Asia: Market for Wood Concrete Shuttering, Shingles and Shakes 2024

Market Size for Wood Concrete Shuttering, Shingles and Shakes in Asia

The Asian market for wood concrete shuttering, shingles and shakes rose slightly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Wood Concrete Shuttering, Shingles and Shakes in Asia

In value terms, wood concrete shuttering and shingle production stood at $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Wood Concrete Shuttering, Shingles and Shakes

Exports in Asia

In 2022, the amount of wood concrete shuttering, shingles and shakes exported in Asia fell dramatically to X tons, declining by X% against the year before. Total exports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, wood concrete shuttering and shingle exports declined rapidly to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then reduced sharply in the following year.

Exports by Country

In 2022, China (X tons) was the main exporter of wood concrete shuttering, shingles and shakes, constituting X% of total exports. It was distantly followed by Israel (X tons), generating a X% share of total exports. South Korea (X tons), Turkey (X tons), the United Arab Emirates (X tons), Malaysia (X tons) and India (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to wood concrete shuttering and shingle exports from China stood at X%. At the same time, Israel (X%), South Korea (X%), the United Arab Emirates (X%), Turkey (X%) and India (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. While the share of Israel (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (X p.p.) and Malaysia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest wood concrete shuttering and shingle supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports. It was followed by India, with a X% share.

In China, wood concrete shuttering and shingle exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Imports of Wood Concrete Shuttering, Shingles and Shakes

Imports in Asia

In 2022, purchases abroad of wood concrete shuttering, shingles and shakes was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, imports, however, recorded a slight downturn. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, wood concrete shuttering and shingle imports rose rapidly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons), followed by Palestine (X tons), the United Arab Emirates (X tons), India (X tons), Hong Kong SAR (X tons), Macao SAR (X tons), Israel (X tons) and Saudi Arabia (X tons) represented the main importers of wood concrete shuttering, shingles and shakes, together making up X% of total imports. Thailand (X tons), Qatar (X tons), Japan (X tons), Kazakhstan (X tons) and Iraq (X tons) followed a long way behind the leaders.

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

In value terms, the largest wood concrete shuttering and shingle importing markets in Asia were Turkey ($X), Palestine ($X) and the United Arab Emirates ($X), together comprising X% of total imports.

Among the main importing countries, Palestine, 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 leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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