Southern Asia: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2025

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Southern Asia

The South Asian market for articles of asbestos-cement, of cellulose fibre-cement reduced modestly to $X in 2021, remaining constant against the previous year. In general, consumption, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the market value increased by 8.9% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Southern Asia

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement dropped modestly to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 6.6%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports in Southern Asia

In 2021, after two years of growth, there was significant decline in overseas shipments of articles of asbestos-cement, of cellulose fibre-cement, when their volume decreased by -41.3% to X tons. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2014 when exports increased by 100% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement declined notably to $X in 2021. In general, exports saw a precipitous decline. The pace of growth was the most pronounced in 2014 when exports increased by 26% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

India dominates fibre-cement structure, finishing at X tons, which was near 95% of total exports in 2021. It was distantly followed by Bangladesh (X tons), comprising a 5.2% share of total exports.

Exports from India decreased at an average annual rate of -17.5% from 2012 to 2021. At the same time, Bangladesh (+34.5%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +34.5% from 2012-2021. While the share of Bangladesh (+5.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of India (-5.2 p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest articles of asbestos-cement, of cellulose fibre-cement supplier in Southern Asia, comprising 96% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a 3.1% share of total exports.

In India, exports of articles of asbestos-cement, of cellulose fibre-cement shrank by an average annual rate of -21.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, shrinking by -1.8% against the previous year. In general, the export price continues to indicate a pronounced descent. The growth pace was the most rapid in 2015 when the export price increased by 28%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat 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 India ($X per ton), while Bangladesh amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (-4.0%).

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports in Southern Asia

In 2021, imports of articles of asbestos-cement, of cellulose fibre-cement in Southern Asia declined slightly to X tons, reducing by -4.2% on 2020 figures. Over the period under review, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 184%. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement surged to $X in 2021. Total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 90%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Pakistan dominates fibre-cement structure, finishing at X tons, which was approx. 76% of total imports in 2021. Maldives (X tons) ranks second in terms of the total imports with an 8.8% share, followed by Bangladesh (8.3%) and India (5.2%).

Pakistan was also the fastest-growing in terms of the articles of asbestos-cement, of cellulose fibre-cement imports, with a CAGR of +52.1% from 2012 to 2021. At the same time, Bangladesh (+25.2%), Maldives (+5.5%) and India (+1.8%) displayed positive paces of growth. From 2012 to 2021, the share of Pakistan and Bangladesh increased by +73 and +6.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X), Bangladesh ($X) and India ($X) constituted the countries with the highest levels of imports in 2021, with a combined 85% share of total imports.

In terms of the main importing countries, Pakistan, with a CAGR of +85.0%, recorded the highest growth rate of the value of imports, 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 Southern Asia stood at $X per ton in 2021, picking up by 58% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the import price increased by 110% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+21.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :