ASEAN: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in ASEAN

The ASEAN articles of fiber cement market totaled $X in 2022, standing approx. at the previous year. In general, consumption, however, showed a abrupt descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in ASEAN

In value terms, articles of fiber cement production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports in ASEAN

For the third consecutive year, ASEAN recorded growth in shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like, which increased by X% to X tons in 2022. Total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, articles of fiber cement exports expanded notably to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Thailand (X tons) represented the main exporter of articles of asbestos-cement, cellulose fiber-cement or the like, comprising X% of total exports. Malaysia (X tons) held the second position in the ranking, followed by Indonesia (X tons). All these countries together held approx. X% share of total exports.

Exports from Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (X p.p.) displayed negative dynamics.

In value terms, Thailand ($X) remains the largest articles of fiber cement supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Thailand stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, standing approx. at the previous year. In general, the export price, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2019 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports in ASEAN

In 2022, the amount of articles of asbestos-cement, cellulose fiber-cement or the like imported in ASEAN skyrocketed to X tons, rising by X% on 2021 figures. Over the period under review, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, articles of fiber cement imports soared to $X in 2022. In general, imports posted resilient growth. The growth pace was the most rapid in 2017 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

The Philippines represented the main importing country with an import of about X tons, which recorded X% of total imports. Lao People's Democratic Republic (X tons) ranks second in terms of the total imports with a X% share, followed by Malaysia (X%) and Myanmar (X%). Vietnam (X tons), Indonesia (X tons) and Cambodia (X tons) took a relatively small share of total imports.

Imports into the Philippines increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. Indonesia and Lao People's Democratic Republic experienced a relatively flat trend pattern. By contrast, Cambodia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines and Myanmar increased by X and X percentage points, respectively.

In value terms, the Philippines ($X) constitutes the largest market for imported articles of asbestos-cement, cellulose fiber-cement or the like in ASEAN, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Lao People's Democratic Republic, with an X% share.

From 2012 to 2022, the average annual growth rate of value in the Philippines amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Lao People's Democratic Republic (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, waning by X% against the previous year. Overall, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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