Southern Asia: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Southern Asia

In 2021, after six years of decline, there was significant growth in the South Asian market for prefabricated buildings of plastics, concrete or aluminium, when its value increased by 48% to $X. In general, consumption, however, recorded a abrupt shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Southern Asia

In value terms, production of prefabricated buildings of plastics, concrete or aluminium expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2014 with an increase of 29% against the previous year. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports in Southern Asia

In 2021, exports of prefabricated buildings of plastics, concrete or aluminium in Southern Asia rose sharply to X tons, picking up by 12% compared with the year before. Total exports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -27.3% against 2019 indices. The growth pace was the most rapid in 2018 when exports increased by 29% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. Total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -10.2% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 45%. Over the period under review, the exports of reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

India prevails in aluminium structure, accounting for X tons, which was approx. 93% of total exports in 2021. Pakistan (X tons) and Afghanistan (X tons) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to prefabricated buildings of plastics, concrete or aluminium exports from India stood at +4.5%. At the same time, Pakistan (+32.8%) and Afghanistan (+6.7%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +32.8% from 2012-2021. While the share of Pakistan (+3.8 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest prefabricated buildings of plastics, concrete or aluminium supplier in Southern Asia, comprising 92% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 4.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in India stood at +6.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (+48.0% per year) and Afghanistan (+4.4% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, surging by 20% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Afghanistan ($X per ton), while India ($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 (+11.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports in Southern Asia

After two years of decline, purchases abroad of prefabricated buildings of plastics, concrete or aluminium increased by 2,404% to X tons in 2021. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium skyrocketed to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

The purchases of the one major importers of prefabricated buildings of plastics, concrete or aluminium, namely Pakistan, represented more than two-thirds of total import.

Pakistan was also the fastest-growing in terms of the prefabricated buildings of plastics, concrete or aluminium imports, with a CAGR of +69.0% from 2012 to 2021. While the share of Pakistan (+71 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) constitutes the largest market for imported prefabricated buildings of plastics, concrete or aluminium in Southern Asia.

In Pakistan, imports of prefabricated buildings of plastics, concrete or aluminium increased at an average annual rate of +5.1% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, reducing by -94% against the previous year. Over the period under review, the import price showed a sharp downturn. The most prominent rate of growth was recorded in 2019 an increase of 185%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Pakistan.

From 2012 to 2021, the rate of growth in terms of prices for Pakistan amounted to -37.8% per year.

Source: IndexBox Platform