
Thailand - Sheets, Panels And Tiles Of Cellulose Fibrecement - Market Analysis, Forecast, Size, Trends And Insights
Thailand Takes Lead in Cellulose Fibrecement Sheet Exports, Boosting Supplies Fivefold in Decade
IndexBox has just published a new report: 'Thailand - Sheets, Panels And Tiles Of Cellulose Fibrecement - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
Thailand's Cellulose Fibrecement Sheet Exports
In 2020, cellulose fibrecement sheet exports from Thailand skyrocketed to 801K tons, rising twofold compared with 2019. In value terms, supplies rose sharply from $149M to $168M (IndexBox estimates). Over the past decade, Thailand's exports rose fivefold.
The Philippines (245K tons), Myanmar (162K tons) and Lao People's Democratic Republic (102K tons) were the main destinations of cellulose fibrecement sheet exports from Thailand, together accounting for 64% of total volume. Vietnam, Cambodia, South Korea and India lagged somewhat behind, together accounting for a further 25%.
In value terms, the largest markets for cellulose fibrecement sheet exported from Thailand were the Philippines ($42M), Myanmar ($33M) and Lao People's Democratic Republic ($25M), with a combined 60% share of total exports. Vietnam, Cambodia, South Korea and India lagged somewhat behind, together comprising a further 27%.
In terms of the main countries of destination, South Korea (+75.8% per year) saw the highest growth rate of the value of exports, while shipments for the other leaders experienced more modest paces of growth in 2020.
The average cellulose fibrecement sheet export price stood at $210 per ton in 2020, falling by -49.5% against the previous year. Average prices varied somewhat for the major overseas markets. In 2020, the countries with the highest prices were Lao People's Democratic Republic ($248 per ton) and South Korea ($245 per ton), while the average price for exports to the Philippines ($172 per ton) and Myanmar ($205 per ton) were amongst the lowest. Over the past decade, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia, while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the cellulose fibrecement sheet market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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