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

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

The South Asian market for wood concrete shuttering, shingles and shakes expanded to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption saw a prominent increase. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Wood Concrete Shuttering, Shingles and Shakes in Southern Asia

In value terms, wood concrete shuttering and shingle production rose slightly to $X in 2022 estimated in export price. Overall, production recorded a prominent increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Wood Concrete Shuttering, Shingles and Shakes

Exports in Southern Asia

In 2022, the amount of wood concrete shuttering, shingles and shakes exported in Southern Asia soared to X tons, surging by X% against 2021. In general, exports recorded a noticeable increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, wood concrete shuttering and shingle exports surged to $X in 2022. Overall, exports posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

In 2022, India (X tons) represented the largest exporter of wood concrete shuttering, shingles and shakes in Southern Asia, creating X% of total export.

India was also the fastest-growing in terms of the wood concrete shuttering, shingles and shakes exports, with a CAGR of X% from 2012 to 2022. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest wood concrete shuttering and shingle supplier in Southern Asia.

In India, wood concrete shuttering and shingle exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. Overall, the export price showed a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Wood Concrete Shuttering, Shingles and Shakes

Imports in Southern 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 2018, thus ending a three-year declining trend. In general, imports showed a moderate expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood concrete shuttering and shingle imports skyrocketed to $X in 2022. Overall, imports saw measured growth. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

India was the key importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Bangladesh (X tons), generating a X% share of total imports. The following importers - Maldives (X tons), Pakistan (X tons) and Afghanistan (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to wood concrete shuttering and shingle imports into India stood at X%. At the same time, Pakistan (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Maldives (X%) and Afghanistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bangladesh, India and Pakistan increased by X, X and X percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported wood concrete shuttering, shingles and shakes in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Maldives ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%. In the other countries, the average annual rates were as follows: Maldives (X% per year) and Bangladesh (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, recorded a mild downturn. The level of import peaked at $X per ton in 2012; however, from 2013 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 Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Maldives (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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