Eastern Asia: 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 Eastern Asia

The East Asian market for boards, sheets, panels, tiles and similar articles of plaster not faced rose rapidly to $X in 2021, surging by 7.1% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

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

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, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by 27%. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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

Exports in Eastern Asia

In 2021, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were exported in Eastern Asia; reducing by -19.4% against the previous year. Overall, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 21%. The volume of export 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 contracted to $X in 2021. In general, exports recorded a slight decrease. The growth pace was the most rapid in 2015 with an increase of 23%. 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

China dominates faced structure, accounting for X square meters, which was approx. 95% of total exports in 2021. Japan (X square meters) followed a long way behind the leaders.

China was also the fastest-growing in terms of the boards, sheets, panels, tiles and similar articles of plaster not faced exports, with a CAGR of -3.7% from 2012 to 2021. Japan (-5.6%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest board, sheet, panel, tile and similar article of plaster not faced supplier in Eastern Asia, comprising 93% of total exports. The second position in the ranking was taken by Japan ($X), with a 3.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value in China was relatively modest.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per square meter, increasing by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2015 when the export price increased by 12% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per square meter), while China amounted to $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.0%).

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

Imports in Eastern Asia

In 2021, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were imported in Eastern Asia; with an increase of 15% against the year before. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +22.0% against 2019 indices. The pace of growth was the most pronounced in 2014 when imports increased by 119%. The volume of import peaked at X square meters in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.7% 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 increased by +32.9% against 2019 indices. The growth pace was the most rapid in 2014 when imports increased by 64%. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Hong Kong SAR represented the main importing country with an import of about X square meters, which accounted for 44% of total imports. It was distantly followed by South Korea (X square meters), Taiwan (Chinese) (X square meters), China (X square meters) and Macao SAR (X square meters), together creating a 56% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +22.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest board, sheet, panel, tile and similar article of plaster not faced importing markets in Eastern Asia were South Korea ($X), Hong Kong SAR ($X) and China ($X), together comprising 88% of total imports.

In terms of the main importing countries, South Korea, with a CAGR of +12.6%, recorded the highest rates of growth with regard to 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 2021, the import price in Eastern Asia amounted to $X per square meter, picking up by 3.9% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 25% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2014 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per square meter), while Taiwan (Chinese) ($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 China (+0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :