ASEAN: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in ASEAN

The ASEAN market for prefabricated buildings of plastics, concrete or aluminium expanded to $X in 2023, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in ASEAN

In value terms, production of prefabricated buildings of plastics, concrete or aluminium expanded significantly to $X in 2023 estimated in export price. The total output 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 growth pace was the most rapid in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2022 to 2023, production of growth remained at a lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports in ASEAN

In 2023, the amount of prefabricated buildings of plastics, concrete or aluminium exported in ASEAN surged to X tons, rising by X% compared with the year before. Over the period under review, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports of remained at a lower figure.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium declined slightly to $X in 2023. Overall, exports continue to indicate a tangible increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

In 2023, Malaysia (X tons) represented the largest exporter of prefabricated buildings of plastics, concrete or aluminium, constituting X% of total exports. Vietnam (X tons) held the second position in the ranking, distantly followed by Singapore (X tons). All these countries together held approx. X% share of total exports. Thailand (X tons) followed a long way behind the leaders.

Malaysia was also the fastest-growing in terms of the prefabricated buildings of plastics, concrete or aluminium exports, with a CAGR of X% from 2012 to 2023. At the same time, Vietnam (X%) and Singapore (X%) displayed positive paces of growth. By contrast, Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Malaysia and Vietnam increased by X and X percentage points, respectively.

In value terms, Vietnam ($X) remains the largest prefabricated buildings of plastics, concrete or aluminium supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In Vietnam, exports of prefabricated buildings of plastics, concrete or aluminium increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2023, the export price in ASEAN amounted to $X per ton, declining by X% against the previous year. Overall, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 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 Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the export price figures.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports in ASEAN

In 2023, overseas purchases of prefabricated buildings of plastics, concrete or aluminium decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium rose to $X in 2023. Total imports indicated a notable increase 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. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports of hit record highs in 2023 and are expected to retain growth in years to come.

Imports by Country

Indonesia was the main importer of prefabricated buildings of plastics, concrete or aluminium in ASEAN, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2023. Malaysia (X tons) ranks second in terms of the total imports with a X% share, followed by Thailand (X%), the Philippines (X%), Singapore (X%) and Cambodia (X%). Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to prefabricated buildings of plastics, concrete or aluminium imports into Indonesia stood at X%. At the same time, Malaysia (X%), Cambodia (X%), the Philippines (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2023. By contrast, Vietnam (X%) and Singapore (X%) illustrated a downward trend over the same period. Indonesia (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total imports, while Vietnam and Singapore saw its share reduced by 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 largest prefabricated buildings of plastics, concrete or aluminium importing markets in ASEAN were Indonesia ($X), the Philippines ($X) and Thailand ($X), with a combined X% share of total imports.

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries 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 ASEAN stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat 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 the Philippines ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform