CIS: Wood-Based Panels Market 2025

Wood-Based Panels Market Size in CIS

The CIS wood-based panels market shrank to $X in 2022, declining by X% against the previous year. Over the period under review, consumption showed a mild decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Wood-Based Panels Production in CIS

In value terms, wood-based panels production shrank slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Wood-Based Panels Exports

Exports in CIS

In 2022, the amount of wood-based panels exported in the CIS rose remarkably to X cubic meters, picking up by X% against the previous year's figure. Over the period under review, exports recorded resilient growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, wood-based panels exports contracted to $X in 2022. In general, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank slightly in the following year.

Exports by Country

In 2022, Russia (X cubic meters) was the major exporter of wood-based panels, constituting X% of total exports. It was distantly followed by Belarus (X cubic meters), committing a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to wood-based panels exports from Russia stood at X%. At the same time, Belarus (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest wood-based panels supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

In Russia, wood-based panels exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per cubic meter, reducing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter, and then fell in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per cubic meter), while Russia amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Wood-Based Panels Imports

Imports in CIS

In 2022, purchases abroad of wood-based panels increased by X% to X cubic meters, rising for the second year in a row after two years of decline. Total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, wood-based panels imports stood at $X in 2022. Total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

The purchases of the three major importers of wood-based panels, namely Russia, Kazakhstan and Uzbekistan, represented more than two-thirds of total import. It was distantly followed by Azerbaijan (X cubic meters), Belarus (X cubic meters) and Kyrgyzstan (X cubic meters), together committing a X% share of total imports. Moldova (X cubic meters) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood-based panels importing markets in the CIS were Russia ($X), Uzbekistan ($X) and Kazakhstan ($X), together comprising X% of total imports.

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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

The import price in the CIS stood at $X per cubic meter in 2022, therefore, remained relatively stable against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices reached the maximum at $X per cubic meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Moldova ($X per cubic meter) and Belarus ($X per cubic meter), while Kyrgyzstan ($X per cubic meter) and Kazakhstan ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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