China: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in China

The Chinese articles of fiber cement market declined modestly to $X in 2022, which is down by X% against the previous year. In general, consumption showed a slight reduction. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in China

In value terms, articles of fiber cement production dropped modestly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

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Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from China

In 2022, overseas shipments of articles of asbestos-cement, cellulose fiber-cement or the like decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a temperate 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. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then declined modestly in the following year.

In value terms, articles of fiber cement exports rose remarkably to $X in 2022. In general, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

The UK (X tons), South Korea (X tons) and Australia (X tons) were the main destinations of articles of fiber cement exports from China, together comprising X% of total exports. The Philippines, Hong Kong SAR, Singapore, the United States, Belgium, Bangladesh, Taiwan (Chinese), New Zealand, Myanmar and Vietnam lagged somewhat behind, together accounting for a further X%.

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

In value terms, Australia ($X), Hong Kong SAR ($X) and South Korea ($X) appeared to be the largest markets for articles of fiber cement exported from China worldwide, together comprising X% of total exports. The UK, the United States, Singapore, Vietnam, Taiwan (Chinese), the Philippines, Bangladesh, Belgium, New Zealand and Myanmar lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Bangladesh, 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 average articles of fiber cement export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, export price indicated strong growth 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, articles of fiber cement export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into China

In 2022, the amount of articles of asbestos-cement, cellulose fiber-cement or the like imported into China fell sharply to X tons, declining by X% against 2021 figures. Over the period under review, imports recorded a noticeable decline. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, articles of fiber cement imports expanded markedly to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Japan (X tons), Thailand (X tons) and India (X tons) were the main suppliers of articles of fiber cement imports to China, together comprising X% of total imports. Indonesia, Taiwan (Chinese), France, the Czech Republic, Malaysia and the Philippines lagged somewhat behind, together accounting for a further X%.

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

In value terms, Japan ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to China, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average articles of fiber cement import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price posted moderate growth. The import price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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