Asia-Pacific: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Asia-Pacific

The Asia-Pacific market for boards, sheets, panels, or tiles of gypsum or plaster reduced slightly to $X in 2022, approximately equating the previous year. Over the period under review, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Asia-Pacific

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster shrank modestly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports in Asia-Pacific

In 2022, overseas shipments of boards, sheets, panels, or tiles of gypsum or plaster decreased by X% to X square meters, falling for the fourth consecutive year after two years of growth. Overall, exports recorded a slight descent. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X square meters. From 2015 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster soared to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Thailand (X square meters) and China (X square meters) dominates plaster structure, together making up X% of total exports. Indonesia (X square meters), India (X square meters), Australia (X square meters), Malaysia (X square meters) and Japan (X square meters) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest board, sheet, panel, tile and similar article of plaster supplying countries in Asia-Pacific were China ($X), Thailand ($X) and India ($X), with a combined X% share of total exports.

Among the main exporting countries, India, with a CAGR of X%, recorded 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 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per square meter), while Indonesia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports in Asia-Pacific

In 2022, overseas purchases of boards, sheets, panels, or tiles of gypsum or plaster increased by X% to X square meters, rising for the second year in a row after three years of decline. Total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The volume of import peaked at X square meters in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports of attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

India was the major importer of boards, sheets, panels, or tiles of gypsum or plaster in Asia-Pacific, with the volume of imports amounting to X square meters, which was near X% of total imports in 2022. New Zealand (X square meters) ranks second in terms of the total imports with an X% share, followed by Malaysia (X%), Hong Kong SAR (X%), Vietnam (X%), Singapore (X%) and Cambodia (X%). The Philippines (X square meters), Taiwan (Chinese) (X square meters), Myanmar (X square meters), Nepal (X square meters), Australia (X square meters) and Lao People's Democratic Republic (X square meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to board, sheet, panel, tile and similar article of plaster imports into India stood at X%. At the same time, New Zealand (X%), Nepal (X%), Lao People's Democratic Republic (X%), Myanmar (X%), Malaysia (X%), Taiwan (Chinese) (X%), Australia (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Singapore and Cambodia experienced a relatively flat trend pattern. By contrast, Vietnam (X%) and the Philippines (X%) illustrated a downward trend over the same period. While the share of India (X p.p.), New Zealand (X p.p.), Malaysia (X p.p.), Nepal (X p.p.) and Myanmar (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (X p.p.), Singapore (X p.p.), Cambodia (X p.p.), Vietnam (X p.p.) and the Philippines (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported boards, sheets, panels, or tiles of gypsum or plaster in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with an X% share.

In India, imports of boards, sheets, panels, or tiles of gypsum or plaster expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per square meter in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

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 the Philippines ($X per square meter), while Taiwan (Chinese) ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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