Eastern Asia: 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 Eastern Asia

The East Asian market for glaziers putty, grafting putty, other mastics and painters' fillings dropped to $X in 2022, declining by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the market value increased by X%. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

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

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% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

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

Exports in Eastern Asia

Exports of glaziers putty, grafting putty, other mastics and painters' fillings soared to X tons in 2022, jumping by X% compared with the previous year's figure. Total exports indicated a strong expansion 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. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings rose sharply to $X in 2022. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, China (X tons) represented the largest exporter of glaziers putty, grafting putty, other mastics and painters' fillings, comprising X% of total exports. It was distantly followed by South Korea (X tons) and Japan (X tons), together comprising a X% share of total exports. Hong Kong SAR (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the glaziers putty, grafting putty, other mastics and painters' fillings exports, with a CAGR of X% from 2012 to 2022. At the same time, Japan (X%), Hong Kong SAR (X%) and South Korea (X%) displayed positive paces of growth. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and South Korea ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among 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 Eastern Asia stood at $X per ton in 2022, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($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 Eastern Asia

In 2022, imports of glaziers putty, grafting putty, other mastics and painters' fillings in Eastern Asia contracted to X tons, with a decrease of X% on 2021 figures. The total import volume increased at an average annual rate of X% 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 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings reduced to $X in 2022. The total import value increased at an average annual rate of X% 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 2021 with an increase of X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

China was the largest importing country with an import of around X tons, which resulted at X% of total imports. Taiwan (Chinese) (X tons) held the second position in the ranking, followed by South Korea (X tons), Hong Kong SAR (X tons), Japan (X tons) and Macao SAR (X tons). All these countries together held near X% share of total imports. Democratic People's Republic of Korea (X tons) took a minor share of total imports.

China experienced a relatively flat trend pattern with regard to volume of imports of glaziers putty, grafting putty, other mastics and painters' fillings. At the same time, Democratic People's Republic of Korea (X%), Hong Kong SAR (X%), South Korea (X%), Taiwan (Chinese) (X%) and Macao SAR (X%) displayed positive paces of growth. Moreover, Democratic People's Republic of Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. Democratic People's Republic of Korea (X p.p.), Hong Kong SAR (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total imports, while China 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, China ($X) constitutes the largest market for imported glaziers putty, grafting putty, other mastics and painters' fillings in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by South Korea, with an X% share.

In China, imports of glaziers putty, grafting putty, other mastics and painters' fillings increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform

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