South-Eastern Asia: Market for Non-PVC Floor, Wall and Ceiling Coverings 2024

Market Size for Non-PVC Floor, Wall and Ceiling Coverings in South-Eastern Asia

The Southeast Asian market for non-PVC floor, wall and ceiling coverings reduced modestly to $X in 2022, which is down by X% against the previous year. In general, consumption, however, continues to indicate a buoyant increase. The level of consumption peaked at $X in 2021, and then reduced modestly in the following year.

Production of Non-PVC Floor, Wall and Ceiling Coverings in South-Eastern Asia

In value terms, production of non-PVC floor, wall and ceiling coverings declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Non-PVC Floor, Wall and Ceiling Coverings

Exports in South-Eastern Asia

In 2022, overseas shipments of non-PVC floor, wall and ceiling coverings decreased by X% to X square meters, falling for the second consecutive year after four years of growth. Total exports indicated a buoyant 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 decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of export peaked at X square meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of non-PVC floor, wall and ceiling coverings shrank slightly to $X in 2022. Total exports 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, exports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam was the largest exporting country with an export of about X square meters, which amounted to X% of total exports. It was distantly followed by Indonesia (X square meters), Singapore (X square meters) and Malaysia (X square meters), together generating a X% share of total exports. Thailand (X square meters) held a relatively small share of total exports.

Vietnam was also the fastest-growing in terms of the non-PVC floor, wall and ceiling coverings exports, with a CAGR of X% from 2012 to 2022. At the same time, Malaysia (X%) and Indonesia (X%) displayed positive paces of growth. By contrast, Singapore (X%) and Thailand (X%) illustrated a downward trend over the same period. Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia, Indonesia, Singapore and Thailand saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, Vietnam ($X) remains the largest non-PVC floor, wall and ceiling coverings supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with an X% share of total exports. It was followed by Singapore, with a X% share.

In Vietnam, exports of non-PVC floor, wall and ceiling coverings 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: Indonesia (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per square meter, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per square meter), while Indonesia ($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 Thailand (X%), while the other leaders experienced more modest paces of growth.

Imports of Non-PVC Floor, Wall and Ceiling Coverings

Imports in South-Eastern Asia

In 2022, purchases abroad of non-PVC floor, wall and ceiling coverings decreased by X% to X square meters for the first time since 2017, thus ending a four-year rising trend. Total imports indicated a strong 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. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports of hit record highs at X square meters in 2021, and then contracted modestly in the following year.

In value terms, imports of non-PVC floor, wall and ceiling coverings reached $X in 2022. Total imports indicated resilient 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 2014 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the Philippines (X square meters) and Indonesia (X square meters) were the main importers of non-PVC floor, wall and ceiling coverings in South-Eastern Asia, together finishing at approx. X% of total imports. It was distantly followed by Singapore (X square meters), Vietnam (X square meters), Thailand (X square meters) and Malaysia (X square meters), together mixing up a X% share of total imports. Myanmar (X square meters) held a minor share of total imports.

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

In value terms, the largest non-PVC floor, wall and ceiling coverings importing markets in South-Eastern Asia were Indonesia ($X), Thailand ($X) and Vietnam ($X), with a combined X% share of total imports.

Among the main importing countries, Vietnam, 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, picking up by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per square meter), while the Philippines ($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 Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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