Indonesia: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in Indonesia

The Indonesian market for boards, sheets, panels, tiles and similar articles of plaster faced with paper amounted to $X in 2021, stabilizing at the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in Indonesia

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster faced with paper stood at $X in 2021 estimated in export price. Overall, production saw a slight expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 37%. Production of peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Exports from Indonesia

In 2021, exports of boards, sheets, panels, tiles and similar articles of plaster faced with paper from Indonesia reduced to X square meters, standing approx. at 2020. Over the period under review, exports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2016 when exports increased by 65%. Over the period under review, the exports of hit record highs at X square meters in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster faced with paper shrank markedly to $X in 2021. Overall, exports saw a noticeable curtailment. The growth pace was the most rapid in 2016 with an increase of 50% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Malaysia (X square meters), Singapore (X square meters) and the Philippines (X square meters) were the main destinations of exports of boards, sheets, panels, tiles and similar articles of plaster faced with paper from Indonesia, together comprising 74% of total exports. These countries were followed by Vietnam, Brunei Darussalam, Maldives, Australia and the United Arab Emirates, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +38.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for board, sheet, panel and tile faced with paper exported from Indonesia were Malaysia ($X), Singapore ($X) and the Philippines ($X), together accounting for 65% of total exports. These countries were followed by Vietnam, Maldives, Australia, Brunei Darussalam and the United Arab Emirates, which together accounted for a further 28%.

In terms of the main countries of destination, Australia, with a CAGR of +38.6%, recorded the highest growth rate of 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 average export price for boards, sheets, panels, tiles and similar articles of plaster faced with paper stood at $X per square meter in 2021, which is down by -15.4% against the previous year. Overall, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while the average price for exports to Singapore ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Imports into Indonesia

In 2021, the amount of boards, sheets, panels, tiles and similar articles of plaster faced with paper imported into Indonesia contracted rapidly to X square meters, with a decrease of -79% against the previous year's figure. Overall, imports continue to indicate a precipitous setback. The growth pace was the most rapid in 2020 when imports increased by 413% against the previous year. Over the period under review, imports of hit record highs at X square meters in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster faced with paper reduced rapidly to $X in 2021. In general, imports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2020 when imports increased by 166% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Thailand (X square meters) constituted the largest board, sheet, panel and tile faced with paper supplier to Indonesia, accounting for a 83% share of total imports. Moreover, imports of boards, sheets, panels, tiles and similar articles of plaster faced with paper from Thailand exceeded the figures recorded by the second-largest supplier, China (X square meters), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Thailand stood at -23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-30.7% per year) and Japan (-24.5% per year).

In value terms, the largest board, sheet, panel and tile faced with paper suppliers to Indonesia were Thailand ($X), China ($X) and Japan ($X), together accounting for 98% of total imports.

China, with a CAGR of -10.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Source: IndexBox Platform

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