Asia: Fiberboard Market 2024

Fiberboard Market Size in Asia

In 2022, after three years of decline, there was growth in the Asian fiberboard market, when its value increased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Fiberboard Production in Asia

In value terms, fiberboard production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Fiberboard Exports

Exports in Asia

After two years of growth, shipments abroad of fiber board of wood or other ligneous materials decreased by X% to X cubic meters in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X cubic meters, and then declined in the following year.

In value terms, fiberboard exports amounted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Thailand (X cubic meters) and China (X cubic meters) were the main exporters of fiber board of wood or other ligneous materials in Asia, together recording near X% of total exports. Turkey (X cubic meters) ranks next in terms of the total exports with a X% share, followed by Indonesia (X%) and Malaysia (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Turkey ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Among the main exporting countries, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per cubic meter, increasing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per cubic meter), while Thailand ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced mixed trends in the export price figures.

Fiberboard Imports

Imports in Asia

In 2022, overseas purchases of fiber board of wood or other ligneous materials increased by X% to X cubic meters, rising for the second consecutive year after three years of decline. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of import peaked at X cubic meters in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, fiberboard imports rose modestly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Saudi Arabia (X cubic meters), Vietnam (X cubic meters), the United Arab Emirates (X cubic meters) and Japan (X cubic meters) represented roughly X% of total imports in 2022. It was distantly followed by Iraq (X cubic meters), comprising a X% share of total imports. The following importers - South Korea (X cubic meters), Kazakhstan (X cubic meters), Iran (X cubic meters), Uzbekistan (X cubic meters), Malaysia (X cubic meters), Turkey (X cubic meters), India (X cubic meters) and Syrian Arab Republic (X cubic meters) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fiberboard importing markets in Asia were Japan ($X), Saudi Arabia ($X) and Vietnam ($X), with a combined X% share of total imports. Uzbekistan, the United Arab Emirates, Kazakhstan, Iraq, South Korea, India, Turkey, Iran, Malaysia and Syrian Arab Republic lagged somewhat behind, together accounting for a further X%.

Uzbekistan, with a CAGR of X%, recorded 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

In 2022, the import price in Asia amounted to $X per cubic meter, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight downturn. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per cubic meter), while Syrian Arab Republic ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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