Asia: Drawing Board Market 2024

Drawing Board Market Size in Asia

The Asian drawing board market reduced to $X in 2022, waning by -13.9% against the previous year. The total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -23.1% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Drawing Board Production in Asia

In value terms, drawing board production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, recorded strong growth. The growth pace was the most rapid in 2019 when the production volume increased by 43%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Drawing Board Exports

Exports in Asia

In 2022, approx. X units of slates and boards with writing or drawing surfaces were exported in Asia; picking up by 1.9% compared with 2021 figures. The total export volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 39% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, drawing board exports rose markedly to $X in 2022. Total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.0% against 2016 indices. The pace of growth appeared the most rapid in 2019 when exports increased by 18% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

China dominates exports structure, resulting at X units, which was approx. 94% of total exports in 2022. Turkey (X units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to drawing board exports from China stood at +2.3%. At the same time, Turkey (+10.9%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of +10.9% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest drawing board supplier in Asia, comprising 96% of total exports. The second position in the ranking was taken by Turkey ($X), with a 1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +5.9%.

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, increasing by 7.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2016 when the export price increased by 17% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per unit), while Turkey amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%).

Drawing Board Imports

Imports in Asia

Drawing board imports stood at X units in 2022, therefore, remained relatively stable against 2021. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, drawing board imports fell to $X in 2022. The total import value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 27% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Japan (X units), distantly followed by the Philippines (X units), India (X units), the United Arab Emirates (X units), Iraq (X units) and Malaysia (X units) were the main importers of slates and boards with writing or drawing surfaces, together mixing up 58% of total imports. Thailand (X units), Kazakhstan (X units), South Korea (X units), Israel (X units), Bangladesh (X units), Uzbekistan (X units) and Indonesia (X units) followed a long way behind the leaders.

Japan experienced a relatively flat trend pattern with regard to volume of imports of slates and boards with writing or drawing surfaces. At the same time, Uzbekistan (+31.3%), India (+28.1%), the Philippines (+15.2%), Thailand (+11.2%), Kazakhstan (+10.3%), Malaysia (+7.7%), Israel (+7.7%), Indonesia (+6.9%) and South Korea (+6.6%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Asia, with a CAGR of +31.3% from 2012-2022. Bangladesh and Iraq experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-4.3%) illustrated a downward trend over the same period. While the share of India (+8.7 p.p.), the Philippines (+6.9 p.p.), Malaysia (+2.5 p.p.), Thailand (+2.4 p.p.), Uzbekistan (+2.4 p.p.) and Kazakhstan (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Iraq (-1.8 p.p.), the United Arab Emirates (-5.3 p.p.) and Japan (-5.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported slates and boards with writing or drawing surfaces in Asia, comprising 27% of total imports. The second position in the ranking was taken by Iraq ($X), with a 9.6% share of total imports. It was followed by the United Arab Emirates, with a 9.3% share.

In Japan, drawing board imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Iraq (+7.9% per year) and the United Arab Emirates (+0.6% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, with a decrease of -3.4% against the previous year. In general, the import price showed a mild curtailment. The most prominent rate of growth was recorded in 2019 an increase of 17% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+16.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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