China: Market for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos 2024

Market Size for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in China

The Chinese market for articles of cellulose fibre-cement, not containing asbestos expanded to $X in 2022, with an increase of 1.7% against the previous year. In general, consumption continues to indicate a strong expansion. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in China

In value terms, production of articles of cellulose fibre-cement, not containing asbestos shrank modestly to $X in 2022 estimated in export price. Overall, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 62%. Production of peaked at $X in 2019; afterwards, it flattened through to 2022.

Exports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Exports from China

In 2022, exports of articles of cellulose fibre-cement, not containing asbestos from China declined sharply to X tons, waning by -28.1% compared with 2021. Over the period under review, exports saw a pronounced downturn. The pace of growth was the most pronounced in 2015 when exports increased by 373% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos declined rapidly to $X in 2022. Overall, exports, however, saw strong growth. The pace of growth was the most pronounced in 2015 when exports increased by 389% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Australia (X tons), Egypt (X tons) and the Netherlands (X tons) were the main destinations of exports of articles of cellulose fibre-cement, not containing asbestos from China, together comprising 51% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +421.4%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Egypt ($X) and the United States ($X) appeared to be the largest markets for articles of cellulose fibre-cement, not containing asbestos exported from China worldwide, together accounting for 45% of total exports.

In terms of the main countries of destination, Egypt, with a CAGR of +342.4%, saw the highest growth rate of 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

In 2022, the average export price for articles of cellulose fibre-cement, not containing asbestos amounted to $X per ton, increasing by 12% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of 155% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Imports into China

After two years of decline, supplies from abroad of articles of cellulose fibre-cement, not containing asbestos increased by 365% to X tons in 2022. Overall, imports showed a strong expansion. The growth pace was the most rapid in 2014 when imports increased by 1,060% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos surged to $X in 2022. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 177%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of articles of cellulose fibre-cement, not containing asbestos to China, accounting for a 86% share of total imports. Moreover, imports of articles of cellulose fibre-cement, not containing asbestos from India exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was taken by Japan (X tons), with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled +25,685.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+22.8% per year) and Japan (+19.7% per year).

In value terms, India ($X) constituted the largest supplier of articles of cellulose fibre-cement, not containing asbestos to China, comprising 44% of total imports. The second position in the ranking was held by Japan ($X), with a 17% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +19,183.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+15.6% per year) and Germany (+31.1% per year).

Import Prices by Country

In 2022, the average import price for articles of cellulose fibre-cement, not containing asbestos amounted to $X per ton, shrinking by -61.6% against the previous year. Over the period under review, the import price, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 206% against the previous year. The import price peaked at $X per ton in 2021, and then contracted rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+79.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :