ASEAN: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2025

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in ASEAN

The ASEAN market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders was estimated at $X in 2021, surging by 7% against the previous year. Overall, consumption continues to indicate a resilient expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in ASEAN

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders rose markedly to $X in 2021 estimated in export price. In general, production posted a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 43%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in ASEAN

For the third consecutive year, ASEAN recorded decline in shipments abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, which decreased by -11.4% to X tons in 2021. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of 13% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders dropped to $X in 2021. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of 13%. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Thailand was the key exporting country with an export of about X tons, which finished at 58% of total exports. Malaysia (X tons) ranks second in terms of the total exports with a 34% share, followed by Indonesia (6%).

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +0.5%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Thailand ($X), Malaysia ($X) and Indonesia ($X) were the countries with the highest levels of exports in 2021, together comprising 97% of total exports.

In terms of the main exporting countries, Indonesia, with a CAGR of +3.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by 84%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+2.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in ASEAN

In 2021, overseas purchases of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by -8% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports recorded a perceptible descent. The most prominent rate of growth was recorded in 2016 when imports increased by 51% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X in 2021. Overall, imports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 28% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in 2021 were Malaysia (X tons), Singapore (X tons), Cambodia (X tons), Indonesia (X tons), the Philippines (X tons), Vietnam (X tons), Myanmar (X tons), Thailand (X tons) and Lao People's Democratic Republic (X tons), together recording 100% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cambodia (with a CAGR of +24.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Singapore ($X) and Cambodia ($X) were the countries with the highest levels of imports in 2021, with a combined 51% share of total imports.

In terms of the main importing countries, Cambodia, with a CAGR of +31.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in ASEAN amounted to $X per ton, jumping by 17% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 19%. The level of import peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform