Asia-Pacific: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in Asia-Pacific

The Asia-Pacific market for boards, sheets, panels, tiles and similar articles of plaster faced with paper stood at $X in 2021, leveling off at the previous year. Over the period under review, consumption, however, saw a mild decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in Asia-Pacific

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster faced with paper declined to $X in 2021 estimated in export price. In general, production, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 11% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Exports in Asia-Pacific

In 2021, shipments abroad of boards, sheets, panels, tiles and similar articles of plaster faced with paper decreased by -2.8% to X square meters, falling for the third consecutive year after two years of growth. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 24% against the previous year. The volume of export peaked at X square meters in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster faced with paper contracted slightly to $X in 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 31%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

In 2021, Thailand (X square meters) was the main exporter of boards, sheets, panels, tiles and similar articles of plaster faced with paper, comprising 61% of total exports. China (X square meters) held the second position in the ranking, distantly followed by Japan (X square meters). All these countries together held near 28% share of total exports. The following exporters - India (X square meters) and Indonesia (X square meters) - each accounted for an 8.1% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to board, sheet, panel and tile faced with paper exports from Thailand stood at +1.6%. At the same time, India (+77.1%) and Japan (+53.3%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +77.1% from 2012-2021. By contrast, Indonesia (-3.6%) and China (-5.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Thailand, Japan and India increased by +11, +5.1 and +4.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest board, sheet, panel and tile faced with paper supplying countries in Asia-Pacific were Thailand ($X), China ($X) and India ($X), together comprising 89% of total exports.

In terms of the main exporting countries, India, with a CAGR of +52.5%, saw the highest rates of growth with regard to the value of exports, 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-Pacific stood at $X per square meter in 2021, approximately mirroring the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by 15%. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2021, the export prices remained at a 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 China ($X per square meter), while Japan ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the other leaders experienced mixed trends in the export price figures.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Imports in Asia-Pacific

In 2021, supplies from abroad of boards, sheets, panels, tiles and similar articles of plaster faced with paper was finally on the rise to reach X square meters for the first time since 2018, thus ending a two-year declining trend. Total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -37.0% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of 19% against the previous year. The volume of import peaked at X square meters in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster faced with paper expanded sharply to $X in 2021. Total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -26.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 17% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X square meters), distantly followed by Cambodia (X square meters), Singapore (X square meters), Hong Kong SAR (X square meters), Malaysia (X square meters), Vietnam (X square meters), Nepal (X square meters), New Zealand (X square meters) and the Philippines (X square meters) represented the key importers of boards, sheets, panels, tiles and similar articles of plaster faced with paper, together mixing up 81% of total imports.

Imports into India increased at an average annual rate of +17.9% from 2012 to 2021. At the same time, Nepal (+28.7%), New Zealand (+15.7%), Malaysia (+10.4%) and Cambodia (+8.1%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +28.7% from 2012-2021. Singapore and Hong Kong SAR experienced a relatively flat trend pattern. By contrast, Vietnam (-9.6%) and the Philippines (-11.5%) illustrated a downward trend over the same period. India (+18 p.p.), Nepal (+5.2 p.p.), Cambodia (+4.3 p.p.), Malaysia (+3.6 p.p.) and New Zealand (+3.5 p.p.) significantly strengthened its position in terms of the total imports, while Vietnam and the Philippines saw its share reduced by -12.3% and -13.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X), Cambodia ($X) and Singapore ($X) were the countries with the highest levels of imports in 2021, with a combined 40% share of total imports. These countries were followed by Hong Kong SAR, Nepal, Vietnam, New Zealand, the Philippines and Malaysia, which together accounted for a further 37%.

Nepal, with a CAGR of +30.0%, saw the highest rates of growth with regard to the value of imports, among 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-Pacific stood at $X per square meter in 2021, picking up by 3.3% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2020 when the import price increased by 6.8% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :