Southern Asia: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Southern Asia

The South Asian articles of fiber cement market reduced to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Southern Asia

In value terms, articles of fiber cement production contracted modestly to $X in 2022 estimated in export price. In general, production recorded a slight reduction. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

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Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports in Southern Asia

In 2022, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were exported in Southern Asia; jumping by X% on the year before. Over the period under review, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, articles of fiber cement exports skyrocketed to $X in 2022. In general, exports showed prominent growth. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

India was the key exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Sri Lanka (X tons), achieving an X% share of total exports.

Exports from India increased at an average annual rate of X% from 2012 to 2022. At the same time, Sri Lanka (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Sri Lanka increased by X percentage points.

In value terms, India ($X) remains the largest articles of fiber cement supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports.

In India, articles of fiber cement exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Sri Lanka amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports in Southern Asia

In 2022, the amount of articles of asbestos-cement, cellulose fiber-cement or the like imported in Southern Asia fell sharply to X tons, shrinking by X% on 2021 figures. Total imports indicated resilient growth 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 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then plummeted in the following year.

In value terms, articles of fiber cement imports fell dramatically to $X in 2022. Total imports indicated a prominent increase 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 was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then dropped markedly in the following year.

Imports by Country

The countries with the highest levels of articles of fiber cement imports in 2022 were Nepal (X tons), Pakistan (X tons) and India (X tons), together accounting for X% of total import. It was distantly followed by Maldives (X tons), generating a X% share of total imports. Bangladesh (X tons) and Afghanistan (X tons) took a relatively small share of total imports.

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

In value terms, India ($X), Nepal ($X) and Pakistan ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Pakistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 Southern Asia stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in 2014 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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