Asia-Pacific: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Asia-Pacific

The Asia-Pacific market for floor, wall or ceiling coverings of plastics fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, enjoyed strong growth. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in Asia-Pacific

In value terms, production of floor, wall or ceiling coverings of plastics declined to $X in 2022 estimated in export price. The total production indicated a prominent expansion 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports in Asia-Pacific

In 2022, overseas shipments of floor, wall or ceiling coverings of plastics decreased by X% to X square meters, falling for the third year in a row after eight years of growth. Overall, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports of attained the peak figure at X square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of floor, wall or ceiling coverings of plastics amounted to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

China was the key exporting country with an export of about X square meters, which reached X% of total exports. South Korea (X square meters) held the second position in the ranking, followed by Vietnam (X square meters). All these countries together took approx. X% share of total exports. Taiwan (Chinese) (X square meters) took a relatively small share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), South Korea (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. While the share of Vietnam (X p.p.) and South Korea (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest plastic floor, wall and ceiling coverings supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and South Korea (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per square meter in 2022, standing approx. at the previous year. Overall, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per square meter), while South Korea ($X per square meter) 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 a decline in the export price figures.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports in Asia-Pacific

In 2022, the amount of floor, wall or ceiling coverings of plastics imported in Asia-Pacific reached X square meters, with an increase of X% on 2021 figures. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, imports of floor, wall or ceiling coverings of plastics rose remarkably to $X in 2022. Total imports indicated a buoyant expansion 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 2012 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Australia (X square meters), distantly followed by Indonesia (X square meters), Malaysia (X square meters), Taiwan (Chinese) (X square meters), Singapore (X square meters), Japan (X square meters), India (X square meters), the Philippines (X square meters) and South Korea (X square meters) represented the key importers of floor, wall or ceiling coverings of plastics, together creating X% of total imports. Vietnam (X square meters) held a relatively small share of total imports.

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

In value terms, Australia ($X) constitutes the largest market for imported floor, wall or ceiling coverings of plastics in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

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

Import Prices by Country

The import price in Asia-Pacific stood at $X per square meter in 2022, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2020 an increase of X%. The level of import peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Japan ($X per square meter), while the Philippines ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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