Thailand - Fiber Board Of Wood Or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThailand's Fiberboard Price Rises Slightly to $51.6 per Cubic Meter
Thailand Fiberboard Export Price in April 2023
In April 2023, the fiberboard price stood at $51.6 per cubic meter (FOB, Thailand), rising by 2% against the previous month. In general, the export price, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 5.3% month-to-month. Over the period under review, the average export prices reached the maximum at $61.7 per cubic meter in May 2022; however, from June 2022 to April 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In April 2023, the countries with the highest prices were Vietnam ($60.1 per cubic meter) and Kuwait ($56.0 per cubic meter), while the average price for exports to Lebanon ($43.4 per cubic meter) and Iraq ($44.7 per cubic meter) were amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+0.2%), while the prices for the other major destinations experienced mixed trend patterns.
| COUNTRY | Export Price of Fiberboard in Thailand (USD per cubic meter) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| Vietnam | 68.5 | 68.4 | 66.2 | 64.5 | 65.0 | 63.8 | 63.3 | 68.0 | 65.1 | 64.4 | 59.3 | 60.7 | 60.1 |
| Kuwait | 59.6 | 63.9 | N/A | 61.2 | 73.8 | 51.9 | 64.4 | 84.3 | 56.1 | 57.7 | 51.7 | 56.7 | 56.0 |
| Israel | 54.2 | N/A | 57.9 | N/A | N/A | 52.8 | N/A | 53.1 | 68.3 | 59.8 | 53.1 | 52.6 | 55.4 |
| South Korea | 62.6 | 57.6 | 57.8 | 55.0 | 61.1 | 54.5 | 51.2 | 57.0 | 56.4 | 56.3 | 53.2 | 54.8 | 54.1 |
| India | 63.1 | 61.0 | 66.3 | 61.5 | 64.2 | 57.1 | 54.5 | 57.5 | 55.0 | 54.9 | 49.5 | 50.0 | 50.2 |
| United Arab Emirates | 54.2 | 57.3 | 55.3 | 55.1 | 55.2 | 52.6 | 49.3 | 49.9 | 49.5 | 47.4 | 44.8 | 47.5 | 49.7 |
| Egypt | 50.3 | N/A | 52.9 | 55.1 | 59.6 | 54.8 | 48.2 | 51.3 | 50.8 | 51.6 | 45.4 | 44.0 | 49.0 |
| Saudi Arabia | 60.4 | 59.2 | 59.5 | 58.4 | 57.7 | 49.9 | 52.9 | 55.0 | 50.1 | 51.6 | 57.5 | 49.0 | 47.8 |
| Syrian Arab Republic | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 46.6 |
| Malaysia | 50.2 | 51.7 | 50.1 | 48.8 | 51.7 | 49.3 | 45.3 | 45.5 | 49.7 | 47.3 | 43.6 | 45.9 | 45.6 |
| Iraq | N/A | N/A | N/A | N/A | 114 | 52.0 | 77.7 | N/A | N/A | N/A | N/A | N/A | 44.7 |
| Lebanon | N/A | 61.0 | 53.7 | 63.3 | 53.6 | 50.1 | 57.9 | 56.0 | 48.8 | N/A | N/A | N/A | 43.4 |
| Turkey | N/A | N/A | N/A | N/A | N/A | N/A | 50.7 | N/A | N/A | N/A | N/A | 43.2 | N/A |
| Average | 60.7 | 61.7 | 56.9 | 59.9 | 59.0 | 54.9 | 54.2 | 56.8 | 51.6 | 52.5 | 50.4 | 50.6 | 51.6 |
Thailand Fiberboard Exports
In April 2023, exports of fiber board of wood or other ligneous materials from Thailand dropped to 1.4M cubic meters, shrinking by -7.5% on the previous month's figure. Over the period under review, total exports indicated a mild expansion from April 2022 to April 2023: its volume increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, exports increased by +14.8% against February 2023 indices. The growth pace was the most rapid in June 2022 when exports increased by 46% against the previous month. Over the period under review, the exports hit record highs at 1.6M cubic meters in March 2023, and then shrank in the following month.
In value terms, fiberboard exports declined to $74M (IndexBox estimates) in April 2023. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 when exports increased by 34% m-o-m. As a result, the exports reached the peak of $85M. From July 2022 to April 2023, the growth of the exports remained at a lower figure.
Thailand Fiberboard Exports by Country
Saudi Arabia (386K cubic meters), the United Arab Emirates (253K cubic meters) and Egypt (211K cubic meters) were the main destinations of fiberboard exports from Thailand, together accounting for 59% of total exports. These countries were followed by Vietnam, Israel, Kuwait, South Korea, Lebanon, Malaysia, India, Iraq and Syrian Arab Republic, which together accounted for a further 32%.
From April 2022 to April 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of +65.3%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for fiberboard exported from Thailand were Saudi Arabia ($18M), the United Arab Emirates ($13M) and Egypt ($10M), with a combined 56% share of total exports. These countries were followed by Vietnam, Kuwait, Israel, South Korea, Lebanon, Malaysia, India, Syrian Arab Republic and Iraq, which together accounted for a further 32%.
Iraq, with a CAGR of +47.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the fiberboard market in Thailand. 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 16211423 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness not exceeding 5 mm
- Prodcom 16211426 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 5 mm but not exceeding 9 mm
- Prodcom 16211429 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 9 mm
- Prodcom 16211443 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,8 g/cm.
- Prodcom 16211446 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,5 g/cm. but not exceeding 0,8 g/cm.
- Prodcom 16211449 - Fibreboard of wood or other ligneous materials (excluding medium density fibreboard [MDF]), whether or not bonded with resins or other organic substances, of a density not exceeding 0,5 g/cm.
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
