Asia-Pacific: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Asia-Pacific

The Asia-Pacific market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders rose to $X in 2022, growing by X% against the previous year. The total consumption indicated prominent 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, consumption increased by X% against 2012 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in years to come.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Asia-Pacific

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X in 2022 estimated in export price. The total production 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in Asia-Pacific

Exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders shrank to X square meters in 2022, dropping by X% against the year before. In general, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at X square meters in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders skyrocketed to $X in 2022. The total export 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China represented the largest exporting country with an export of about X square meters, which accounted for X% of total exports. It was distantly followed by Japan (X square meters) and Thailand (X square meters), together mixing up a X% share of total exports. Malaysia (X square meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports from China stood at X%. At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) and Malaysia (X%) illustrated a downward trend over the same period. While the share of Japan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (X p.p.), China (X p.p.) and Thailand (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In China, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per thousand square meters in 2022, rising by X% against the previous year. Over the period under review, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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 ($X per thousand square meters), while Thailand ($X per thousand square meters) 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 Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in Asia-Pacific

Imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders skyrocketed to X square meters in 2022, jumping by X% on 2021 figures. Total imports indicated a strong 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 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders skyrocketed 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 throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Myanmar represented the main importing country with an import of about X square meters, which finished at X% of total imports. It was distantly followed by Australia (X square meters), constituting a X% share of total imports. South Korea (X square meters), Malaysia (X square meters), Singapore (X square meters), Thailand (X square meters), Vietnam (X square meters), Cambodia (X square meters), Maldives (X square meters), India (X square meters), Hong Kong SAR (X square meters), Fiji (X square meters) and the Philippines (X square meters) held a minor share of total imports.

Myanmar was also the fastest-growing in terms of the boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders imports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%), Fiji (X%), Cambodia (X%), Maldives (X%), Singapore (X%), India (X%), Australia (X%) and Vietnam (X%) displayed positive paces of growth. Hong Kong SAR experienced a relatively flat trend pattern. By contrast, Malaysia (X%), South Korea (X%) and the Philippines (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Myanmar and Thailand increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Myanmar ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In Australia, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Myanmar (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per thousand square meters, jumping by X% against the previous year. Over the period under review, the import price, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per thousand square meters in 2012; however, from 2013 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 Hong Kong SAR ($X per thousand square meters), while Myanmar ($X per thousand square meters) was amongst the lowest.

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

Source: IndexBox Platform

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