Asia-Pacific: Cellulose Fibrecement Sheet Market 2025

Cellulose Fibrecement Sheet Market Size in Asia-Pacific

In 2022, the Asia-Pacific cellulose fibrecement sheet market increased by 3.4% to $X, rising for the third consecutive year after six years of decline. Over the period under review, consumption, however, saw a pronounced contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Cellulose Fibrecement Sheet Production in Asia-Pacific

In value terms, cellulose fibrecement sheet production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by 32% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Cellulose Fibrecement Sheet Exports

Exports in Asia-Pacific

In 2022, the amount of sheets, panels and tiles of cellulose fibrecement exported in Asia-Pacific expanded markedly to X tons, with an increase of 9.4% against the year before. In general, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of 44% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, cellulose fibrecement sheet exports stood at $X in 2022. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 30%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Thailand represented the major exporter of sheets, panels and tiles of cellulose fibrecement in Asia-Pacific, with the volume of exports accounting for X tons, which was approx. 61% of total exports in 2022. China (X tons) ranks second in terms of the total exports with a 14% share, followed by India (8.4%), Malaysia (8.1%) and Indonesia (6.8%).

Exports from Thailand increased at an average annual rate of +19.4% from 2012 to 2022. At the same time, Indonesia (+37.9%), India (+14.6%) and China (+5.1%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +37.9% from 2012-2022. By contrast, Malaysia (-5.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, Indonesia and India increased by +32, +6.1 and +2.5 percentage points, respectively.

In value terms, the largest cellulose fibrecement sheet supplying countries in Asia-Pacific were Thailand ($X), China ($X) and Malaysia ($X), together comprising 83% of total exports. India and Indonesia lagged somewhat behind, together comprising a further 12%.

In terms of the main exporting countries, Indonesia, with a CAGR of +35.6%, 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 ton in 2022, surging by 2% against the previous year. Over the period under review, the export price, however, saw a slight descent. The pace of growth appeared the most rapid in 2019 an increase of 11% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the other leaders experienced a decline in the export price figures.

Cellulose Fibrecement Sheet Imports

Imports in Asia-Pacific

In 2022, purchases abroad of sheets, panels and tiles of cellulose fibrecement increased by 9.6% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 54%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, cellulose fibrecement sheet imports soared to $X in 2022. Overall, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

In 2022, the Philippines (X tons) represented the major importer of sheets, panels and tiles of cellulose fibrecement, comprising 42% of total imports. Taiwan (Chinese) (X tons) held the second position in the ranking, followed by New Zealand (X tons) and South Korea (X tons). All these countries together took approx. 25% share of total imports. The following importers - Australia (X tons), Nepal (X tons), Vietnam (X tons), Indonesia (X tons), Malaysia (X tons), Myanmar (X tons), Lao People's Democratic Republic (X tons), Pakistan (X tons) and Cambodia (X tons) - together made up 24% of total imports.

Imports into the Philippines increased at an average annual rate of +15.5% from 2012 to 2022. At the same time, Myanmar (+40.1%), Pakistan (+28.5%), New Zealand (+27.1%), Nepal (+19.9%), Australia (+14.0%), South Korea (+11.4%), Cambodia (+5.2%), Taiwan (Chinese) (+4.7%), Indonesia (+3.7%), Malaysia (+3.0%) and Vietnam (+2.3%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +40.1% from 2012-2022. By contrast, Lao People's Democratic Republic (-12.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines, New Zealand, Myanmar, Pakistan and Nepal increased by +42, +5.8, +2.1, +1.7 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cellulose fibrecement sheet importing markets in Asia-Pacific were the Philippines ($X), New Zealand ($X) and Australia ($X), together comprising 56% of total imports.

In terms of the main importing countries, New Zealand, with a CAGR of +36.0%, recorded the highest growth rate of 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 2022, the import price in Asia-Pacific amounted to $X per ton, growing by 11% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by 14%. The level of import peaked in 2022 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 Australia ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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