Overview of the Global Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

In 2021, the global market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by -6.4% to $X, falling for the second consecutive year after eight years of growth. Overall, consumption, however, saw a resilient increase. Global consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders reached $X in 2021 estimated in export price. Over the period under review, production, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by 39%. Over the period under review, global production of hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports

After two years of decline, shipments abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by 7% to X tons in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 15% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the global exports of remained at a somewhat lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders totaled $X in 2021. The total export value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 24%. The global exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, China (X tons), distantly followed by France (X tons), Japan (X tons), Germany (X tons), the Czech Republic (X tons), Russia (X tons), Belarus (X tons), Hungary (X tons) and Spain (X tons) represented the largest exporters of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, together comprising 75% of total exports. Austria (X tons), Thailand (X tons), Denmark (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +57.0%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplier worldwide, comprising 27% of global exports. The second position in the ranking was held by Japan ($X), with an 8% share of global exports. It was followed by Germany, with a 7.1% share.

In China, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded at an average annual rate of +3.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+27.3% per year) and Germany (-6.2% per year).

Export Prices by Country

In 2021, the average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X per ton, dropping by -3% against the previous year. Over the last nine years, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2019 an increase of 15%. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then fell modestly in the following year.

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 Denmark ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the other global leaders experienced more modest paces of growth.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports

In 2021, approx. X tons of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders were imported worldwide; growing by 7.2% on the year before. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 15%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of global imports of failed to regain momentum.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders surged to $X in 2021. The total import value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Global imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in 2021 were Spain (X tons), Russia (X tons), Germany (X tons), the UK (X tons), Denmark (X tons), the Netherlands (X tons), France (X tons), Italy (X tons), Slovakia (X tons), Austria (X tons), Poland (X tons) and Switzerland (X tons), together recording 57% of total import. Australia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Slovakia (with a CAGR of +18.3%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders importing markets worldwide were Germany ($X), the UK ($X) and Spain ($X), with a combined 21% share of global imports. These countries were followed by the Netherlands, Switzerland, Denmark, Russia, Austria, France, Italy, Australia, Slovakia and Poland, which together accounted for a further 33%.

Slovakia, with a CAGR of +12.5%, recorded 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 global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per ton in 2021, surging by 10% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2018 an increase of 13% against the previous year. Global import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+6.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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