Asia-Pacific: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Asia-Pacific

The Asia-Pacific market for prefabricated buildings of plastics, concrete or aluminium reached $X in 2021, flattening at the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the immediate term.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Asia-Pacific

In value terms, production of prefabricated buildings of plastics, concrete or aluminium dropped to $X in 2021 estimated in export price. Overall, production, however, recorded modest growth. The growth pace was the most rapid in 2018 with an increase of 17%. Over the period under review, production of reached the maximum level at $X in 2020, and then reduced slightly in the following year.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports in Asia-Pacific

Exports of prefabricated buildings of plastics, concrete or aluminium expanded significantly to X tons in 2021, surging by 11% on 2020. Total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +80.2% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 66%. The volume of export peaked at X tons in 2013; afterwards, it flattened through to 2021.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021. Total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +44.0% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 53%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

China dominates aluminium structure, recording X tons, which was near 81% of total exports in 2021. Malaysia (X tons) took a 5.3% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (5.2%). South Korea (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +2.9% from 2012 to 2021. At the same time, Malaysia (+13.1%), South Korea (+10.9%) and Vietnam (+9.5%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +13.1% from 2012-2021. From 2012 to 2021, the share of Malaysia, Vietnam and South Korea increased by +3, +2.1 and +1.6 percentage points, respectively.

In value terms, China ($X) remains the largest prefabricated buildings of plastics, concrete or aluminium supplier in Asia-Pacific, comprising 77% of total exports. The second position in the ranking was held by Vietnam ($X), with a 7.6% share of total exports. It was followed by South Korea, with a 4.5% share.

In China, exports of prefabricated buildings of plastics, concrete or aluminium expanded at an average annual rate of +2.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Vietnam (+13.8% per year) and South Korea (+6.6% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, surging by 6.3% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 43% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+4.0%), while the other leaders experienced a decline in the export price figures.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports in Asia-Pacific

In 2021, approx. X tons of prefabricated buildings of plastics, concrete or aluminium were imported in Asia-Pacific; increasing by 220% compared with 2020. Overall, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium rose notably to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 14% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, Pakistan (X tons) represented the key importer of prefabricated buildings of plastics, concrete or aluminium, constituting 68% of total imports. It was distantly followed by Indonesia (X tons), achieving a 16% share of total imports. The following importers - Hong Kong SAR (X tons), Australia (X tons), Thailand (X tons), the Philippines (X tons) and Japan (X tons) - each reached a 9.1% share of total imports.

Pakistan was also the fastest-growing in terms of the prefabricated buildings of plastics, concrete or aluminium imports, with a CAGR of +69.0% from 2012 to 2021. At the same time, Indonesia (+32.3%), Hong Kong SAR (+20.7%), the Philippines (+6.6%) and Thailand (+5.3%) displayed positive paces of growth. By contrast, Japan (-4.9%) and Australia (-10.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Pakistan and Indonesia increased by +65 and +9.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported prefabricated buildings of plastics, concrete or aluminium in Asia-Pacific, comprising 31% of total imports. The second position in the ranking was held by Australia ($X), with a 9.4% share of total imports. It was followed by the Philippines, with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Indonesia stood at +24.8%. The remaining importing countries recorded the following average annual rates of imports growth: Australia (-12.2% per year) and the Philippines (+17.3% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, falling by -65.2% against the previous year. Over the period under review, the import price faced a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the import price increased by 28% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while Pakistan ($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 (+10.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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