Asia-Pacific: 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-Pacific

The Asia-Pacific articles of fiber cement market declined slightly to $X in 2022, waning by X% against the previous year. In general, consumption showed a slight downturn. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

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

In value terms, articles of fiber cement production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable contraction. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. As a result, production attained 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-Pacific

In 2022, exports of articles of asbestos-cement, cellulose fiber-cement or the like in Asia-Pacific rose remarkably to X tons, growing by X% on the previous year. Total exports 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, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are 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 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

Thailand was the largest exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by China (X tons), Malaysia (X tons), India (X tons) and Indonesia (X tons), together achieving a X% share of total exports. The following exporters - Sri Lanka (X tons) and Australia (X tons) - each finished at a X% share of total exports.

Exports from Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Sri Lanka (X%), Indonesia (X%), Australia (X%), India (X%) and China (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Asia-Pacific, 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, India and Sri Lanka 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, Thailand ($X), China ($X) and Malaysia ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Australia, India, Indonesia and Sri Lanka lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Sri Lanka, 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-Pacific amounted to $X per ton, flattening at the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (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-Pacific

For the third year in a row, Asia-Pacific recorded growth in overseas purchases of articles of asbestos-cement, cellulose fiber-cement or the like, which increased by X% to X tons in 2022. Overall, imports showed a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, articles of fiber cement imports soared to $X in 2022. In general, imports posted resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

The Philippines was the main importing country with an import of around X tons, which recorded X% of total imports. Taiwan (Chinese) (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Lao People's Democratic Republic (X%), New Zealand (X%) and South Korea (X%). Australia (X tons), Malaysia (X tons), Myanmar (X tons), Nepal (X tons), Vietnam (X tons), Pakistan (X tons), Papua New Guinea (X tons) and Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to articles of fiber cement imports into the Philippines stood at X%. At the same time, Pakistan (X%), New Zealand (X%), Myanmar (X%), Nepal (X%), Australia (X%), Taiwan (Chinese) (X%), Vietnam (X%), Papua New Guinea (X%), South Korea (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Indonesia and Lao People's Democratic Republic experienced a relatively flat trend pattern. From 2012 to 2022, the share of the Philippines, New Zealand, 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 Philippines ($X), New Zealand ($X) and Taiwan (Chinese) ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

New Zealand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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-Pacific stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Australia ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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