Overview of the Global Market for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

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

In 2021, the global market for particle board and similar board of ligneous materials (excluding wood) decreased by -7.6% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then reduced in the following year.

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

In value terms, production of particle board and similar board of ligneous materials (excluding wood) shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 22%. As a result, production attained the peak level of $X, and then contracted in the following year.

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

Exports

In 2021, after two years of decline, there was significant growth in overseas shipments of particle board and similar board of ligneous materials (excluding wood), when their volume increased by 22% to X cubic meters. In general, exports showed a relatively flat trend pattern. The global exports peaked at X cubic meters in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of particle board and similar board of ligneous materials (excluding wood) skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France prevails in wood) structure, amounting to X cubic meters, which was approx. 62% of total exports in 2021. The Netherlands (X cubic meters) ranks second in terms of the total exports with an 8.3% share, followed by Thailand (5.2%). The following exporters - Italy (X cubic meters), China (X cubic meters), the United States (X cubic meters) and Poland (X cubic meters) - together made up 10% of total exports.

Exports from France increased at an average annual rate of +4.0% from 2012 to 2021. At the same time, Poland (+16.4%), the Netherlands (+16.2%), China (+6.4%) and the United States (+5.3%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +16.4% from 2012-2021. Italy experienced a relatively flat trend pattern. By contrast, Thailand (-14.8%) illustrated a downward trend over the same period. France (+18 p.p.) and the Netherlands (+6.1 p.p.) significantly strengthened its position in terms of the global exports, while Thailand saw its share reduced by -17.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) remains the largest board of bagasse, bamboo or other particles supplier worldwide, comprising 43% of global exports. The second position in the ranking was held by China ($X), with a 20% share of global exports. It was followed by Italy, with a 10% share.

In France, exports of particle board and similar board of ligneous materials (excluding wood) expanded at an average annual rate of +4.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: China (+31.0% per year) and Italy (+2.7% per year).

Export Prices by Country

The average export price for particle board and similar board of ligneous materials (excluding wood) stood at $X per cubic meter in 2021, with an increase of 30% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. 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 China ($X per cubic meter), while Thailand ($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 China (+23.1%), while the other global leaders experienced more modest paces of growth.

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

Imports

In 2021, after two years of decline, there was growth in overseas purchases of particle board and similar board of ligneous materials (excluding wood), when their volume increased by 4.8% to X cubic meters. Over the period under review, imports, however, showed a noticeable reduction. Global imports peaked at X cubic meters in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, imports of particle board and similar board of ligneous materials (excluding wood) skyrocketed to $X in 2021. In general, imports, however, continue to indicate a pronounced reduction. Global imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of imports of particle board and similar board of ligneous materials (excluding wood) in 2021 were the Netherlands (X cubic meters), Taiwan (Chinese) (X cubic meters), Italy (X cubic meters), Sweden (X cubic meters) and the UK (X cubic meters), together resulting at 47% of total import. It was distantly followed by Belgium (X cubic meters), making up a 4.6% share of total imports. The following importers - Malaysia (X cubic meters), Poland (X cubic meters), Canada (X cubic meters), Japan (X cubic meters), Germany (X cubic meters), France (X cubic meters) and Egypt (X cubic meters) - together made up 19% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Egypt (with a CAGR of +69.9%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the UK ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2021, together comprising 27% of global imports. Italy, Taiwan (Chinese), France, Malaysia, Poland, Belgium, Germany, Egypt, Canada and Japan lagged somewhat behind, together accounting for a further 39%.

Egypt, with a CAGR of +67.3%, saw the highest growth rate of the value of imports, among 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

In 2021, the average import price for particle board and similar board of ligneous materials (excluding wood) amounted to $X per cubic meter, surging by 15% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 France ($X per cubic meter), while Japan ($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 France (+8.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :