Asia: 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 Asia

The Asian articles of fiber cement market shrank to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a perceptible downturn. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, articles of fiber cement production fell modestly to $X in 2022 estimated in export price. In general, production saw a perceptible downturn. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

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

Exports in Asia

Articles of fiber cement exports stood at X tons in 2022, picking up by X% compared with the year before. Total exports indicated a buoyant 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 2016 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 likely to continue growth in the near future.

In value terms, articles of fiber cement exports expanded significantly to $X in 2022. Total exports indicated a remarkable 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 2016 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Thailand was the largest exporting country with an export of about X tons, which accounted for X% of total exports. China (X tons) ranks second in terms of the total exports with a X% share, followed by Malaysia (X%), India (X%) and Indonesia (X%). The following exporters - Turkey (X tons) and Kyrgyzstan (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to articles of fiber cement exports from Thailand stood at X%. At the same time, Indonesia (X%), Kyrgyzstan (X%), India (X%), Turkey (X%) and China (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, Indonesia and India increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), China ($X) and Malaysia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Turkey, India, Indonesia and Kyrgyzstan lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

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

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

Imports in Asia

In 2022, articles of fiber cement imports in Asia surged to X tons, increasing by X% against the year before. Total imports indicated a prominent 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, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, articles of fiber cement imports surged to $X in 2022. Total imports indicated resilient growth 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The Philippines was the largest importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by Taiwan (Chinese) (X tons), Lao People's Democratic Republic (X tons), South Korea (X tons), Kazakhstan (X tons) and the United Arab Emirates (X tons), together generating a X% share of total imports. Malaysia (X tons), Myanmar (X tons), Nepal (X tons), Vietnam (X tons), Pakistan (X tons), Azerbaijan (X tons) and Qatar (X tons) held a minor share of total imports.

Imports into the Philippines increased at an average annual rate of X% from 2012 to 2022. At the same time, Pakistan (X%), Myanmar (X%), Qatar (X%), Nepal (X%), Taiwan (Chinese) (X%), Vietnam (X%), South Korea (X%), Malaysia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Lao People's Democratic Republic experienced a relatively flat trend pattern. By contrast, Kazakhstan (X%) and Azerbaijan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines, Taiwan (Chinese), Myanmar and Pakistan increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest articles of fiber cement importing markets in Asia were the Philippines ($X), Taiwan (Chinese) ($X) and South Korea ($X), with a combined X% share of total imports. Vietnam, Kazakhstan, Lao People's Democratic Republic, the United Arab Emirates, Malaysia, Qatar, Myanmar, Nepal, Pakistan and Azerbaijan lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Pakistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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