Asia: Matches Market 2024

Matches Market Size in Asia

The Asian matches market was estimated at $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Matches Production in Asia

In value terms, matches production totaled $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Matches Exports

Exports in Asia

In 2022, overseas shipments of matches decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a slight decline. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, matches exports declined modestly to $X in 2022. In general, exports recorded a slight slump. 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 attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, India (X tons) represented the key exporter of matches, achieving X% of total exports. Pakistan (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. China (X tons), the United Arab Emirates (X tons) and Israel (X tons) held a relatively small share of total exports.

Exports from India increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Israel experienced a relatively flat trend pattern. By contrast, China (X%), Pakistan (X%) and Indonesia (X%) illustrated a downward trend over the same period. While the share of India (X p.p.), Israel (X p.p.) and the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Pakistan (X p.p.) and Indonesia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest matches supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with a X% share of total exports. It was followed by China, with a X% share.

In India, matches exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 China ($X per ton), while the United Arab Emirates ($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 more modest paces of growth.

Matches Imports

Imports in Asia

In 2022, matches imports in Asia shrank to X tons, which is down by X% against the year before. Overall, imports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, matches imports fell to $X in 2022. In general, imports recorded a pronounced shrinkage. 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 reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of matches imports in 2022 were Kazakhstan (X tons), Afghanistan (X tons), Yemen (X tons), Azerbaijan (X tons), Kyrgyzstan (X tons), the United Arab Emirates (X tons), Georgia (X tons) and Uzbekistan (X tons), together accounting for X% of total import. Pakistan (X tons), Armenia (X tons), Tajikistan (X tons), Israel (X tons) and Thailand (X tons) followed a long way behind the leaders.

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

In value terms, the largest matches importing markets in Asia were Kazakhstan ($X), Afghanistan ($X) and Azerbaijan ($X), with a combined X% share of total imports. Kyrgyzstan, Georgia, the United Arab Emirates, Yemen, Uzbekistan, Pakistan, Israel, Armenia, Tajikistan and Thailand lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest growth rate of 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, surging by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

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

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

Source: IndexBox Platform

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