Asia-Pacific: Fiberboard Market 2025

Fiberboard Market Size in Asia-Pacific

The Asia-Pacific fiberboard market was finally on the rise to reach $X in 2022, after three years of decline. The market value increased at an average annual rate of +2.8% 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-Pacific

In value terms, fiberboard production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 20% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Fiberboard Exports

Exports in Asia-Pacific

In 2022, shipments abroad of fiber board of wood or other ligneous materials decreased by -3.7% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports attained the peak of X cubic meters, and then contracted slightly in the following year.

In value terms, fiberboard exports rose significantly to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 30%. The level of export peaked at $X in 2014; afterwards, it flattened through to 2022.

Exports by Country

Thailand (X cubic meters) and China (X cubic meters) prevails in exports structure, together creating 76% of total exports. New Zealand (X cubic meters) took the next position in the ranking, followed by Indonesia (X cubic meters) and Malaysia (X cubic meters). All these countries together took approx. 20% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +9.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest fiberboard supplying countries in Asia-Pacific were China ($X), Thailand ($X) and New Zealand ($X), with a combined 81% share of total exports. Malaysia and Indonesia lagged somewhat behind, together comprising a further 12%.

Indonesia, with a CAGR of +10.3%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per cubic meter in 2022, surging by 9.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by 10% against the previous year. Over the period under review, the export prices hit record highs 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 China ($X per cubic meter), while Thailand ($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 New Zealand (+2.2%), while the other leaders experienced more modest paces of growth.

Fiberboard Imports

Imports in Asia-Pacific

In 2022, the amount of fiber board of wood or other ligneous materials imported in Asia-Pacific shrank slightly to X cubic meters, almost unchanged from the previous year. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by 13% against the previous year. The volume of import peaked at X cubic meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, fiberboard imports reached $X in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Vietnam (X cubic meters) and Japan (X cubic meters) represented roughly 42% of total imports in 2022. South Korea (X cubic meters) ranks next in terms of the total imports with a 9.8% share, followed by Malaysia (7.5%), India (6.2%), Australia (5.4%), Indonesia (5.1%), Taiwan (Chinese) (4.9%) and the Philippines (4.5%).

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +12.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Vietnam ($X) and Australia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 50% of total imports. South Korea, India, Taiwan (Chinese), Indonesia, the Philippines and Malaysia lagged somewhat behind, together comprising a further 31%.

Among the main importing countries, the Philippines, with a CAGR of +6.6%, recorded the highest rates of growth with regard to the value of imports, 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-Pacific amounted to $X per cubic meter, surging by 1.8% against the previous year. In general, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2021 when the import price increased by 10%. Over the period under review, import prices hit record highs 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 Australia ($X per cubic meter), while Malaysia ($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 India (+1.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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