Southern 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 Southern Asia

The South Asian market for boards, sheets, panels, or tiles of gypsum or plaster expanded slightly to $X in 2022, growing by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Southern Asia

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster reduced to $X in 2022 estimated in export price. In general, production, however, showed a slight slump. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports in Southern Asia

In 2022, exports of boards, sheets, panels, or tiles of gypsum or plaster in Southern Asia reduced to X square meters, with a decrease of X% on the previous year's figure. Overall, exports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports of attained the peak figure at X square meters in 2021, and then fell in the following year.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster rose remarkably to $X in 2022. Over the period under review, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

India prevails in plaster structure, reaching X square meters, which was near X% of total exports in 2022. It was distantly followed by Pakistan (X square meters), constituting an X% share of total exports.

India 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. Pakistan (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total exports, while Pakistan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, India ($X) remains the largest board, sheet, panel, tile and similar article of plaster supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with an X% share of total exports.

In India, 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.

Export Prices by Country

The export price in Southern Asia stood at $X per square meter in 2022, with an increase of X% against the previous year. Overall, the export price showed a tangible expansion. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per square meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per square meter), while India stood at $X per square meter.

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

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

Imports in Southern Asia

In 2022, overseas purchases 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, imports continue to indicate resilient growth. The growth pace was the most rapid in 2014 with an increase of X%. The volume of import peaked at X square meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster skyrocketed to $X in 2022. In general, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

India dominates plaster structure, recording X square meters, which was approx. X% of total imports in 2022. It was distantly followed by Nepal (X square meters), committing an X% share of total imports. Sri Lanka (X square meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to board, sheet, panel, tile and similar article of plaster imports into India stood at X%. At the same time, Nepal (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Sri Lanka (X%) illustrated a downward trend over the same period. India (X p.p.) and Nepal (X p.p.) significantly strengthened its position in terms of the total imports, while Sri Lanka saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported boards, sheets, panels, or tiles of gypsum or plaster in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Nepal ($X), with a X% share of total imports.

In India, imports 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 importing countries recorded the following average annual rates of imports growth: Nepal (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per square meter, increasing by X% against the previous year. In general, the import price, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a 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 Nepal ($X per square meter), while India ($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 Nepal (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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