ASEAN: Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size in ASEAN

In 2022, the ASEAN cellulose fibrecement sheet market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a abrupt descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Cellulose Fibrecement Sheet Production in ASEAN

In value terms, cellulose fibrecement sheet production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Cellulose Fibrecement Sheet Exports

Exports in ASEAN

For the third consecutive year, ASEAN recorded growth in overseas shipments of sheets, panels and tiles of cellulose fibrecement, which increased by X% to X tons in 2022. In general, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, cellulose fibrecement sheet exports skyrocketed 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 2014 when exports increased by X%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

Thailand represented the major exporting country with an export of around X tons, which amounted to X% of total exports. Malaysia (X tons) held the second position in the ranking, followed by Indonesia (X tons). All these countries together took near 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 ($X) remains the largest cellulose fibrecement sheet supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports.

In Thailand, cellulose fibrecement sheet exports increased at an average annual rate of X% over the period from 2012-2022. 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

In 2022, the export price in ASEAN amounted to $X per ton, almost unchanged from the previous year. Overall, the export price, however, saw a noticeable descent. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

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 Malaysia (X%), while the other leaders experienced a decline in the export price figures.

Cellulose Fibrecement Sheet Imports

Imports in ASEAN

In 2022, imports of sheets, panels and tiles of cellulose fibrecement in ASEAN soared to X tons, growing by X% on the previous year's figure. Over the period under review, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, cellulose fibrecement sheet imports soared to $X in 2022. Overall, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The Philippines prevails in imports structure, recording X tons, which was approx. X% of total imports in 2022. Lao People's Democratic Republic (X tons) took the second position in the ranking, followed by Malaysia (X tons) and Vietnam (X tons). All these countries together took near X% share of total imports. Indonesia (X tons), Cambodia (X tons) and Myanmar (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cellulose fibrecement sheet imports into the Philippines stood at X%. 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 Cambodia experienced a relatively flat trend pattern. By contrast, Lao People's Democratic Republic (X%) illustrated a downward trend over the same period. The Philippines (X p.p.) significantly strengthened its position in terms of the total imports, while Vietnam, Cambodia, Malaysia, Indonesia and Lao People's Democratic Republic saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Philippines ($X) constitutes the largest market for imported sheets, panels and tiles of cellulose fibrecement in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with an X% share of total imports. It was followed by Lao People's Democratic Republic, with a X% share.

In the Philippines, cellulose fibrecement sheet imports expanded at an average annual rate of X% over the period from 2012-2022. 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, increasing by X% against the previous year. In general, the import price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Lao People's Democratic Republic ($X per ton) 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