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ASEAN - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights
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View PricingASEAN: Insulating Board Market 2024
Insulating Board Market Size in ASEAN
In 2022, the ASEAN insulating board market increased by 8.7% to $X, rising for the third consecutive year after two years of decline. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.
Insulating Board Production in ASEAN
In value terms, insulating board production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 20%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.
Insulating Board Exports
Exports in ASEAN
In 2022, insulating board exports in ASEAN skyrocketed to X cubic meters, increasing by 17% on 2021 figures. In general, exports, however, recorded a mild downturn. Over the period under review, the exports reached the maximum at X cubic meters in 2016; however, from 2017 to 2022, the exports remained at a lower figure.
In value terms, insulating board exports soared to $X in 2022. Over the period under review, exports, however, saw a deep setback. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
Exports by Country
Thailand represented the largest exporting country with an export of about X cubic meters, which amounted to 84% of total exports. It was distantly followed by Malaysia (X cubic meters), committing a 16% share of total exports.
Thailand was also the fastest-growing in terms of the insulating board exports, with a CAGR of +3.2% from 2012 to 2022. Malaysia (-10.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand increased by +33 percentage points.
In value terms, Thailand ($X) remains the largest insulating board supplier in ASEAN, comprising 76% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 23% share of total exports.
In Thailand, insulating board exports remained relatively stable over the period from 2012-2022.
Export Prices by Country
The export price in ASEAN stood at $X per cubic meter in 2022, increasing by 3.2% against the previous year. In general, the export price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of 20% against the previous year. Over the period under review, the export prices attained the peak figure at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per cubic meter), while Thailand stood at $X per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-2.5%).
Insulating Board Imports
Imports in ASEAN
In 2022, approx. X cubic meters of insulating board were imported in ASEAN; with an increase of 83% against the previous year. In general, imports, however, recorded a deep downturn. The volume of import peaked at X cubic meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, insulating board imports skyrocketed to $X in 2022. Overall, imports, however, showed a deep slump. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
Imports by Country
The Philippines represented the major importing country with an import of around X cubic meters, which amounted to 53% of total imports. It was distantly followed by Vietnam (X cubic meters), Indonesia (X cubic meters) and Malaysia (X cubic meters), together generating a 43% share of total imports. Thailand (X cubic meters) held a relatively small share of total imports.
The Philippines was also the fastest-growing in terms of the insulating board imports, with a CAGR of +50.0% from 2012 to 2022. Indonesia (-4.4%), Thailand (-4.7%), Malaysia (-14.7%) and Vietnam (-16.0%) illustrated a downward trend over the same period. The Philippines (+53 p.p.) and Indonesia (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Malaysia and Vietnam saw its share reduced by -10.3% and -43.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest insulating board importing markets in ASEAN were the Philippines ($X), Vietnam ($X) and Indonesia ($X), together comprising 85% of total imports.
In terms of the main importing countries, the Philippines, with a CAGR of +40.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.
Import Prices by Country
In 2022, the import price in ASEAN amounted to $X per cubic meter, falling by -21.2% against the previous year. In general, the import price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2021 when the import price increased by 37%. The level of import peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per cubic meter), while the Philippines ($X per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1.3%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the insulating board market in ASEAN. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1650 - Other fibreboard
Country coverage:
- Brunei Darussalam
- Cambodia
- Indonesia
- Lao People's Democratic Republic
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ASEAN, split by region and country
- Trade (exports and imports) in ASEAN
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
- Lao People's Democratic Republic
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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