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

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

The Asian market for prefabricated buildings of plastics, concrete or aluminium was estimated at $X in 2021, growing by 7.5% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

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

In value terms, production of prefabricated buildings of plastics, concrete or aluminium stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 22%. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports in Asia

Exports of prefabricated buildings of plastics, concrete or aluminium was estimated at X tons in 2021, with an increase of 11% against 2020. The total export volume increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 26% against the previous year. As a result, the exports reached the peak of X tons; afterwards, it flattened through to 2021.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021. The total export value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 37%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

China dominates aluminium structure, recording X tons, which was approx. 66% of total exports in 2021. Turkey (X tons) ranks second in terms of the total exports with an 8% share, followed by Israel (4.7%). The following exporters - Malaysia (X tons), Vietnam (X tons), the United Arab Emirates (X tons) and South Korea (X tons) - together made up 15% of total exports.

From 2012 to 2021, average annual rates of growth with regard to prefabricated buildings of plastics, concrete or aluminium exports from China stood at +2.9%. At the same time, Malaysia (+13.1%), South Korea (+10.9%), Vietnam (+9.5%) and Israel (+6.4%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +13.1% from 2012-2021. By contrast, Turkey (-1.6%) and the United Arab Emirates (-3.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Malaysia and Vietnam increased by +4.6, +2.6 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest prefabricated buildings of plastics, concrete or aluminium supplier in Asia, comprising 60% of total exports. The second position in the ranking was held by Israel ($X), with an 8.6% share of total exports. It was followed by Turkey, with a 7.6% share.

In China, exports of prefabricated buildings of plastics, concrete or aluminium increased at an average annual rate of +2.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (+9.7% per year) and Turkey (-0.4% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, rising by 8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by 27% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while Malaysia ($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 more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports in Asia

In 2021, after two years of decline, there was significant growth in supplies from abroad of prefabricated buildings of plastics, concrete or aluminium, when their volume increased by 159% to X tons. In general, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium totaled $X in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 12%. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Pakistan was the main importing country with an import of around X tons, which accounted for 62% of total imports. It was distantly followed by Indonesia (X tons), constituting a 14% share of total imports. The following importers - Uzbekistan (X tons), Hong Kong SAR (X tons), Saudi Arabia (X tons), Thailand (X tons) and Qatar (X tons) - each recorded a 9.4% 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%), Uzbekistan (+17.0%), Qatar (+5.9%) and Thailand (+5.3%) displayed positive paces of growth. By contrast, Saudi Arabia (-10.7%) illustrated a downward trend over the same period. While the share of Pakistan (+60 p.p.), Indonesia (+11 p.p.) and Uzbekistan (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Thailand (-1.6 p.p.) and Saudi Arabia (-15 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported prefabricated buildings of plastics, concrete or aluminium in Asia, comprising 22% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with an 8.2% share of total imports. It was followed by Saudi Arabia, with a 4.9% share.

In Indonesia, imports of prefabricated buildings of plastics, concrete or aluminium increased at an average annual rate of +24.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+22.5% per year) and Saudi Arabia (-12.3% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, waning by -58% against the previous year. Over the period under review, the import price faced a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of 9.4%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+4.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform