
Germany - Hardboard - Market Analysis, Forecast, Size, Trends and Insights
Hardboard Price in Germany Decreases by 4% to $1,215 per Cubic Meter
Germany Hardboard Export Price in November 2022
In November 2022, the hardboard price stood at $1,215 per cubic meter (FOB, Germany), which is down by -3.6% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in April 2022 an increase of 10% against the previous month. Over the period under review, the average export prices attained the maximum at $1,285 per cubic meter in August 2022; afterwards, it flattened through to November 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($1,550 per cubic meter), while the average price for exports to Poland ($804 per cubic meter) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Germany Hardboard Exports
In November 2022, the amount of hardboard exported from Germany was estimated at 51K cubic meters, growing by 3.2% compared with October 2022 figures. In general, exports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in September 2022 with an increase of 26% against the previous month. The exports peaked at 84K cubic meters in February 2022; afterwards, it flattened through to November 2022.
In value terms, hardboard exports fell slightly to $62M (IndexBox estimates) in November 2022. Overall, exports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in May 2022 when exports increased by 27% m-o-m. Over the period under review, the exports attained the peak figure at 85M cubic meters in February 2022; however, from March 2022 to November 2022, the exports stood at a somewhat lower figure.
Germany Hardboard Exports by Country
The United States (13K cubic meters), France (7K cubic meters) and the Netherlands (3.2K cubic meters) were the main destinations of hardboard exports from Germany, with a combined 45% share of total exports. These countries were followed by Italy, the UK, Belgium, Canada, Austria, Croatia, Spain, Poland, Hungary and Switzerland, which together accounted for a further 31%.
From January 2022 to November 2022, the biggest increases were in Croatia (with a CAGR of +3.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($17M) remains the key foreign market for hardboard exports from Germany, comprising 27% of total exports. The second position in the ranking was taken by France ($8M), with a 13% share of total exports. It was followed by the Netherlands, with a 6.3% share.
From January 2022 to November 2022, the average monthly rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: France (-1.2% per month) and the Netherlands (+3.8% per month).
Factors Affecting Hardboard Prices
Hardboard is a popular building material used for a variety of applications, from furniture making to construction. As with any commodity, the price of hardboard in Germany is influenced by a range of factors.
One of the most significant factors that can influence the price of hardboard in Germany is the cost of raw materials. Hardboard is typically made from wood fibers, resin, and wax, and the cost of these materials can vary depending on a range of factors. For example, if the price of wood increases due to high demand or low supply, the cost of making hardboard will also go up. Similarly, if there is a shortage of resin or wax, the price of hardboard will increase.
Another factor that can affect the price of hardboard in Germany is the cost of manufacturing. This includes the cost of energy, labor, and equipment. If manufacturing costs go up, the price of hardboard will increase to compensate for these higher costs.
Like any other product, the demand and supply of hardboard can influence its price. If there is high demand for hardboard in Germany and low supply, the price will increase due to the scarcity of the product. Conversely, if there is low demand and high supply, the price of hardboard will decrease as manufacturers compete for customers.
Competition among manufacturers is another factor that can affect the price of hardboard in Germany. If there are many manufacturers producing hardboard, prices may be lower due to increased competition. On the other hand, if there are only a few manufacturers producing hardboard, they may be able to charge a higher price due to their relative monopoly in the market.
Finally, general market conditions can also impact the price of hardboard in Germany. Economic growth, inflation, and interest rates can all influence the price of commodities, including hardboard. For example, if the economy is growing rapidly, demand for hardboard may increase, leading to higher prices. Similarly, if inflation is high, the cost of raw materials and manufacturing may increase, causing the price of hardboard to go up.
In conclusion, the price of hardboard in Germany is influenced by a range of factors, including raw material costs, manufacturing costs, demand and supply, competition, and market conditions.
This report provides an in-depth analysis of the hardboard market in Germany. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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