Global Market for Articles of Fiber Cement
In value terms, articles of fiber cement production reached $ in estimated in export price. Over the period under review, production recorded a pronounced slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by %. Global production peaked at $ in 2007; however, from 2008 to , production failed to regain momentum.
The countries with the highest volumes of production in were China ( tons), Brazil ( tons) and the United States ( tons), together comprising % of global production.
From 2007 to , the biggest increases were in Brazil (with a CAGR of +%), while production for the other global leaders experienced mixed trends in the production figures.
The global articles of fiber cement market value rose slightly to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a pronounced descent. The pace of growth was the most pronounced in 2017 when the market value increased by %. Over the period under review, the global market attained the peak level at $ in 2007; however, from 2008 to , consumption failed to regain momentum.
From 2007 to , the biggest increases were in Brazil (with a CAGR of +%), while consumption for the other global leaders experienced a decline in the consumption figures.
In value terms, China ($), the United States ($) and Japan ($) were the countries with the highest levels of market value in , with a combined % share of the global market. Brazil, India, France, Nigeria, Turkey, Indonesia, Italy and Mexico lagged somewhat behind, together accounting for a further %.
Among the main consuming countries, Brazil, with a CAGR of +%, recorded the highest growth rate of market size, over the period under review, while market for the other global leaders experienced mixed trends in the market figures.
In , the highest levels of articles of fiber cement per capita consumption was registered in Brazil ( kg per person), followed by Japan ( kg per person), France ( kg per person) and Italy ( kg per person), while the world average per capita consumption of articles of fiber cement was estimated at kg per person.
In Brazil, articles of fiber cement per capita consumption expanded at an average annual rate of +% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Japan (-% per year) and France (-% per year).