Southern Asia: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Southern Asia

The South Asian market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders reached $X in 2023, with an increase of X% against the previous year. The total consumption indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Southern Asia

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded modestly to $X in 2023 estimated in export price. The total production indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production of attained the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in Southern Asia

After two years of growth, overseas shipments of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by X% to X square meters in 2023. Overall, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2019 with an increase of X%. The volume of export peaked at X square meters in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders declined dramatically to $X in 2023. Over the period under review, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2022 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

India represented the key exporter of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Southern Asia, with the volume of exports reaching X square meters, which was near X% of total exports in 2023. It was distantly followed by Sri Lanka (X square meters), making up a X% share of total exports.

Exports from India decreased at an average annual rate of X% from 2012 to 2023. At the same time, Sri Lanka (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. While the share of Sri Lanka (X p.p.) and India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in India amounted to X%.

Export Prices by Country

The export price in Southern Asia stood at $X per square meter in 2023, picking up by X% against the previous year. Export price indicated a resilient expansion from 2012 to 2023: its price 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. Based on 2023 figures, export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2023 and is expected to retain 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 India ($X per square meter), while Sri Lanka stood at $X per square meter.

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

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in Southern Asia

In 2023, after two years of growth, there was significant decline in purchases abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, when their volume decreased by X% to X square meters. Total imports indicated a resilient increase from 2012 to 2023: its volume 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 pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports of reached the peak figure at X square meters in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders fell dramatically to $X in 2023. Total imports indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, namely India, Pakistan and Maldives, represented more than two-thirds of total import. It was distantly followed by Bangladesh (X square meters), comprising a X% share of total imports. The following importers - Nepal (X square meters) and Sri Lanka (X square meters) - each finished at a X% share of total imports.

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

In value terms, Maldives ($X), India ($X) and Pakistan ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Bangladesh, Sri Lanka and Nepal lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Bangladesh, with a CAGR of X%, saw the highest growth rate of 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

In 2023, the import price in Southern Asia amounted to $X per square meter, falling by X% against the previous year. In general, the import price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Sri Lanka ($X per square meter), while Pakistan ($X per square meter) 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