ASEAN: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in ASEAN

For the third year in a row, the ASEAN market for boards, sheets, panels, tiles and similar articles of plaster not faced recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a perceptible downturn. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in ASEAN

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports in ASEAN

Exports of boards, sheets, panels, tiles and similar articles of plaster not faced contracted to X square meters in 2022, waning by X% compared with 2021. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at X square meters in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced expanded notably to $X in 2022. In general, exports showed a mild setback. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Malaysia represented the largest exporting country with an export of around X square meters, which finished at X% of total exports. It was distantly followed by Thailand (X square meters), generating a X% share of total exports. Singapore (X square meters) followed a long way behind the leaders.

Malaysia was also the fastest-growing in terms of the boards, sheets, panels, tiles and similar articles of plaster not faced exports, with a CAGR of X% from 2012 to 2022. At the same time, Singapore (X%) displayed positive paces of growth. By contrast, Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X), Thailand ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in ASEAN stood at $X per square meter in 2022, jumping by X% against the previous year. Over the period under review, the export price, however, showed a mild descent. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per square meter), while Malaysia ($X per square meter) was amongst the lowest.

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

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports in ASEAN

Imports of boards, sheets, panels, tiles and similar articles of plaster not faced shrank to X square meters in 2022, with a decrease of X% against the previous year. In general, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at X square meters in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced fell to $X in 2022. Overall, imports saw a pronounced curtailment. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the four major importers of boards, sheets, panels, tiles and similar articles of plaster not faced, namely the Philippines, Myanmar, Malaysia and Singapore, represented more than two-thirds of total import. Lao People's Democratic Republic (X square meters) held the next position in the ranking, followed by Thailand (X square meters). All these countries together held approx. X% share of total imports. Vietnam (X square meters) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Lao People's Democratic Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X) constitutes the largest market for imported boards, sheets, panels, tiles and similar articles of plaster not faced in ASEAN, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by Myanmar, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Philippines amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Myanmar (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per square meter, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of import peaked in 2022 and is likely to continue growth in the near future.

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 ($X per square meter), while Myanmar ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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