Asia-Pacific: Market for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos 2024

Market Size for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in Asia-Pacific

In 2022, the Asia-Pacific market for articles of cellulose fibre-cement, not containing asbestos was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption recorded prominent growth. Over the period under review, the market reached the peak level at $X in 2019; afterwards, it flattened through to 2022.

Production of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in Asia-Pacific

In value terms, production of articles of cellulose fibre-cement, not containing asbestos declined to $X in 2022 estimated in export price. Over the period under review, production posted a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Exports in Asia-Pacific

In 2022, after two years of growth, there was significant decline in overseas shipments of articles of cellulose fibre-cement, not containing asbestos, when their volume decreased by X% to X tons. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos contracted to $X in 2022. Overall, exports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

In 2022, Australia (X tons) represented the major exporter of articles of cellulose fibre-cement, not containing asbestos, constituting X% of total exports. China (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (X%) and Thailand (X%). India (X tons), South Korea (X tons) and Vietnam (X tons) took a little share of total exports.

Australia was also the fastest-growing in terms of the articles of cellulose fibre-cement, not containing asbestos exports, with a CAGR of X% from 2012 to 2022. At the same time, Indonesia (X%) displayed positive paces of growth. China, South Korea and India experienced a relatively flat trend pattern. By contrast, Vietnam (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia, China, Indonesia, India, South Korea and Vietnam increased by X, X, X, X, X and X percentage points, respectively.

In value terms, Australia ($X), China ($X) and Vietnam ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Australia, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the export price in Asia-Pacific amounted to $X per ton, picking up by X% against the previous year. In general, the export price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2015 an increase of X%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 ($X per ton), while Indonesia ($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.

Imports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Imports in Asia-Pacific

In 2022, supplies from abroad of articles of cellulose fibre-cement, not containing asbestos decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos shrank to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then reduced modestly in the following year.

Imports by Country

In 2022, Australia (X tons) and Japan (X tons) represented the key importers of articles of cellulose fibre-cement, not containing asbestos in Asia-Pacific, together accounting for near X% of total imports. Lao People's Democratic Republic (X tons) held the next position in the ranking, followed by Singapore (X tons), Afghanistan (X tons) and Papua New Guinea (X tons). All these countries together held approx. X% share of total imports. Vietnam (X tons), South Korea (X tons), Malaysia (X tons), Brunei Darussalam (X tons), Pakistan (X tons), Cambodia (X tons) and Bhutan (X tons) held a little share of total imports.

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

In value terms, Vietnam ($X) constitutes the largest market for imported articles of cellulose fibre-cement, not containing asbestos in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Australia (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price saw a resilient increase. The growth pace was the most rapid in 2016 when the import price increased by X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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