South-Eastern Asia: Modelling Pastes Market 2025

Modelling Pastes Market Size in South-Eastern Asia

The Southeast Asian modelling pastes market fell to $X in 2021, with a decrease of -5.1% against the previous year. The total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -7.0% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Modelling Pastes Production in South-Eastern Asia

In value terms, modelling pastes production surged to $X in 2021 estimated in export price. The total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.7% against 2016 indices. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Modelling Pastes Exports

Exports in South-Eastern Asia

In 2021, overseas shipments of modelling pastes, dental wax and dental impression compounds were finally on the rise to reach X tons after two years of decline. Over the period under review, exports continue to indicate a tangible expansion. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, modelling pastes exports skyrocketed to $X in 2021. Overall, exports continue to indicate a measured increase. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand prevails in exports structure, resulting at X tons, which was near 89% of total exports in 2021. It was distantly followed by Malaysia (X tons), creating a 6.8% share of total exports. Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to modelling pastes exports from Thailand stood at +6.1%. At the same time, Vietnam (+8.1%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +8.1% from 2012-2021. By contrast, Malaysia (-9.8%) illustrated a downward trend over the same period. Thailand (+16 p.p.) significantly strengthened its position in terms of the total exports, while Malaysia saw its share reduced by -17.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) emerged as the largest modelling pastes supplier in South-Eastern Asia, comprising 72% of total exports. The second position in the ranking was taken by Malaysia ($X), with an 8.3% share of total exports.

In Thailand, modelling pastes exports increased at an average annual rate of +4.9% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (-6.4% per year) and Vietnam (+15.1% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, reducing by -60% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 108% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined dramatically in the following year.

Prices varied noticeably by country of origin: among the top suppliers, the country with the highest price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+6.5%), while the other leaders experienced mixed trends in the export price figures.

Modelling Pastes Imports

Imports in South-Eastern Asia

In 2021, supplies from abroad of modelling pastes, dental wax and dental impression compounds decreased by -5.9% to X tons, falling for the second consecutive year after eight years of growth. Over the period under review, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, modelling pastes imports reached $X in 2021. Overall, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by 42% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Vietnam (X tons) and the Philippines (X tons) represented the major importers of modelling pastes, dental wax and dental impression compounds in 2021, finishing at approx. 35% and 23% of total imports, respectively. Indonesia (X tons) held the next position in the ranking, followed by Malaysia (X tons), Singapore (X tons) and Thailand (X tons). All these countries together held approx. 35% share of total imports. Cambodia (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cambodia (with a CAGR of +30.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported modelling pastes, dental wax and dental impression compounds in South-Eastern Asia, comprising 35% of total imports. The second position in the ranking was held by Indonesia ($X), with a 17% share of total imports. It was followed by Thailand, with a 16% share.

In Vietnam, modelling pastes imports expanded at an average annual rate of +7.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Indonesia (+6.6% per year) and Thailand (+0.3% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, picking up by 7.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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