Southern Asia: Market for Wood Concrete Shuttering, Shingles and Shakes 2024

Market Size for Wood Concrete Shuttering, Shingles and Shakes in Southern Asia

The South Asian market for wood concrete shuttering, shingles and shakes contracted to $X in 2023, standing approx. at the previous year. The total consumption indicated moderate growth 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, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Production of Wood Concrete Shuttering, Shingles and Shakes in Southern Asia

In value terms, wood concrete shuttering and shingle production dropped modestly to $X in 2023 estimated in export price. The total production indicated a temperate expansion from 2012 to 2023: its value 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, production increased by X% against 2021 indices. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Exports of Wood Concrete Shuttering, Shingles and Shakes

Exports in Southern Asia

In 2023, the amount of wood concrete shuttering, shingles and shakes exported in Southern Asia expanded significantly to X tons, picking up by X% against 2022. In general, exports enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, wood concrete shuttering and shingle exports shrank significantly to $X in 2023. Over the period under review, exports, however, recorded a mild curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then contracted notably in the following year.

Exports by Country

The biggest shipments were from India (X tons), together accounting for X% of total export.

India was also the fastest-growing in terms of the wood concrete shuttering, shingles and shakes exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of India increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest wood concrete shuttering and shingle supplier in Southern Asia.

In India, wood concrete shuttering and shingle exports remained relatively stable over the period from 2012-2023.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then dropped sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Wood Concrete Shuttering, Shingles and Shakes

Imports in Southern Asia

In 2023, imports of wood concrete shuttering, shingles and shakes in Southern Asia reduced modestly to X tons, leveling off at 2022. Over the period under review, imports, however, enjoyed a moderate increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports failed to regain momentum.

In value terms, wood concrete shuttering and shingle imports rose modestly to $X in 2023. In general, imports, however, enjoyed pronounced growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, India (X tons) was the key importer of wood concrete shuttering, shingles and shakes, committing X% of total imports. It was distantly followed by Bangladesh (X tons) and Maldives (X tons), together making up a X% share of total imports. Pakistan (X tons), Afghanistan (X tons) and Nepal (X tons) followed a long way behind the leaders.

Imports into India increased at an average annual rate of X% from 2012 to 2023. At the same time, Pakistan (X%), Nepal (X%), Bangladesh (X%) and Maldives (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2023. By contrast, Afghanistan (X%) illustrated a downward trend over the same period. While the share of Bangladesh (X p.p.), Pakistan (X p.p.) and Nepal (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Afghanistan (X p.p.) and India (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported wood concrete shuttering, shingles and shakes in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Maldives ($X), with an X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in India amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Maldives (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Maldives (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform