Southern Asia: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2024

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Southern Asia

The South Asian market for articles of asbestos-cement, of cellulose fibre-cement declined notably to $X in 2023, with a decrease of X% against the previous year. Over the period under review, consumption showed a deep contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Southern Asia

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement declined modestly to $X in 2023 estimated in export price. In general, production showed a abrupt decline. The most prominent rate of growth was recorded in 2022 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports in Southern Asia

In 2023, the amount of articles of asbestos-cement, of cellulose fibre-cement exported in Southern Asia rose remarkably to X tons, surging by X% compared with the year before. Over the period under review, exports, however, faced a deep reduction. The pace of growth appeared the most rapid in 2022 when exports increased by X%. Over the period under review, the exports of attained the maximum at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement reduced to $X in 2023. In general, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2022 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

India prevails in fibre-cement structure, finishing at X tons, which was near X% of total exports in 2023. Bangladesh (X tons) took a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to articles of asbestos-cement, of cellulose fibre-cement exports from India stood at X%. At the same time, Bangladesh (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. While the share of Bangladesh (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest articles of asbestos-cement, of cellulose fibre-cement supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports.

In India, exports of articles of asbestos-cement, of cellulose fibre-cement decreased by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2023, which is down by X% against the previous year. In general, the export price saw a mild contraction. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.

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 India ($X per ton), while Bangladesh totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%).

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports in Southern Asia

In 2023, imports of articles of asbestos-cement, of cellulose fibre-cement in Southern Asia shrank to X tons, dropping by X% against 2022. In general, imports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement declined sharply to $X in 2023. Over the period under review, imports showed a mild reduction. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports of attained the maximum at $X in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Pakistan dominates fibre-cement structure, recording X tons, which was approx. X% of total imports in 2023. It was distantly followed by Maldives (X tons), making up a X% share of total imports. India (X tons) followed a long way behind the leaders.

Pakistan was also the fastest-growing in terms of the articles of asbestos-cement, of cellulose fibre-cement imports, with a CAGR of X% from 2012 to 2023. At the same time, Maldives (X%) displayed positive paces of growth. By contrast, India (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Pakistan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest articles of asbestos-cement, of cellulose fibre-cement importing markets in Southern Asia were Pakistan ($X), Maldives ($X) and India ($X), together accounting for X% of total imports.

Pakistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2023, waning by X% against the previous year. Overall, the import price continues to indicate a noticeable slump. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2023, 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 Maldives ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform