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 Asia

The Asian articles of fiber cement market reduced modestly to $X in 2023, with a decrease of X% against the previous year. In general, consumption recorded a deep downturn. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

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

In value terms, articles of fiber cement production shrank to $X in 2023 estimated in export price. Over the period under review, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

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

Exports in Asia

After three years of growth, overseas shipments of articles of asbestos-cement, cellulose fiber-cement or the like decreased by X% to X tons in 2023. Total exports indicated a strong increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked at X tons in 2022, and then contracted slightly in the following year.

In value terms, articles of fiber cement exports declined to $X in 2023. Total exports indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2022, and then declined slightly in the following year.

Exports by Country

Thailand represented the key exporting country with an export of about X tons, which recorded X% of total exports. China (X tons) ranks second in terms of the total exports with a X% share, followed by Malaysia (X%), India (X%) and Indonesia (X%). The following exporters - Turkey (X tons) and Kyrgyzstan (X tons) - each resulted at a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to articles of fiber cement exports from Thailand stood at X%. At the same time, Indonesia (X%), Kyrgyzstan (X%), India (X%) and China (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. Turkey experienced a relatively flat trend pattern. By contrast, Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Thailand, Indonesia, India and Kyrgyzstan increased by X, X, X and X percentage points, respectively.

In value terms, the largest articles of fiber cement supplying countries in Asia were Thailand ($X), China ($X) and Malaysia ($X), together accounting for X% of total exports. India, Turkey, Indonesia and Kyrgyzstan lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, recorded 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 leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, remaining constant against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Asia

After three years of growth, overseas purchases of articles of asbestos-cement, cellulose fiber-cement or the like decreased by X% to X tons in 2023. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2022, and then dropped in the following year.

In value terms, articles of fiber cement imports contracted to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2022, and then reduced in the following year.

Imports by Country

In 2023, the Philippines (X tons), distantly followed by Taiwan (Chinese) (X tons), Lao People's Democratic Republic (X tons), South Korea (X tons) and Malaysia (X tons) were the largest importers of articles of asbestos-cement, cellulose fiber-cement or the like, together constituting X% of total imports. The following importers - Kazakhstan (X tons), Nepal (X tons), Azerbaijan (X tons), Myanmar (X tons), the United Arab Emirates (X tons), Pakistan (X tons), Vietnam (X tons) and Turkey (X tons) - together made up X% of total imports.

Imports into the Philippines increased at an average annual rate of X% from 2012 to 2023. At the same time, Pakistan (X%), Turkey (X%), Myanmar (X%), Nepal (X%), Malaysia (X%), Taiwan (Chinese) (X%), South Korea (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. Lao People's Democratic Republic experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (X%), Azerbaijan (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. While the share of the Philippines (X p.p.), Malaysia (X p.p.), Taiwan (Chinese) (X p.p.), Myanmar (X p.p.), Pakistan (X p.p.), Nepal (X p.p.) and Turkey (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of the United Arab Emirates (X p.p.), Lao People's Democratic Republic (X p.p.), Azerbaijan (X p.p.) and Kazakhstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest articles of fiber cement importing markets in Asia were the Philippines ($X), Kazakhstan ($X) and Taiwan (Chinese) ($X), with a combined X% share of total imports. Vietnam, South Korea, Lao People's Democratic Republic, Malaysia, the United Arab Emirates, Turkey, Myanmar, Nepal, Azerbaijan and Pakistan lagged somewhat behind, together accounting for a further X%.

Pakistan, with a CAGR of X%, saw the highest growth rate of 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 Asia stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform