Thailand: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in Thailand

The Thai market for boards, sheets, panels, tiles and similar articles of plaster faced with paper reduced modestly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021, and then fell modestly in the following year.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in Thailand

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster faced with paper dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Exports from Thailand

In 2022, shipments abroad of boards, sheets, panels, tiles and similar articles of plaster faced with paper was finally on the rise to reach X square meters for the first time since 2018, thus ending a three-year declining trend. Overall, total exports indicated slight 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, exports decreased by X% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at X square meters in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster faced with paper reached $X in 2022. Over the period under review, total exports indicated a noticeable 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. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Cambodia (X square meters), Vietnam (X square meters) and Singapore (X square meters) were the main destinations of exports of boards, sheets, panels, tiles and similar articles of plaster faced with paper from Thailand, with a combined X% share of total exports. Malaysia, Myanmar, the Philippines, Lao People's Democratic Republic, New Zealand, Hong Kong SAR and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Cambodia ($X) remains the key foreign market for boards, sheets, panels, tiles and similar articles of plaster faced with paper exports from Thailand, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Myanmar, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Cambodia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Myanmar (X% per year).

Export Prices by Country

In 2022, the average export price for boards, sheets, panels, tiles and similar articles of plaster faced with paper amounted to $X per square meter, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per square meter), while the average price for exports to Malaysia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Imports into Thailand

In 2022, purchases abroad of boards, sheets, panels, tiles and similar articles of plaster faced with paper decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at X square meters in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster faced with paper contracted significantly to $X in 2022. Overall, imports recorded a deep slump. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of board, sheet, panel and tile faced with paper to Thailand, with a X% share of total imports. Moreover, imports of boards, sheets, panels, tiles and similar articles of plaster faced with paper from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X square meters), threefold. Germany (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Germany (X% per year).

In value terms, the largest board, sheet, panel and tile faced with paper suppliers to Thailand were China ($X), Taiwan (Chinese) ($X) and Germany ($X), with a combined X% share of total imports.

Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for boards, sheets, panels, tiles and similar articles of plaster faced with paper amounted to $X per square meter, remaining constant against the previous year. In general, the import price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The import price peaked at $X per square meter in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per square meter), while the price for Indonesia ($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 the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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