Report Update Nov 1, 2024

Singapore - Wooden Particle Board - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Wooden Particle Board Market 2024

Wooden Particle Board Market Size in Singapore

In 2021, after eight years of decline, there was significant growth in the Singaporean wooden particle board market, when its value increased by 5.3% to $X. Over the period under review, consumption, however, showed a abrupt setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Wooden Particle Board Production in Singapore

In value terms, wooden particle board production totaled $X in 2021 estimated in export price. Overall, production, however, showed a abrupt decrease. The growth pace was the most rapid in 2019 with an increase of 2.1%. Wooden particle board production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Wooden Particle Board Exports

Exports by Country

Malaysia (X cubic meters), Thailand (X cubic meters) and Indonesia (X cubic meters) were the main destinations of wooden particle board exports from Singapore, with a combined 96% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +35.7%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for wooden particle board exported from Singapore were Malaysia ($X), Thailand ($X) and Indonesia ($X), with a combined 95% share of total exports.

Thailand, with a CAGR of +62.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Wooden Particle Board Imports

Imports into Singapore

In 2021, after two years of decline, there was significant growth in supplies from abroad of wooden particle board, when their volume increased by 56% to X cubic meters. In general, imports recorded a buoyant increase. The growth pace was the most rapid in 2016 when imports increased by 148%. Over the period under review, imports reached the maximum at X cubic meters in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, wooden particle board imports surged to $X in 2021. Over the period under review, imports showed tangible growth. The most prominent rate of growth was recorded in 2015 when imports increased by 126% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X cubic meters), Taiwan (Chinese) (X cubic meters) and Japan (X cubic meters) were the main suppliers of wooden particle board imports to Singapore, together accounting for 92% of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +84.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Japan ($X) appeared to be the largest wooden particle board suppliers to Singapore, together accounting for 95% of total imports.

Taiwan (Chinese), with a CAGR of +87.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden particle board import price stood at $X per cubic meter in 2021, with a decrease of -7.3% against the previous year. Over the period under review, the import price saw a slight decrease. The growth pace was the most rapid in 2015 when the average import price increased by 37% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per cubic meter), while the price for Japan ($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 Myanmar (+88.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wooden particle board in the world?

The countries with the highest volumes of wooden particle board consumption in 2021 were China, the United States and India, with a combined 50% share of global consumption. Germany, Nigeria, Brazil, Russia, Indonesia, Bangladesh, France, the UK, Spain and Mexico lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of wooden particle board in the world?

The countries with the highest volumes of wooden particle board production in 2021 were China, the United States and India, together accounting for 50% of global production. These countries were followed by Germany, Nigeria, Brazil, Russia, Indonesia, Bangladesh, France, Spain, Mexico and the UK, which together accounted for a further 25%.

What are the leading suppliers of wooden particle board to Singapore?

In value terms, the largest wooden particle board suppliers to Singapore were Taiwan Chinese), Malaysia and China, together comprising 88% of total imports.

What are the leading importers of wooden particle board from Singapore?

In value terms, Malaysia remains the key foreign market for wooden particle board exports from Singapore, comprising 72% of total exports. The second position in the ranking was occupied by Thailand, with a 20% share of total exports. It was followed by Indonesia, with a 4.5% share.

What is the average export price for wooden particle board in Singapore?

In 2021, the average wooden particle board export price amounted to $416 per cubic meter, with a decrease of -12.3% against the previous year.

What is the average import price for wooden particle board in Singapore?

The average wooden particle board import price stood at $309 per cubic meter in 2021, which is down by -17.2% against the previous year.

This report provides an in-depth analysis of the wooden particle board market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 16211319 - Waferboard and similar board, of wood (excluding particle board and oriented strand board [OSB])

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023