South-Eastern Asia: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2025

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in South-Eastern Asia

The Southeast Asian market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders rose notably to $X in 2021, increasing by 7% against the previous year. In general, consumption continues to indicate a buoyant increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in South-Eastern Asia

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders reached $X in 2021 estimated in export price. In general, production posted resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 43% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in South-Eastern Asia

For the third consecutive year, South-Eastern Asia recorded decline in overseas shipments of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, which decreased by -11.4% to X tons in 2021. Over the period under review, exports recorded a abrupt decrease. The growth pace was the most rapid in 2013 when exports increased by 13%. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders contracted to $X in 2021. Overall, exports saw a abrupt setback. The pace of growth was the most pronounced in 2018 when exports increased by 13%. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Thailand (X tons) represented the key exporter of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, constituting 58% of total exports. Malaysia (X tons) ranks second in terms of the total exports with a 34% share, followed by Indonesia (6%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Indonesia (with a CAGR of +0.5%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplying countries in South-Eastern Asia were Thailand ($X), Malaysia ($X) and Indonesia ($X), together comprising 97% of total exports.

Indonesia, with a CAGR of +3.4%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, approximately equating the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by 84%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+2.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in South-Eastern Asia

In 2021, overseas purchases of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by -8% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2016 with an increase of 51% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders totaled $X in 2021. In general, imports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2016 when imports increased by 28% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in 2021 were Malaysia (X tons), Singapore (X tons), Cambodia (X tons), Indonesia (X tons), the Philippines (X tons), Vietnam (X tons), Myanmar (X tons), Thailand (X tons) and Lao People's Democratic Republic (X tons), together accounting for 100% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cambodia (with a CAGR of +24.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Singapore ($X) and Cambodia ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 51% of total imports.

Cambodia, with a CAGR of +31.3%, recorded 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

The import price in South-Eastern Asia stood at $X per ton in 2021, increasing by 17% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the import price increased by 19% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :