 2024, according to Vietnam’s Industrial Production Index.

Year-on-year, the sector grew by 8.7 percent in December compared to December 2023. For the full year of 2024, cumulative growth stood at 3.6 percent compared to 2023, reflecting a steady annual performance despite the monthly dip.

The decline in December could be attributed to seasonal adjustments or slowing construction activities at year-end. However, the year-on-year and annual growth reflect sustained demand for clay-based materials in Vietnam’s thriving construction industry, fuelled by infrastructure projects and urbanisation efforts.

Vietnam’s clay-based building materials sector is integral to its construction industry, producing bricks, tiles, and other essential materials. Ongoing investments in modern production methods and eco-friendly practices are expected to enhance the sector’s competitiveness in domestic and export markets.

The steady annual growth in 2024 underscores the sector’s role in Vietnam’s industrial and construction landscape.

See also: Construction Industry in Vietnam

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