South-Eastern Asia: Wallpaper Market 2024

Wallpaper Market Size in South-Eastern Asia

The Southeast Asian wallpaper market rose modestly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Wallpaper Production in South-Eastern Asia

In value terms, wallpaper production expanded sharply to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Wallpaper Exports

Exports in South-Eastern Asia

In 2022, the amount of wallpaper and wall coverings exported in South-Eastern Asia shrank dramatically to X tons, with a decrease of X% on 2021. Overall, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, wallpaper exports shrank sharply to $X in 2022. Over the period under review, exports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell markedly in the following year.

Exports by Country

Malaysia was the main exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Singapore (X tons), the Philippines (X tons) and Vietnam (X tons), together constituting a X% share of total exports. Thailand (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to wallpaper exports from Malaysia stood at X%. At the same time, the Philippines (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Vietnam experienced a relatively flat trend pattern. By contrast, Thailand (X%) and Singapore (X%) illustrated a downward trend over the same period. Malaysia (X p.p.), the Philippines (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore 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, Malaysia ($X), the Philippines ($X) and Singapore ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries 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 South-Eastern Asia stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2019; however, from 2020 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 the Philippines ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Wallpaper Imports

Imports in South-Eastern Asia

Wallpaper imports shrank slightly to X tons in 2022, remaining stable against 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, wallpaper imports dropped to $X in 2022. Overall, imports showed a mild reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of wallpaper imports in 2022 were Singapore (X tons), Indonesia (X tons), Thailand (X tons) and Malaysia (X tons), together recording X% of total import. It was distantly followed by Cambodia (X tons), generating an X% share of total imports. The following importers - the Philippines (X tons) and Vietnam (X tons) - together made up X% of total imports.

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

In value terms, the largest wallpaper importing markets in South-Eastern Asia were Malaysia ($X), Thailand ($X) and Indonesia ($X), together accounting for X% of total imports. Singapore, the Philippines, Vietnam and Cambodia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Cambodia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, dropping by X% against the previous year. Overall, the import price showed a pronounced decline. The pace of growth was the most pronounced in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained 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 the Philippines ($X per ton), while Cambodia ($X per ton) 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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