Eastern Asia: Pre-Coated Aggregates Market 2024

Pre-Coated Aggregates Market Size in Eastern Asia

The East Asian pre-coated aggregates market rose rapidly to $X in 2022, growing by 8.7% against the previous year. Over the period under review, consumption, however, showed temperate growth. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Pre-Coated Aggregates Production in Eastern Asia

In value terms, pre-coated aggregates production rose markedly to $X in 2022 estimated in export price. Overall, production continues to indicate perceptible growth. The growth pace was the most rapid in 2013 with an increase of 378% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Pre-Coated Aggregates Exports

Exports in Eastern Asia

In 2022, pre-coated aggregates exports in Eastern Asia soared to X tons, picking up by 20% compared with the previous year. In general, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 655%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pre-coated aggregates exports skyrocketed to $X in 2022. Overall, exports, however, faced a deep slump. The most prominent rate of growth was recorded in 2016 when exports increased by 497%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

China prevails in exports structure, amounting to X tons, which was approx. 98% of total exports in 2022. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to pre-coated aggregates exports from China stood at -12.3%. At the same time, Taiwan (Chinese) (+16.3%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +16.3% from 2012-2022. While the share of Taiwan (Chinese) (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pre-coated aggregates supplier in Eastern Asia, comprising 99% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 1.3% share of total exports.

In China, pre-coated aggregates exports contracted by an average annual rate of -10.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, increasing by 12% against the previous year. Overall, the export price saw a perceptible increase. The most prominent rate of growth was recorded in 2013 an increase of 376% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Taiwan (Chinese) amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%).

Pre-Coated Aggregates Imports

Imports in Eastern Asia

In 2022, the amount of pre-coated aggregates imported in Eastern Asia shrank significantly to X tons, which is down by -56.2% against the previous year. Over the period under review, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 707% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, pre-coated aggregates imports dropped rapidly to $X in 2022. Overall, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 165% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Hong Kong SAR represented the major importing country with an import of around X tons, which accounted for 81% of total imports. It was distantly followed by Japan (X tons) and Taiwan (Chinese) (X tons), together generating an 18% share of total imports.

Hong Kong SAR was also the fastest-growing in terms of the pre-coated aggregates imports, with a CAGR of +3.5% from 2012 to 2022. Taiwan (Chinese) (-7.1%) and Japan (-9.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hong Kong SAR increased by +81 percentage points.

In value terms, Hong Kong SAR ($X), Japan ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 98% share of total imports.

In terms of the main importing countries, Hong Kong SAR, with a CAGR of +19.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, increasing by 40% against the previous year. Overall, the import price, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the import price increased by 367% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, 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 Japan ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+15.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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