South-Eastern Asia: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in South-Eastern Asia

In 2022, the Southeast Asian market for boards, sheets, panels, or tiles of gypsum or plaster decreased by X% to $X, falling for the third consecutive year after two years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in South-Eastern Asia

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports in South-Eastern Asia

In 2022, shipments abroad of boards, sheets, panels, or tiles of gypsum or plaster increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The volume of export peaked at X square meters in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster totaled $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand prevails in plaster structure, resulting at X square meters, which was near X% of total exports in 2022. It was distantly followed by Malaysia (X square meters) and Indonesia (X square meters), together comprising a X% share of total exports.

Thailand was also the fastest-growing in terms of the boards, sheets, panels, or tiles of gypsum or plaster exports, with a CAGR of X% from 2012 to 2022. Indonesia (X%) and Malaysia (X%) illustrated a downward trend over the same period. Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia 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, Thailand ($X) remains the largest board, sheet, panel, tile and similar article of plaster supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

In Thailand, exports of boards, sheets, panels, or tiles of gypsum or plaster expanded 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

The export price in South-Eastern Asia stood at $X per square meter in 2022, picking up by X% against the previous year. In general, the export price continues to indicate slight growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per square meter), while Malaysia ($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 Thailand (X%), while the other leaders experienced a decline in the export price figures.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports in South-Eastern Asia

For the sixth consecutive year, South-Eastern Asia recorded decline in purchases abroad of boards, sheets, panels, or tiles of gypsum or plaster, which decreased by X% to X square meters in 2022. Over the period under review, imports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2014 when imports increased by X%. The volume of import peaked at X square meters in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster amounted to $X in 2022. Overall, imports recorded a mild reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X square meters), Cambodia (X square meters), Singapore (X square meters), the Philippines (X square meters), Vietnam (X square meters) and Myanmar (X square meters) was the key importer of boards, sheets, panels, or tiles of gypsum or plaster in South-Eastern Asia, committing X% of total import. It was distantly followed by Lao People's Democratic Republic (X square meters), constituting a X% 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, the largest board, sheet, panel, tile and similar article of plaster importing markets in South-Eastern Asia were Singapore ($X), the Philippines ($X) and Malaysia ($X), together comprising X% of total imports. Cambodia, Vietnam, Myanmar and Lao People's Democratic Republic lagged somewhat behind, together comprising a further X%.

Lao People's Democratic Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per square meter), while Myanmar ($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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