Southern Asia: 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 Southern Asia

The South Asian market for boards, sheets, panels, tiles and similar articles of plaster faced with paper shrank to $X in 2021, which is down by -6.3% against the previous year. Overall, consumption saw a pronounced setback. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster faced with paper declined to $X in 2021 estimated in export price. Over the period under review, production showed a perceptible setback. The growth pace was the most rapid in 2020 when the production volume increased by 20%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

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

Exports by Country

India dominates paper structure, recording X square meters, which was near 95% of total exports in 2021. Pakistan (X square meters) took a minor share of total exports.

India was also the fastest-growing in terms of the boards, sheets, panels, tiles and similar articles of plaster faced with paper exports, with a CAGR of +77.1% from 2012 to 2021. Pakistan (-16.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India increased by +93 percentage points.

In value terms, India ($X) remains the largest board, sheet, panel and tile faced with paper supplier in Southern Asia, comprising 96% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in India amounted to +52.5%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per square meter, increasing by 7.8% against the previous year. In general, the export price showed tangible growth. The most prominent rate of growth was recorded in 2016 when the export price increased by 91% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2017 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was India ($X per square meter), while Pakistan amounted to $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+1.9%).

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

Imports in Southern Asia

In 2021, overseas purchases of boards, sheets, panels, tiles and similar articles of plaster faced with paper were finally on the rise to reach X square meters for the first time since 2017, thus ending a three-year declining trend. In general, imports saw a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by 51%. Over the period under review, imports of hit record highs at X square meters in 2017; however, from 2018 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 skyrocketed to $X in 2021. Overall, imports saw a remarkable increase. The pace of growth was the most pronounced in 2017 when imports increased by 55% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, India (X square meters) represented the main importer of boards, sheets, panels, tiles and similar articles of plaster faced with paper, achieving 70% of total imports. Nepal (X square meters) ranks second in terms of the total imports with a 17% share, followed by Sri Lanka (5%). Bangladesh (X square meters), Maldives (X square meters) and Pakistan (X square meters) followed a long way behind the leaders.

Imports into India increased at an average annual rate of +17.9% from 2012 to 2021. At the same time, Nepal (+28.7%), Pakistan (+20.4%), Maldives (+7.9%) and Bangladesh (+7.6%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +28.7% from 2012-2021. Sri Lanka experienced a relatively flat trend pattern. While the share of India (+10 p.p.) and Nepal (+10 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Maldives (-2.1 p.p.), Bangladesh (-3.5 p.p.) and Sri Lanka (-14.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported boards, sheets, panels, tiles and similar articles of plaster faced with paper in Southern Asia, comprising 62% of total imports. The second position in the ranking was held by Nepal ($X), with a 21% share of total imports. It was followed by Sri Lanka, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +16.0%. In the other countries, the average annual rates were as follows: Nepal (+30.0% per year) and Sri Lanka (+0.7% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per square meter, rising by 8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per square meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Pakistan ($X per square meter), while Bangladesh ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :