China: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in China

The Chinese market for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X in 2021, with an increase of 5.2% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2021.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in China

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced expanded to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 33%. As a result, production reached the peak level of $X. From 2017 to 2021, production of growth remained at a somewhat lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from China

For the fourth year in a row, China recorded decline in shipments abroad of boards, sheets, panels, tiles and similar articles of plaster not faced, which decreased by -20.6% to X square meters in 2021. Overall, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 24% against the previous year. The exports peaked at X square meters in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced dropped to $X in 2021. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Nigeria (X square meters), India (X square meters) and the United Arab Emirates (X square meters) were the main destinations of exports of boards, sheets, panels, tiles and similar articles of plaster not faced from China, together comprising 43% of total exports. These countries were followed by Panama, South Korea, El Salvador, Myanmar, Peru, South Africa, Chile, Ecuador, Saudi Arabia and Iraq, which together accounted for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Peru (with a CAGR of +41.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Nigeria ($X) and India ($X) appeared to be the largest markets for board, sheet, panel, tile and similar article of plaster not faced exported from China worldwide, with a combined 38% share of total exports. South Korea, Panama, Myanmar, Peru, El Salvador, Saudi Arabia, Chile, South Africa, Ecuador and Iraq lagged somewhat behind, together accounting for a further 16%.

In terms of the main countries of destination, South Korea, with a CAGR of +40.1%, recorded 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

The average export price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2021, picking up by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2015 when the average export price increased by 13% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while the average price for exports to El Salvador ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into China

Imports of boards, sheets, panels, tiles and similar articles of plaster not faced into China skyrocketed to X square meters in 2021, jumping by 22% on the previous year's figure. Over the period under review, imports saw a pronounced expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 78%. As a result, imports reached the peak of X square meters. From 2018 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021. Overall, total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -0.5% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 70% against the previous year. Imports peaked at $X in 2019; afterwards, it flattened through to 2021.

Imports by Country

In 2021, Germany (X square meters) constituted the largest supplier of board, sheet, panel, tile and similar article of plaster not faced to China, accounting for a 89% share of total imports. Moreover, imports of boards, sheets, panels, tiles and similar articles of plaster not faced from Germany exceeded the figures recorded by the second-largest supplier, Japan (X square meters), more than tenfold. The United States (X square meters) ranked third in terms of total imports with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+72.3% per year) and the United States (+4.9% per year).

In value terms, Germany ($X) constituted the largest supplier of boards, sheets, panels, tiles and similar articles of plaster not faced to China, comprising 81% of total imports. The second position in the ranking was taken by Japan ($X), with a 7.3% share of total imports. It was followed by Italy, with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+80.5% per year) and Italy (+100.0% per year).

Import Prices by Country

The average import price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2021, jumping by 16% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 63% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :