Thailand: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Thailand

In 2023, after three years of decline, there was significant growth in the Thai articles of fiber cement market, when its value increased by X% to $X. Over the period under review, consumption showed a deep downturn. Articles of fiber cement consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Thailand

In value terms, articles of fiber cement production reached $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Thailand

After three years of growth, shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like decreased by X% to X tons in 2023. In general, exports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2022, and then fell in the following year.

In value terms, articles of fiber cement exports reduced to $X in 2023. Over the period under review, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2022, and then dropped in the following year.

Exports by Country

The Philippines (X tons), Myanmar (X tons) and Lao People's Democratic Republic (X tons) were the main destinations of articles of fiber cement exports from Thailand, together accounting for X% of total exports. Vietnam, Cambodia, Australia, Malaysia and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Australia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for articles of fiber cement exported from Thailand were the Philippines ($X), Myanmar ($X) and Lao People's Democratic Republic ($X), together comprising X% of total exports. Vietnam, Australia, Cambodia, Malaysia and India lagged somewhat behind, together accounting for a further X%.

Australia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average articles of fiber cement export price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the export price, however, recorded a mild setback. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (X%), while the prices for the other major destinations experienced a decline.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Thailand

In 2023, purchases abroad of articles of asbestos-cement, cellulose fiber-cement or the like increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports posted a measured expansion. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, articles of fiber cement imports skyrocketed to $X in 2023. In general, imports posted a slight expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, China (X tons) was the main supplier of articles of fiber cement to Thailand, with a X% share of total imports. It was followed by Japan (X tons), with a X% share of total imports. The third position in this ranking was held by Belgium (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Belgium (X% per year).

In value terms, China ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Thailand, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2023, the average articles of fiber cement import price amounted to $X per ton, declining by X% against the previous year. In general, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform