Eastern Europe: Market for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) 2024

Market Size for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in Eastern Europe

In 2021, after three years of growth, there was significant decline in the East European market for particle board and similar board of ligneous materials (excluding wood), when its value decreased by -19.6% to $X. Overall, consumption, however, continues to indicate a deep reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in Eastern Europe

In value terms, production of particle board and similar board of ligneous materials (excluding wood) dropped to $X in 2021 estimated in export price. In general, production showed a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Exports in Eastern Europe

In 2021, exports of particle board and similar board of ligneous materials (excluding wood) in Eastern Europe amounted to X cubic meters, approximately mirroring the previous year. Overall, exports, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2013 with an increase of 62% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2014 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of particle board and similar board of ligneous materials (excluding wood) surged to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 43%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Poland (X cubic meters) and Romania (X cubic meters) represented roughly 86% of total exports in 2021. It was distantly followed by Bulgaria (X cubic meters), generating a 12% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +34.2%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Romania ($X), Poland ($X) and Bulgaria ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 99% of total exports.

Bulgaria, with a CAGR of +35.0%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per cubic meter, picking up by 24% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by 27% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2015 to 2021, 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 Romania ($X per cubic meter), while Poland ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+1.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Imports in Eastern Europe

In 2021, the amount of particle board and similar board of ligneous materials (excluding wood) imported in Eastern Europe surged to X cubic meters, growing by 96% compared with 2020 figures. Overall, imports, however, showed a abrupt curtailment. Over the period under review, imports of attained the maximum at X cubic meters in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of particle board and similar board of ligneous materials (excluding wood) soared to $X in 2021. Over the period under review, imports, however, saw a deep downturn. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Poland was the main importer of particle board and similar board of ligneous materials (excluding wood) in Eastern Europe, with the volume of imports accounting for X cubic meters, which was approx. 64% of total imports in 2021. It was distantly followed by Hungary (X cubic meters), Slovakia (X cubic meters) and the Czech Republic (X cubic meters), together achieving a 29% share of total imports. Lithuania (X cubic meters) and Romania (X cubic meters) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to board of bagasse, bamboo or other particles imports into Poland stood at -20.8%. At the same time, Lithuania (+37.0%), Hungary (+33.3%) and Slovakia (+7.3%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +37.0% from 2012-2021. By contrast, the Czech Republic (-8.5%) and Romania (-13.7%) illustrated a downward trend over the same period. Hungary (+12 p.p.), Slovakia (+7.6 p.p.), the Czech Republic (+4.7 p.p.) and Lithuania (+3.6 p.p.) significantly strengthened its position in terms of the total imports, while Poland saw its share reduced by -28.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported particle board and similar board of ligneous materials (excluding wood) in Eastern Europe, comprising 56% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 14% share of total imports. It was followed by Lithuania, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value in Poland totaled -17.4%. In the other countries, the average annual rates were as follows: the Czech Republic (-3.9% per year) and Lithuania (+43.0% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per cubic meter, dropping by -16.7% against the previous year. Overall, the import price, however, recorded a perceptible expansion. The pace of growth was the most pronounced in 2018 when the import price increased by 49% against the previous year. The level of import peaked at $X per cubic meter in 2020, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per cubic meter), while Hungary ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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