Asia-Pacific: Matches Market 2024

Matches Market Size in Asia-Pacific

The Asia-Pacific matches market expanded markedly to $X in 2022, rising by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Matches Production in Asia-Pacific

In value terms, matches production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Matches Exports

Exports in Asia-Pacific

After three years of growth, shipments abroad of matches decreased by X% to X tons in 2022. Over the period under review, exports recorded a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, matches exports fell to $X in 2022. Overall, exports saw a pronounced setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, India (X tons) was the major exporter of matches, mixing up X% of total exports. Pakistan (X tons) took the second position in the ranking, followed by Indonesia (X tons). All these countries together held near X% share of total exports. China (X tons) held a little share of total exports.

India was also the fastest-growing in terms of the matches exports, with a CAGR of X% from 2012 to 2022. China (X%), Pakistan (X%) and Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest matches supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with a X% share of total exports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India was relatively modest. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and China (X% per year).

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. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 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 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 mixed trends in the export price figures.

Matches Imports

Imports in Asia-Pacific

In 2022, overseas purchases of matches decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports saw a noticeable contraction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, matches imports shrank to $X in 2022. Over the period under review, imports recorded a perceptible slump. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Afghanistan represented the major importing country with an import of about X tons, which amounted to X% of total imports. Australia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Pakistan (X%), Solomon Islands (X%), Thailand (X%) and Vietnam (X%). New Zealand (X tons) followed a long way behind the leaders.

Imports into Afghanistan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), Pakistan (X%), Thailand (X%), Solomon Islands (X%), Australia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Pakistan (X p.p.), Australia (X p.p.), Vietnam (X p.p.), Thailand (X p.p.) and Solomon Islands (X p.p.) significantly strengthened its position in terms of the total imports, while Afghanistan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X), Australia ($X) and Solomon Islands ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Pakistan, Vietnam, Thailand and New Zealand lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in Asia-Pacific amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 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 Pakistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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