Report Update Apr 1, 2024

Eastern Asia - Wooden Particle Board - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Wooden Particle Board Market 2024

Wooden Particle Board Market Size in Eastern Asia

The East Asian wooden particle board market fell to $X in 2021, shrinking by -10.7% against the previous year. Overall, consumption, however, saw a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Wooden Particle Board Production in Eastern Asia

In value terms, wooden particle board production fell to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 39%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wooden Particle Board Exports

Exports in Eastern Asia

In 2021, shipments abroad of wooden particle board increased by 131% to X cubic meters, rising for the second consecutive year after three years of decline. Over the period under review, exports recorded a measured expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 223% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, wooden particle board exports surged to $X in 2021. Overall, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 334% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the near future.

Exports by Country

China (X cubic meters) represented roughly 100% of total exports in 2021.

China was also the fastest-growing in terms of the wooden particle board exports, with a CAGR of +4.6% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest wooden particle board supplier in Eastern Asia.

In China, wooden particle board exports expanded at an average annual rate of +15.6% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per cubic meter in 2021, waning by -6% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of 51%. Over the period under review, the export prices reached the peak figure at $X per cubic meter in 2020, and then contracted in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +10.6% per year.

Wooden Particle Board Imports

Imports in Eastern Asia

In 2021, supplies from abroad of wooden particle board decreased by -35.8% to X cubic meters, falling for the fourth consecutive year after three years of growth. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 with an increase of 18% against the previous year. The volume of import peaked at X cubic meters in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, wooden particle board imports rose notably to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 22%. The level of import peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China dominates imports structure, amounting to X cubic meters, which was approx. 90% of total imports in 2021. It was distantly followed by Taiwan (Chinese) (X cubic meters), mixing up a 9.3% share of total imports.

Imports into China decreased at an average annual rate of -8.2% from 2012 to 2021. At the same time, Taiwan (Chinese) (+11.5%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +11.5% from 2012-2021. While the share of Taiwan (Chinese) (+7.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of China (-7.2 p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported wooden particle board in Eastern Asia, comprising 90% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 9.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value in China stood at -1.4%.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per cubic meter, increasing by 75% against the previous year. Import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden particle board import price increased by +98.6% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per cubic meter), while Taiwan (Chinese) stood at $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.5%).

Source: IndexBox Platform

This report provides an in-depth analysis of the wooden particle board market in Eastern Asia. 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:

China
Democratic People's Republic of Korea
Hong Kong SAR
Japan
Macao SAR
South Korea
Taiwan (Chinese)

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Eastern Asia, split by region and country
Trade (exports and imports) in Eastern Asia
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023