EU: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in the EU

In 2022, the EU articles of fiber cement market increased by 3.3% to $X, rising for the second year in a row after eight years of decline. In general, consumption, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 4.1%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in the EU

In value terms, articles of fiber cement production rose sharply to $X in 2022 estimated in export price. Overall, production showed a abrupt slump. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports in the EU

In 2022, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were exported in the European Union; waning by -4.3% compared with 2021 figures. The total export volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by 12% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, articles of fiber cement exports shrank to $X in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

The Czech Republic (X tons) and Belgium (X tons) were the key exporters of articles of asbestos-cement, cellulose fiber-cement or the like in 2022, accounting for near 20% and 18% of total exports, respectively. Italy (X tons) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Finland (8.3%), Lithuania (8.1%), Poland (6.4%) and Germany (6.1%). France (X tons), the Netherlands (X tons), Hungary (X tons), Ireland (X tons), Austria (X tons) and Slovenia (X tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +38.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Czech Republic ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 45% share of total exports. Italy, Lithuania, Finland, Hungary, Austria, Poland, the Netherlands, France, Ireland and Slovenia lagged somewhat behind, together comprising a further 51%.

Hungary, with a CAGR of +35.8%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, reducing by -1.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2021 when the export price increased by 7.8% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+5.3%), while the other leaders experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports in the EU

In 2022, the amount of articles of asbestos-cement, cellulose fiber-cement or the like imported in the European Union rose slightly to X tons, growing by 4.5% on the year before. The total import volume increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 13%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, articles of fiber cement imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of +4.0% 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 2021 when imports increased by 17%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Denmark (X tons), distantly followed by France (X tons), Germany (X tons), the Netherlands (X tons), Belgium (X tons) and Ireland (X tons) were the key importers of articles of asbestos-cement, cellulose fiber-cement or the like, together making up 68% of total imports. The following importers - Sweden (X tons), Poland (X tons), Estonia (X tons), Lithuania (X tons), Latvia (X tons), Hungary (X tons) and Austria (X tons) - together made up 21% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Estonia (with a CAGR of +13.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest articles of fiber cement importing markets in the European Union were Denmark ($X), Germany ($X) and the Netherlands ($X), with a combined 43% share of total imports. France, Belgium, Sweden, Ireland, Austria, Lithuania, Poland, Hungary, Estonia and Latvia lagged somewhat behind, together accounting for a further 44%.

Estonia, with a CAGR of +17.8%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, dropping by -1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 an increase of 15% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+6.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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