Central Asia: Fiberboard Market 2024

Fiberboard Market Size in Central Asia

The Central Asian fiberboard market rose markedly to $X in 2022, increasing by 13% against the previous year. In general, consumption, however, recorded a remarkable increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Fiberboard Production in Central Asia

In value terms, fiberboard production rose slightly to $X in 2022 estimated in export price. Overall, production saw a deep downturn. The pace of growth was the most pronounced in 2016 when the production volume increased by 4,148%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Fiberboard Exports

Exports in Central Asia

In 2022, after seven years of growth, there was significant decline in shipments abroad of fiber board of wood or other ligneous materials, when their volume decreased by -25.3% to X cubic meters. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 755%. The volume of export peaked at X cubic meters in 2021, and then dropped sharply in the following year.

In value terms, fiberboard exports reduced rapidly to $X in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 717%. The level of export peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

Kyrgyzstan (X cubic meters) and Uzbekistan (X cubic meters) represented roughly 78% of total exports in 2022. It was distantly followed by Kazakhstan (X cubic meters), making up a 21% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Uzbekistan (with a CAGR of +33.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fiberboard supplying countries in Central Asia were Uzbekistan ($X), Kyrgyzstan ($X) and Kazakhstan ($X), with a combined 99% share of total exports.

In terms of the main exporting countries, Uzbekistan, with a CAGR of +42.6%, saw the highest growth rate of the value of exports, 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 Central Asia stood at $X per cubic meter in 2022, with an increase of 7.6% against the previous year. Over the period under review, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of 11%. 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 failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per cubic meter), while Kyrgyzstan ($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 Uzbekistan (+7.2%), while the other leaders experienced a decline in the export price figures.

Fiberboard Imports

Imports in Central Asia

In 2022, imports of fiber board of wood or other ligneous materials in Central Asia contracted to X cubic meters, standing approx. at the previous year's figure. Over the period under review, imports, however, saw strong growth. The growth pace was the most rapid in 2017 when imports increased by 55% against the previous year. Over the period under review, imports reached the maximum at X cubic meters in 2021, and then fell in the following year.

In value terms, fiberboard imports expanded remarkably to $X in 2022. Overall, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 89% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Kazakhstan (X cubic meters) and Uzbekistan (X cubic meters) prevails in imports structure, together mixing up 74% of total imports. It was distantly followed by Kyrgyzstan (X cubic meters), Tajikistan (X cubic meters), Turkmenistan (X cubic meters) and Mongolia (X cubic meters), together mixing up a 26% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +11.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fiberboard importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Kyrgyzstan ($X), with a combined 87% share of total imports.

Uzbekistan, with a CAGR of +19.1%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 Central Asia amounted to $X per cubic meter, growing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2017 an increase of 22% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per cubic meter), while Tajikistan ($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 Uzbekistan (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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