Asia-Pacific: Cement Pipe Market 2024

Cement Pipe Market Size in Asia-Pacific

The Asia-Pacific cement pipe market shrank slightly to $X in 2022, dropping by X% against the previous year. The total consumption indicated a noticeable 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Cement Pipe Production in Asia-Pacific

In value terms, cement pipe production contracted modestly 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 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Cement Pipe Exports

Exports in Asia-Pacific

In 2022, approx. X units of pipes and other articles of cement were exported in Asia-Pacific; waning by X% against the year before. The total export volume 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 most prominent rate of growth was recorded in 2019 when exports increased by X%. The volume of export peaked at X units in 2021, and then dropped dramatically in the following year.

In value terms, cement pipe exports reduced to $X in 2022. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then fell in the following year.

Exports by Country

China (X units) and Malaysia (X units) were the main exporters of pipes and other articles of cement in 2022, amounting to approx. X% and X% of total exports, respectively. India (X units) took the next position in the ranking, followed by Vietnam (X units). All these countries together took near X% share of total exports. Thailand (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

In China, cement pipe exports 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: Vietnam (X% per year) and India (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. Over the period under review, the export prices reached the peak figure 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 ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Cement Pipe Imports

Imports in Asia-Pacific

In 2022, imports of pipes and other articles of cement in Asia-Pacific dropped dramatically to X units, reducing by X% against 2021. In general, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, cement pipe imports dropped to $X in 2022. Total imports indicated a notable 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 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Singapore (X units) represented the largest importer of pipes and other articles of cement, achieving X% of total imports. Indonesia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (X%), Australia (X%) and South Korea (X%). Japan (X units) and Bangladesh (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cement pipe imports into Singapore stood at X%. At the same time, Indonesia (X%), South Korea (X%), Bangladesh (X%), Hong Kong SAR (X%) and Japan (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Australia (X%) illustrated a downward trend over the same period. Indonesia (X p.p.), South Korea (X p.p.), Hong Kong SAR (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore 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, Australia ($X) constitutes the largest market for imported pipes and other articles of cement in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In Australia, cement pipe imports increased 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: Singapore (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 unit, picking up by X% against the previous year. Import price indicated a buoyant increase from 2012 to 2022: its price 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, cement pipe import price increased by X% against 2019 indices. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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 ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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