South-Eastern Asia: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in South-Eastern Asia

For the fourth year in a row, the Southeast Asian market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders recorded growth in sales value, which increased by X% to $X in 2022. The total consumption 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, consumption increased by X% against 2012 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in South-Eastern Asia

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X in 2022 estimated in export price. The total production indicated buoyant 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% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in South-Eastern Asia

For the fourth year in a row, South-Eastern Asia recorded decline in overseas shipments of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, which decreased by X% to X square meters in 2022. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X square meters. From 2017 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders reduced to $X in 2022. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand was the largest exporting country with an export of about X square meters, which accounted for X% of total exports. Malaysia (X square meters) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%).

Exports from Thailand decreased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia and Thailand increased by X and X percentage points, respectively.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplying countries in South-Eastern Asia were Thailand ($X), Malaysia ($X) and Indonesia ($X), together comprising X% of total exports.

In terms of the main exporting countries, Indonesia, 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 a decline in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per thousand square meters in 2022, rising by X% against the previous year. Over the period under review, the export price saw a measured expansion. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per thousand square meters), while Thailand ($X per thousand square meters) 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.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in South-Eastern Asia

In 2022, purchases abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders was finally on the rise to reach X square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded significantly to $X in 2022. Total imports indicated moderate 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Myanmar dominates binders structure, amounting to X square meters, which was approx. X% of total imports in 2022. Malaysia (X square meters) held the second position in the ranking, followed by Singapore (X square meters). All these countries together held near X% share of total imports. Thailand (X square meters), Vietnam (X square meters), Cambodia (X square meters) and the Philippines (X square meters) followed a long way behind the leaders.

Myanmar was also the fastest-growing in terms of the boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders imports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%), Cambodia (X%), Singapore (X%) and Vietnam (X%) displayed positive paces of growth. By contrast, Malaysia (X%) and the Philippines (X%) illustrated a downward trend over the same period. Myanmar (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore, Vietnam, Malaysia and the Philippines saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Myanmar ($X) constitutes the largest market for imported boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Myanmar totaled X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Singapore (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per thousand square meters in 2022, leveling off at the previous year. Overall, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per thousand square meters in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Vietnam ($X per thousand square meters), while Myanmar ($X per thousand square meters) 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 mixed trends in the import price figures.

Source: IndexBox Platform

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