Southern Asia: Market for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos 2025

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

The South Asian market for articles of cellulose fibre-cement, not containing asbestos expanded modestly to $X in 2022, growing by 2.9% against the previous year. In general, consumption recorded a prominent increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

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

In value terms, production of articles of cellulose fibre-cement, not containing asbestos reached $X in 2022 estimated in export price. Over the period under review, production recorded a prominent expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by 66%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports in Southern Asia

For the third consecutive year, Southern Asia recorded decline in shipments abroad of articles of cellulose fibre-cement, not containing asbestos, which decreased by -3.2% to X tons in 2022. Over the period under review, exports recorded a mild contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 105%. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos contracted modestly to $X in 2022. Overall, exports, however, enjoyed a modest increase. The pace of growth was the most pronounced in 2014 with an increase of 124% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

India prevails in asbestos structure, accounting for X tons, which was near 96% of total exports in 2022. Pakistan (X tons) held a relatively small share of total exports.

India experienced a relatively flat trend pattern with regard to volume of exports of articles of cellulose fibre-cement, not containing asbestos. Pakistan (-13.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India increased by +12 percentage points.

In value terms, India ($X) remains the largest articles of cellulose fibre-cement, not containing asbestos supplier in Southern Asia, comprising 97% of total exports. The second position in the ranking was held by Pakistan ($X), with a 2.6% share of total exports.

In India, exports of articles of cellulose fibre-cement, not containing asbestos expanded at an average annual rate of +2.4% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, stabilizing at the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for articles of cellulose fibre-cement, not containing asbestos increased by +80.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 44%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.9%).

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

Imports in Southern Asia

Imports of articles of cellulose fibre-cement, not containing asbestos soared to X tons in 2022, increasing by 36% against 2021 figures. Over the period under review, imports, however, showed a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 149%. Over the period under review, imports of attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos dropped to $X in 2022. Overall, imports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of 81% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Pakistan (X tons) represented the largest importer of articles of cellulose fibre-cement, not containing asbestos, committing 47% of total imports. Bhutan (X tons) held a 30% share (based on physical terms) of total imports, which put it in second place, followed by India (11%) and Maldives (6.9%). The following importers - Bangladesh (X tons) and Nepal (X tons) - each finished at a 4.2% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +33.4%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Bhutan ($X) constitutes the largest market for imported articles of cellulose fibre-cement, not containing asbestos in Southern Asia, comprising 85% of total imports. The second position in the ranking was taken by India ($X), with a 6.8% share of total imports. It was followed by Pakistan, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value in Bhutan amounted to +14.6%. In the other countries, the average annual rates were as follows: India (-28.2% per year) and Pakistan (+26.6% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, which is down by -36.7% against the previous year. In general, the import price, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 when the import price increased by 241% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped remarkably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bhutan (+20.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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