ASEAN: Market for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos 2024

Market Size for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in ASEAN

The ASEAN market for articles of cellulose fibre-cement, not containing asbestos rose notably to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption showed a prominent increase. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in ASEAN

In value terms, production of articles of cellulose fibre-cement, not containing asbestos expanded remarkably to $X in 2023 estimated in export price. Over the period under review, production enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Exports in ASEAN

In 2023, after two years of decline, there was growth in overseas shipments of articles of cellulose fibre-cement, not containing asbestos, when their volume increased by X% to X tons. Overall, exports, however, saw a sharp slump. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos declined slightly to $X in 2023. Over the period under review, exports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Thailand represented the largest exporting country with an export of around X tons, which reached X% of total exports. Vietnam (X tons) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%) and Malaysia (X%).

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Indonesia (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Vietnam ($X) remains the largest articles of cellulose fibre-cement, not containing asbestos supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with an X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Vietnam stood at X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the export price, however, enjoyed resilient growth. The growth pace was the most rapid in 2022 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

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

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

Imports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Imports in ASEAN

In 2023, overseas purchases of articles of cellulose fibre-cement, not containing asbestos increased by X% to X tons for the first time since 2018, thus ending a four-year declining trend. Over the period under review, imports, however, recorded a pronounced setback. Over the period under review, imports of attained the maximum at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos surged to $X in 2023. Overall, imports, however, continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

Malaysia was the major importer of articles of cellulose fibre-cement, not containing asbestos in ASEAN, with the volume of imports recording X tons, which was near X% of total imports in 2023. Singapore (X tons) ranks second in terms of the total imports with a X% share, followed by Lao People's Democratic Republic (X%) and Brunei Darussalam (X%).

Malaysia was also the fastest-growing in terms of the articles of cellulose fibre-cement, not containing asbestos imports, with a CAGR of X% from 2012 to 2023. At the same time, Lao People's Democratic Republic (X%) and Brunei Darussalam (X%) displayed positive paces of growth. By contrast, Singapore (X%) illustrated a downward trend over the same period. Malaysia (X p.p.), Lao People's Democratic Republic (X p.p.) and Brunei Darussalam (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest articles of cellulose fibre-cement, not containing asbestos importing markets in ASEAN were Malaysia ($X), Singapore ($X) and Lao People's Democratic Republic ($X), together comprising X% of total imports.

Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in ASEAN amounted to $X per ton, waning by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2022, and then contracted dramatically in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per ton), while Brunei Darussalam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform