Report Update: May 1, 2024

Vietnam - Wooden Particle Board - Market Analysis, Forecast, Size, Trends And Insights

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Wooden Particle Board Price in Vietnam - 2022

Wooden Particle Board Price in Vietnam (CIF) - 2022

The average wooden particle board import price stood at $384 per cubic meter in 2022, waning by -11.2% against the previous year. Overall, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23% against the previous year. The import price peaked at $577 per cubic meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($385 per cubic meter), while the price for Austria ($289 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-4.2%), while the prices for the other major suppliers experienced a decline.

Wooden Particle Board Price in Vietnam (FOB) - 2022

The average wooden particle board export price stood at $518 per cubic meter in 2022, reducing by -4.4% against the previous year. In general, the export price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 60% against the previous year. The export price peaked at $542 per cubic meter in 2021, and then dropped slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($1,535 per cubic meter), while the average price for exports to China ($312 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Particle Board Imports in Vietnam

In 2022, approx. 18K cubic meters of wooden particle board were imported into Vietnam; rising by 22% compared with 2021 figures. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,212%. As a result, imports attained the peak of 22K cubic meters. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, wooden particle board imports expanded sharply to $7M in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,260% against the previous year. As a result, imports reached the peak of $7.5M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Wooden Particle Board in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	0.3	4.9	2.2	6.2	174.4%
Thailand	0.1	2.2	3.9	0.8	100.0%
Others	0.1	0.5	0.4	0.1	0.0%
Total	0.6	7.5	6.5	7.0	126.8%

Top Suppliers of Wooden Particle Board to Vietnam in 2022:

China (16.0K cubic meters)
Thailand (2.0K cubic meters)

Wooden Particle Board Exports in Vietnam

In 2022, overseas shipments of wooden particle board were finally on the rise to reach 1.1K cubic meters after two years of decline. In general, exports, however, showed a deep slump. The exports peaked at 1.3K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden particle board exports totaled $595K in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at $605K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Wooden Particle Board in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	371	220	182	193	-19.6%
Malaysia	22.4	52.6	125	135	82.0%
Cambodia	18.4	108	99.0	115	84.2%
Saudi Arabia	84.9	104	77.7	73.7	-4.6%
South Korea	58.4	38.5	47.1	26.9	-22.8%
Others	49.9	74.8	60.8	51.0	0.7%
Total	605	598	592	595	-0.6%

Top Export Markets for Wooden Particle Board from Vietnam in 2022:

China (618.0 cubic meters)
Malaysia (260.0 cubic meters)
Cambodia (125.0 cubic meters)
South Korea (53.0 cubic meters)
Saudi Arabia (48.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wooden particle board market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 16211319 - Waferboard and similar board, of wood (excluding particle board and oriented strand board [OSB])

Country coverage:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023