Europe: 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 Europe

In 2022, the Europe articles of fiber cement market increased by 2% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption showed a perceptible downturn. The pace of growth was the most pronounced in 2021 when the market value increased by 7.4%. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

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

In value terms, articles of fiber cement production expanded markedly to $X in 2022 estimated in export price. In general, production recorded a deep downturn. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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

Exports in Europe

In 2022, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were exported in Europe; shrinking by -6.1% on the previous year. Over the period under review, exports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 6.8%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, articles of fiber cement exports declined to $X in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

The shipments of the three major exporters of articles of asbestos-cement, cellulose fiber-cement or the like, namely the Czech Republic, Belgium and Russia, represented more than third of total export. Italy (X tons) took the next position in the ranking, followed by Finland (X tons), Lithuania (X tons), Poland (X tons) and Germany (X tons). All these countries together held near 33% share of total exports. France (X tons), the Netherlands (X tons), Hungary (X tons), Ireland (X tons) and Austria (X tons) took 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) constituted the countries with the highest levels of exports in 2022, with a combined 41% share of total exports. Italy, Lithuania, Finland, Hungary, Austria, Poland, Russia, the Netherlands, France and Ireland lagged somewhat behind, together comprising a further 47%.

Among the main exporting countries, Hungary, with a CAGR of +35.8%, recorded the highest rates of growth with regard to 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 export price in Europe stood at $X per ton in 2022, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2021 when the export price increased by 9.2%. The level of export peaked in 2022 and is expected to retain growth in years to come.

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 ($X per ton), while Russia ($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 Europe

In 2022, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were imported in Europe; with a decrease of -1.6% on the previous year's figure. The total import volume increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 16%. The volume of import peaked at X tons in 2021, and then fell modestly in the following year.

In value terms, articles of fiber cement imports amounted to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 22%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

In 2022, the UK (X tons), distantly followed by Denmark (X tons), France (X tons), Germany (X tons), the Netherlands (X tons), Belgium (X tons) and Russia (X tons) were the major importers of articles of asbestos-cement, cellulose fiber-cement or the like, together making up 70% of total imports. Ireland (X tons), Sweden (X tons), Poland (X tons), Estonia (X tons), Lithuania (X tons) and Moldova (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading 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 UK ($X), Denmark ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 43% of total imports. The Netherlands, France, Belgium, Sweden, Ireland, Russia, Lithuania, Poland, Estonia and Moldova lagged somewhat behind, together accounting for a further 38%.

Estonia, with a CAGR of +17.8%, saw the highest rates of growth with regard to 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

The import price in Europe stood at $X per ton in 2022, picking up by 2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 an increase of 11%. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Moldova ($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 (+6.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform