Asia-Pacific: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Asia-Pacific

In 2022, after two years of growth, there was decline in the Asia-Pacific market for glaziers putty, grafting putty, other mastics and painters' fillings, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Asia-Pacific

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports in Asia-Pacific

In 2022, overseas shipments of glaziers putty, grafting putty, other mastics and painters' fillings increased by X% to X tons, rising for the second year in a row after two years of decline. Total exports indicated resilient growth 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 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings expanded significantly to $X in 2022. Over the period under review, exports posted a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

China represented the largest exporter of glaziers putty, grafting putty, other mastics and painters' fillings in Asia-Pacific, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. South Korea (X tons) held the second position in the ranking, distantly followed by India (X tons), Malaysia (X tons), Japan (X tons) and Thailand (X tons). All these countries together held near X% share of total exports. Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to glaziers, grafting putty and painters' filling exports from China stood at X%. At the same time, India (X%), Malaysia (X%), Thailand (X%), Japan (X%) and South Korea (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. China (X p.p.), India (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Japan and South Korea saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest glaziers, grafting putty and painters' filling supplying countries in Asia-Pacific were China ($X), Japan ($X) and South Korea ($X), together comprising X% of total exports.

In terms of the main exporting countries, China, with a CAGR of X%, saw 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

The export price in Asia-Pacific stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then contracted slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while India ($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 Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports in Asia-Pacific

Imports of glaziers putty, grafting putty, other mastics and painters' fillings contracted modestly to X tons in 2022, standing approx. at 2021. Total imports indicated a resilient increase 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. The growth pace was the most rapid in 2014 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings rose sharply to $X in 2022. Total imports indicated a remarkable increase 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 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons), Australia (X tons), India (X tons), Vietnam (X tons), Thailand (X tons), Taiwan (Chinese) (X tons), Malaysia (X tons), Singapore (X tons), South Korea (X tons), Hong Kong SAR (X tons), Indonesia (X tons) and the Philippines (X tons) was the largest importer of glaziers putty, grafting putty, other mastics and painters' fillings in Asia-Pacific, achieving X% of total import.

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

In value terms, China ($X) constitutes the largest market for imported glaziers putty, grafting putty, other mastics and painters' fillings in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an X% share of total imports. It was followed by Australia, with an X% share.

In China, imports of glaziers putty, grafting putty, other mastics and painters' fillings expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Australia (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, picking up by X% against the previous year. In general, the import price recorded 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. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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