Overview of the Global Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

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

The global articles of fiber cement market contracted modestly to $X in 2023, which is down by X% against the previous year. In general, consumption continues to indicate a noticeable contraction. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the global market remained at a somewhat lower figure.

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

In value terms, articles of fiber cement production amounted to $X in 2023 estimated in export price. Overall, production saw a pronounced decrease. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2023, global production growth failed to regain momentum.

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

Exports

In 2023, after three years of growth, there was significant decline in overseas shipments of articles of asbestos-cement, cellulose fiber-cement or the like, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the global exports reached the maximum at X tons in 2022, and then contracted in the following year.

In value terms, articles of fiber cement exports declined modestly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The global exports peaked at $X in 2022, and then declined in the following year.

Exports by Country

In 2023, Thailand (X tons) was the largest exporter of articles of asbestos-cement, cellulose fiber-cement or the like, creating X% of total exports. China (X tons) ranks second in terms of the total exports with a X% share, followed by the United States (X%) and Malaysia (X%). The following exporters - the Czech Republic (X tons), India (X tons), Indonesia (X tons), Belgium (X tons), Russia (X tons), Italy (X tons), Colombia (X tons), Turkey (X tons) and El Salvador (X tons) - together made up X% of total exports.

Exports from Thailand increased at an average annual rate of X% from 2012 to 2023. At the same time, Indonesia (X%), India (X%), the United States (X%), China (X%), El Salvador (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The Czech Republic and Turkey experienced a relatively flat trend pattern. By contrast, Belgium (X%), Italy (X%), Malaysia (X%) and Russia (X%) illustrated a downward trend over the same period. Thailand (X p.p.), Indonesia (X p.p.), China (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the global exports, while the Czech Republic, Italy, Belgium, Russia and Malaysia saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Thailand ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2023, together accounting for X% of global exports. Belgium, the Czech Republic, Italy, Malaysia, India, Turkey, Colombia, Indonesia, El Salvador and Russia lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2023, the average articles of fiber cement export price amounted to $X per ton, rising by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The global export price peaked in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

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

Imports

In 2023, after two years of growth, there was significant decline in overseas purchases of articles of asbestos-cement, cellulose fiber-cement or the like, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Global imports peaked at X tons in 2022, and then fell notably in the following year.

In value terms, articles of fiber cement imports contracted to $X in 2023. In general, total imports indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Global imports peaked at $X in 2022, and then contracted in the following year.

Imports by Country

The purchases of the twelve major importers of articles of asbestos-cement, cellulose fiber-cement or the like, namely the Philippines, the UK, the United States, Canada, Taiwan (Chinese), Lao People's Democratic Republic, Denmark, South Korea, France, Malaysia, Germany and Kazakhstan, represented more than half of total import. Ireland (X tons) followed a long way behind the leaders.

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

In value terms, Canada ($X), the UK ($X) and the United States ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of global imports.

Among the main importing countries, the UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average articles of fiber cement import price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X%. Global import price peaked in 2023 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform