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India - Waferboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

India - Waferboard - Market Analysis, Forecast, Size, Trends and Insights

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Aug 15, 2023

Price of Waferboard in India Drops Slightly to $167/m³

India Waferboard Import Price in May 2023

In May 2023, the waferboard price stood at $167 per cubic meter (CIF, India), waning by -1.5% against the previous month. Overall, the import price recorded a pronounced slump. The pace of growth appeared the most rapid in March 2023 an increase of 191% month-to-month. As a result, import price attained the peak level of $513K per thousand cubic meters. From April 2023 to May 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($355 per cubic meter), while the price for Thailand ($131 per cubic meter) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.0%), while the prices for the other major suppliers experienced a decline.

India Waferboard Import Prices By Country (USD Per Cubic Meter)
COUNTRYImport Price of Waferboard in India (USD per cubic meter)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
Germany356380343428341344357387398397451391355
Bhutan280278260298304273266262268272270277278
Malaysia213200228249192176178174175181182153208
Thailand230214193188184170149140141137134125131
Average242259262249227186177171162176513169167

India Waferboard Imports

In May 2023, supplies from abroad of waferboards increased by 13% to 12K cubic meters, rising for the second consecutive month after two months of decline. Over the period under review, imports enjoyed a slight increase. The pace of growth was the most pronounced in April 2023 when imports increased by 93% m-o-m. Imports peaked at 18K cubic meters in January 2023; however, from February 2023 to May 2023, imports remained at a lower figure.

In value terms, waferboard imports rose significantly to $2.1M (IndexBox estimates) in May 2023. Overall, imports, however, saw a mild decrease. The most prominent rate of growth was recorded in March 2023 when imports increased by 96% m-o-m. Over the period under review, imports hit record highs at 3M cubic meters in January 2023; however, from February 2023 to May 2023, imports stood at a somewhat lower figure.

India Waferboard Imports by Country

In May 2023, Thailand (8.6K cubic meters) constituted the largest waferboard supplier to India, with a 69% share of total imports. Moreover, waferboard imports from Thailand exceeded the figures recorded by the second-largest supplier, Malaysia (2.2K cubic meters), fourfold. Bhutan (566 cubic meters) ranked third in terms of total imports with a 4.5% share.

From May 2022 to May 2023, the average monthly growth rate of volume from Thailand amounted to +2.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Malaysia (-2.0% per month) and Bhutan (+0.9% per month).

In value terms, Thailand ($1.1M) constituted the largest supplier of waferboard to India, comprising 54% of total imports. The second position in the ranking was taken by Malaysia ($458K), with a 22% share of total imports. It was followed by Germany, with a 7.7% share.

From May 2022 to May 2023, the average monthly growth rate of value from Thailand amounted to -2.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Malaysia (-2.1% per month) and Germany (-2.5% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the waferboard market in India. 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 16211313 - Particle board, of wood

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 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

  12. 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

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