South-Eastern Asia: Plaster Article Market 2024

Plaster Article Market Size in South-Eastern Asia

The Southeast Asian plaster article market stood at $X in 2022, approximately reflecting the previous year. The total consumption indicated noticeable growth 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 decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Plaster Article Production in South-Eastern Asia

In value terms, plaster article production reached $X in 2022 estimated in export price. The total production indicated perceptible growth 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 decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Plaster Article Exports

Exports in South-Eastern Asia

In 2022, after three years of decline, there was growth in overseas shipments of articles of plaster or of compositions based on plaster, when their volume increased by X% to X square meters. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X square meters in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, plaster article exports reached $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand prevails in exports structure, reaching X square meters, which was approx. X% of total exports in 2022. It was distantly followed by Indonesia (X square meters), achieving a X% share of total exports. Malaysia (X square meters) held a minor share of total exports.

Thailand experienced a relatively flat trend pattern with regard to volume of exports of articles of plaster or of compositions based on plaster. Indonesia (X%) and Malaysia (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Indonesia (X p.p.) and Malaysia (X p.p.) displayed negative dynamics.

In value terms, Thailand ($X) remains the largest plaster article supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

In Thailand, plaster article 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: Malaysia (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per square meter, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the export price increased by X%. The level of export peaked at $X per square meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Malaysia ($X per square meter), while Indonesia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the export price figures.

Plaster Article Imports

Imports in South-Eastern Asia

In 2022, plaster article imports in South-Eastern Asia reduced slightly to X square meters, waning by X% on 2021. Overall, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X square meters in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, plaster article imports dropped to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the five major importers of articles of plaster or of compositions based on plaster, namely Singapore, Vietnam, Cambodia, Malaysia and Myanmar, represented more than two-thirds of total import. It was distantly followed by the Philippines (X square meters), constituting an X% share of total imports. Lao People's Democratic Republic (X square meters) held a minor share of total imports.

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

In value terms, Vietnam ($X), Singapore ($X) and Cambodia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The Philippines, Myanmar, Malaysia and Lao People's Democratic Republic lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Lao People's Democratic Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per square meter in 2022, declining by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per square meter, and then contracted in the following year.

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 the Philippines ($X per square meter), while Malaysia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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