Overview of the Global Market for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Market Size for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

The global market for articles of cellulose fibre-cement, not containing asbestos stood at $X in 2022, rising by 2.7% against the previous year. Overall, consumption continues to indicate a buoyant expansion. Global consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

In value terms, production of articles of cellulose fibre-cement, not containing asbestos stood at $X in 2022 estimated in export price. Overall, production showed a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 33% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Exports

After two years of growth, overseas shipments of articles of cellulose fibre-cement, not containing asbestos decreased by -8.7% to X tons in 2022. In general, exports showed a abrupt decrease. The growth pace was the most rapid in 2015 with an increase of 24% against the previous year. Over the period under review, the global exports of attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos contracted modestly to $X in 2022. Overall, total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.0% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of 58%. Over the period under review, the global exports of attained the peak figure at $X in 2021, and then fell slightly in the following year.

Exports by Country

In 2022, Australia (X tons), distantly followed by Turkey (X tons), China (X tons), Germany (X tons), Poland (X tons), Thailand (X tons) and Indonesia (X tons) were the major exporters of articles of cellulose fibre-cement, not containing asbestos, together comprising 67% of total exports. The following exporters - Vietnam (X tons), the UK (X tons), Iran (X tons), Lithuania (X tons), South Africa (X tons) and India (X tons) - together made up 17% of total exports.

Australia was also the fastest-growing in terms of the articles of cellulose fibre-cement, not containing asbestos exports, with a CAGR of +70.6% from 2012 to 2022. At the same time, Turkey (+44.5%), the UK (+20.1%), Iran (+19.3%), Lithuania (+12.1%), Indonesia (+9.5%), Vietnam (+3.0%), South Africa (+2.9%), Germany (+1.8%) and Poland (+1.3%) displayed positive paces of growth. India experienced a relatively flat trend pattern. By contrast, China (-2.0%) and Thailand (-27.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia, Turkey, Indonesia, Germany, China, the UK, Poland, Iran, Vietnam and Lithuania increased by +24, +10, +3.9, +3.8, +3.6, +3.1, +3.1, +2.5, +2.3 and +2.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest articles of cellulose fibre-cement, not containing asbestos supplying countries worldwide were Australia ($X), China ($X) and Germany ($X), with a combined 56% share of global exports.

Australia, with a CAGR of +74.0%, recorded 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 global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for articles of cellulose fibre-cement, not containing asbestos amounted to $X per ton, with an increase of 8.5% against the previous year. In general, the export price posted a prominent expansion. The pace of growth appeared the most rapid in 2014 an increase of 56% against the previous year. The global export price peaked in 2022 and is expected to retain growth in the immediate term.

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 China ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the other global leaders experienced more modest paces of growth.

Imports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Imports

In 2022, the amount of articles of cellulose fibre-cement, not containing asbestos imported worldwide expanded remarkably to X tons, increasing by 6.1% compared with the previous year. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 17%. Over the period under review, global imports of hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos rose rapidly to $X in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.7% 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 +40.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, global imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Germany (X tons), distantly followed by the UK (X tons), France (X tons) and Denmark (X tons) were the key importers of articles of cellulose fibre-cement, not containing asbestos, together constituting 50% of total imports. The United States (X tons), Australia (X tons), Japan (X tons), Belgium (X tons), Singapore (X tons), Austria (X tons), Ireland (X tons) and Italy (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +28.1%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported articles of cellulose fibre-cement, not containing asbestos worldwide, comprising 23% of global imports. The second position in the ranking was taken by the UK ($X), with a 10% share of global imports. It was followed by the United States, with a 6.7% share.

In Germany, imports of articles of cellulose fibre-cement, not containing asbestos increased at an average annual rate of +26.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the UK (+16.3% per year) and the United States (+3.4% per year).

Import Prices by Country

In 2022, the average import price for articles of cellulose fibre-cement, not containing asbestos amounted to $X per ton, with an increase of 3% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for articles of cellulose fibre-cement, not containing asbestos increased by +41.2% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 20%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+13.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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