Overview of the Global Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

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

In 2021, the global articles of fiber cement market increased by less than 0.1% to $X, rising for the second year in a row after seven years of decline. In general, consumption showed a abrupt setback. The pace of growth was the most pronounced in 2020 when the market value increased by 0.8% against the previous year. Over the period under review, the global market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, articles of fiber cement production shrank to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of 19% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

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

Exports

In 2021, the amount of articles of asbestos-cement, cellulose fiber-cement or the like exported worldwide soared to X tons, jumping by 20% against the year before. The total export volume increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, articles of fiber cement exports soared to $X in 2021. The total export value increased at an average annual rate of +4.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Thailand (X tons) was the major exporter of articles of asbestos-cement, cellulose fiber-cement or the like, comprising 27% of total exports. China (X tons) ranks second in terms of the total exports with an 8.1% share, followed by the United States (6.1%), Malaysia (4.6%) and the Czech Republic (4.5%). The following exporters - Belgium (X tons), Russia (X tons), Turkey (X tons), India (X tons), Indonesia (X tons), Mexico (X tons), Italy (X tons) and El Salvador (X tons) - together made up 25% of total exports.

From 2012 to 2021, average annual rates of growth with regard to articles of fiber cement exports from Thailand stood at +11.7%. At the same time, Indonesia (+31.0%), Turkey (+10.7%), India (+9.7%), El Salvador (+8.2%), the United States (+6.8%), China (+4.8%), Mexico (+3.5%), the Czech Republic (+2.0%) and Belgium (+1.4%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in the world, with a CAGR of +31.0% from 2012-2021. By contrast, Italy (-3.0%), Malaysia (-3.8%) and Russia (-8.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Thailand and Indonesia increased by +13 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Thailand ($X) and China ($X) constituted the countries with the highest levels of exports in 2021, with a combined 35% share of global exports. These countries were followed by Belgium, the Czech Republic, Italy, Malaysia, El Salvador, Mexico, Turkey, Russia, India and Indonesia, which together accounted for a further 30%.

Indonesia, with a CAGR of +28.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average articles of fiber cement export price stood at $X per ton in 2021, rising by 5.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the other global leaders experienced more modest paces of growth.

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

Imports

In 2021, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were imported worldwide; with an increase of 11% on the year before. The total import volume increased at an average annual rate of +3.8% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, articles of fiber cement imports surged to $X in 2021. The total import value increased at an average annual rate of +5.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Philippines (X tons), the United States (X tons), the UK (X tons), Taiwan (Chinese) (X tons), Canada (X tons), Denmark (X tons), France (X tons), South Korea (X tons), New Zealand (X tons), Lao People's Democratic Republic (X tons), Germany (X tons) and the Netherlands (X tons) represented roughly 57% of total imports in 2021. Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in New Zealand (with a CAGR of +29.0%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest articles of fiber cement importing markets worldwide were Canada ($X), the UK ($X) and the United States ($X), with a combined 27% share of global imports. Denmark, New Zealand, the Philippines, France, Taiwan (Chinese), Germany, the Netherlands, South Korea, Belgium and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further 35%.

In terms of the main importing countries, New Zealand, with a CAGR of +38.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average articles of fiber cement import price stood at $X per ton in 2021, growing by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+7.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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