EU: Oriented Strandboard (Osb) Market 2024

Oriented Strandboard (Osb) Market Size in the EU

The EU oriented strandboard (OSB) market skyrocketed to $X in 2021, with an increase of 36% against the previous year. The total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +28.5% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Oriented Strandboard (Osb) Production in the EU

In value terms, oriented strandboard (OSB) production soared to $X in 2021 estimated in export price. The total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +12.4% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 20% against the previous year. The level of production peaked in 2021 and is likely to continue growth in the near future.

Oriented Strandboard (Osb) Exports

Exports in the EU

In 2021, overseas shipments of oriented strandboard (OSB) increased by 4.8% to X cubic meters, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, oriented strandboard (OSB) exports surged to $X in 2021. Total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +45.3% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the nine major exporters of oriented strandboard (OSB), namely Latvia, Luxembourg, Romania, the Czech Republic, Germany, Poland, Belgium, Hungary and Austria, represented more than two-thirds of total export.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +48.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), the Czech Republic ($X) and Romania ($X) were the countries with the highest levels of exports in 2021, with a combined 43% share of total exports. These countries were followed by Luxembourg, Germany, Poland, Belgium, Hungary and Austria, which together accounted for a further 51%.

In terms of the main exporting countries, Hungary, with a CAGR of +53.2%, 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.

Export Prices by Country

The export price in the European Union stood at $X per cubic meter in 2021, surging by 49% against the previous year. Export price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per cubic meter), while Luxembourg ($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 Belgium (+7.2%), while the other leaders experienced more modest paces of growth.

Oriented Strandboard (Osb) Imports

Imports in the EU

Oriented strandboard (OSB) imports expanded sharply to X cubic meters in 2021, rising by 5% on 2020 figures. Total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +112.8% against 2012 indices. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, oriented strandboard (OSB) imports surged to $X in 2021. Over the period under review, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X cubic meters), distantly followed by Austria (X cubic meters), Belgium (X cubic meters), the Netherlands (X cubic meters), Poland (X cubic meters), France (X cubic meters) and Italy (X cubic meters) were the key importers of oriented strandboard (OSB), together mixing up 71% of total imports. Sweden (X cubic meters), the Czech Republic (X cubic meters), Romania (X cubic meters), Latvia (X cubic meters), Slovakia (X cubic meters) and Lithuania (X cubic meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +35.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported oriented strandboard (OSB) in the European Union, comprising 22% of total imports. The second position in the ranking was taken by Austria ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 9.5% share.

In Germany, oriented strandboard (OSB) imports expanded at an average annual rate of +10.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Austria (+13.5% per year) and the Netherlands (+24.0% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per cubic meter, increasing by 56% against the previous year. Import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per cubic meter), while Latvia ($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 Italy (+4.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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