China - Fibreboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

China - Fibreboard - Market Analysis, Forecast, Size, Trends and Insights

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Fibreboard Prices in China

China Fibreboard Export Price in September 2022

In September 2022, the fibreboard price amounted to $441 per cubic meter (FOB, China), which is down by -7.9% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 an increase of 21% against the previous month. The export price peaked at $548 per cubic meter in April 2022; however, from May 2022 to September 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2022, the country with the highest price was the United States ($820 per cubic meter), while the average price for exports to Vietnam ($262 per cubic meter) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

China Fibreboard Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In September 2022, the product with the highest price was insulating board ($1,016 per cubic meter), while the average price for exports of MDF ($425 per cubic meter) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: hardboard (-0.7%), while the prices for the other products experienced a decline.

China Fibreboard Exports

In September 2022, after three months of decline, there was significant growth in overseas shipments of fibreboard, when their volume increased by 14% to 203K cubic meters. Overall, exports, however, saw a slight curtailment. The most prominent rate of growth was recorded in May 2022 with an increase of 31% m-o-m. As a result, the exports reached the peak of 268K cubic meters. From June 2022 to September 2022, the growth of the exports failed to regain momentum.

In value terms, fibreboard exports stood at $90M (IndexBox estimates) in September 2022. Over the period under review, exports, however, recorded a pronounced setback. The most prominent rate of growth was recorded in April 2022 when exports increased by 19% month-to-month. Over the period under review, the exports hit record highs at 127M cubic meters in May 2022; however, from June 2022 to September 2022, the exports remained at a lower figure.

China Fibreboard Exports by Type

MDF (192K cubic meters) was the largest type of fibreboard exported from China, accounting for a 94% share of total exports. Moreover, MDF exceeded the volume of the second product type, hardboard (11K cubic meters), more than tenfold.

From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of export of MDF totaled -2.1%. With regard to the other exported products, the following average monthly rates of growth were recorded: hardboard (+1.5% per month) and insulating board (+9.2% per month).

In value terms, MDF ($81M) remains the largest type of fibreboard exported from China, comprising 91% of total exports. The second position in the ranking was taken by hardboard ($7.8M), with an 8.7% share of total exports.

From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of MDF amounted to -3.1%. With regard to the other exported products, the following average monthly rates of growth were recorded: hardboard (+0.8% per month) and insulating board (+0.6% per month).

China Fibreboard Exports by Country

Saudi Arabia (37K cubic meters), the United Arab Emirates (25K cubic meters) and Vietnam (14K cubic meters) were the main destinations of fibreboard exports from China, together comprising 37% of total exports. the United States, Algeria, Mexico, Australia, Canada, Jordan, Nigeria, Iraq, Uzbekistan and Russia lagged somewhat behind, together comprising a further 35%.

From January 2022 to September 2022, the biggest increases were in Jordan (with a CAGR of +51.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fibreboard exported from China were the United States ($10M), Saudi Arabia ($10M) and the United Arab Emirates ($7.9M), together accounting for 32% of total exports. These countries were followed by Australia, Canada, Vietnam, Mexico, Uzbekistan, Russia, Algeria, Nigeria, Jordan and Iraq, which together accounted for a further 33%.

Among the main countries of destination, Jordan, with a CAGR of +41.6%, saw 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.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fibreboard market in China. 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:

  • FCL 1647 - Hardboard
  • FCL 1648 - MDF/HDF
  • FCL 1650 - Other fibreboard

Country coverage:

Data coverage:

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