Global Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size

For the third year in a row, the global cellulose fibrecement sheet market recorded growth in sales value, which increased by 2.3% to $X in 2022. In general, consumption, however, recorded a noticeable slump. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the global market remained at a lower figure.

Cellulose Fibrecement Sheet Production

In value terms, cellulose fibrecement sheet production amounted to $X in 2022 estimated in export price. In general, production, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2013 when the production volume increased by 17%. As a result, production reached the peak level of $X. From 2014 to 2022, global production growth failed to regain momentum.

Cellulose Fibrecement Sheet Exports

Exports

In 2022, global cellulose fibrecement sheet exports expanded to X tons, with an increase of 2.6% on the previous year's figure. Overall, total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.3% against 2014 indices. The most prominent rate of growth was recorded in 2014 with an increase of 21%. Over the period under review, the global exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, cellulose fibrecement sheet exports expanded modestly to $X in 2022. Over the period under review, total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. The global exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

In 2022, Thailand (X tons) was the main exporter of sheets, panels and tiles of cellulose fibrecement, making up 35% of total exports. China (X tons) held a 7.8% share (based on physical terms) of total exports, which put it in second place, followed by the United States (7%), the Czech Republic (4.9%), India (4.8%) and Malaysia (4.6%). Belgium (X tons), Indonesia (X tons), El Salvador (X tons), Italy (X tons), Colombia (X tons), Turkey (X tons) and Lithuania (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cellulose fibrecement sheet exports from Thailand stood at +19.4%. At the same time, Indonesia (+37.9%), India (+14.6%), Lithuania (+11.1%), Colombia (+7.4%), El Salvador (+6.8%), the United States (+5.8%) and China (+5.1%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in the world, with a CAGR of +37.9% from 2012-2022. Turkey, the Czech Republic and Belgium experienced a relatively flat trend pattern. By contrast, Italy (-4.4%) and Malaysia (-5.1%) illustrated a downward trend over the same period. While the share of Thailand (+24 p.p.), Indonesia (+3.6 p.p.) and India (+2.6 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the Czech Republic (-3 p.p.), Belgium (-3.6 p.p.), Italy (-4.3 p.p.) and Malaysia (-9.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), the United States ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 40% share of global exports. Belgium, the Czech Republic, Italy, El Salvador, Lithuania, Turkey, Malaysia, India, Indonesia and Colombia lagged somewhat behind, together accounting for a further 33%.

Among the main exporting countries, Indonesia, with a CAGR of +35.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cellulose fibrecement sheet export price amounted to $X per ton, flattening at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 7.5%. The global export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the other global leaders experienced more modest paces of growth.

Cellulose Fibrecement Sheet Imports

Imports

Global cellulose fibrecement sheet imports stood at X tons in 2022, growing by 3.4% on the previous year's figure. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 20% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, cellulose fibrecement sheet imports expanded notably to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, the Philippines (X tons), followed by the United States (X tons), the UK (X tons), Canada (X tons) and Denmark (X tons) were the main importers of sheets, panels and tiles of cellulose fibrecement, together constituting 45% of total imports. Taiwan (Chinese) (X tons), New Zealand (X tons), South Korea (X tons), France (X tons), Germany (X tons), the Netherlands (X tons), Australia (X tons) and Belgium (X tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by New Zealand (with a CAGR of +27.1%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Canada ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2022, with a combined 29% share of global imports. The Philippines, New Zealand, Denmark, the Netherlands, France, Australia, South Korea, Germany, Belgium and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 35%.

New Zealand, with a CAGR of +36.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average cellulose fibrecement sheet import price stood at $X per ton in 2022, rising by 4.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 9.7% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+7.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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