Asia: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Asia

After three years of decline, the Asian market for glaziers putty, grafting putty, other mastics and painters' fillings increased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Asia

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings declined slightly 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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports in Asia

In 2022, approx. X tons of glaziers putty, grafting putty, other mastics and painters' fillings were exported in Asia; jumping by X% compared with the previous year's figure. In general, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings soared to $X in 2022. Overall, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, China (X tons), Turkey (X tons), Azerbaijan (X tons), South Korea (X tons) and the United Arab Emirates (X tons) represented the major exporter of glaziers putty, grafting putty, other mastics and painters' fillings in Asia, creating X% of total export. It was distantly followed by Uzbekistan (X tons) and Kazakhstan (X tons), together constituting a X% share of total exports. India (X tons), Malaysia (X tons), Japan (X tons), Thailand (X tons) and Saudi Arabia (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Azerbaijan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest glaziers, grafting putty and painters' filling supplying countries in Asia were China ($X), Turkey ($X) and Japan ($X), together comprising X% of total exports. South Korea, the United Arab Emirates, Malaysia, Thailand, Kazakhstan, India, Saudi Arabia, Uzbekistan and Azerbaijan lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Azerbaijan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, dropping by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

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

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports in Asia

In 2022, the amount of glaziers putty, grafting putty, other mastics and painters' fillings imported in Asia rose notably to X tons, with an increase of X% compared with the year before. Total imports indicated a prominent increase 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 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings reached $X in 2022. Total imports indicated buoyant 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 appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Turkey (X tons), China (X tons), Georgia (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), India (X tons), Vietnam (X tons), Tajikistan (X tons), Kazakhstan (X tons), Thailand (X tons), Taiwan (Chinese) (X tons) and Kyrgyzstan (X tons) represented roughly X% of total imports in 2022. Yemen (X tons) followed a long way behind the leaders.

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

In value terms, China ($X) constitutes the largest market for imported glaziers putty, grafting putty, other mastics and painters' fillings in Asia, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, flattening at the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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