Global Particle Board Market 2019 - Production Increased for the Sixth Consecutive Year

IndexBox has just published a new report: 'World - Particle Board - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The global particle board market revenue amounted to $X in 2018, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, particle board consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. The global particle board consumption peaked in 2018 and is expected to retain its growth in the near future.

Consumption By Country

The countries with the highest volumes of particle board consumption in 2018 were China (X cubic meters), the U.S. (X cubic meters) and Russia (X cubic meters), with a combined X% share of global consumption.

From 2007 to 2018, the most notable rate of growth in terms of particle board consumption, amongst the main consuming countries, was attained by China, while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and Germany ($X) appeared to be the countries with the highest levels of market value in 2018, together comprising X% of the global market.

The countries with the highest levels of particle board per capita consumption in 2018 were Poland (X cubic meters per X persons), Romania (X cubic meters per X persons) and Germany (X cubic meters per X persons).

From 2007 to 2018, the most notable rate of growth in terms of particle board per capita consumption, amongst the main consuming countries, was attained by China, while the other global leaders experienced more modest paces of growth.

Market Forecast 2019-2025

Driven by increasing demand for particle board worldwide, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +X% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to X cubic meters by the end of 2025.

Production 2007-2018

Global particle board production amounted to X cubic meters in 2018, increasing by X% against the previous year. The total output volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. The global particle board production peaked in 2018 and is expected to retain its growth in the immediate term.

In value terms, particle board production amounted to $X in 2018 estimated in export prices. Over the period under review, particle board production continues to indicate mild growth. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, global particle board production reached its peak figure level in 2018 and is expected to retain its growth in the near future.

Production By Country

The countries with the highest volumes of particle board production in 2018 were China (X cubic meters), the U.S. (X cubic meters) and Russia (X cubic meters), with a combined X% share of global production. Canada, Germany, Poland, Turkey, Romania, France, Brazil, Italy and Thailand lagged somewhat behind, together accounting for a further X%.

From 2007 to 2018, the most notable rate of growth in terms of particle board production, amongst the main producing countries, was attained by Romania, while the other global leaders experienced more modest paces of growth.

Exports 2007-2018

In 2018, approx. X cubic meters of particle boards were exported worldwide; dropping by -X% against the previous year. Overall, the total exports indicated modest growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, particle board exports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. The global exports peaked at X cubic meters in 2017, and then declined slightly in the following year.

In value terms, particle board exports stood at $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, global particle board exports attained their peak figure in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

In 2018, Canada (X cubic meters), distantly followed by Germany (X cubic meters), Austria (X cubic meters), Russia (X cubic meters), Thailand (X cubic meters), Romania (X cubic meters) and Belarus (X cubic meters) represented the main exporters of particle boards, together creating X% of total exports. The Czech Republic (X cubic meters), Belgium (X cubic meters), France (X cubic meters), Latvia (X cubic meters) and Turkey (X cubic meters) followed a long way behind the leaders.

Canada experienced a relatively flat trend pattern of particle boards exports. At the same time, Romania (+X%), Belarus (+X%), Russia (+X%), Latvia (+X%), Turkey (+X%), Belgium (+X%), France (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Thailand experienced a relatively flat trend pattern. By contrast, Austria (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Romania, Russia, Belarus, Latvia, Turkey and Belgium increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Austria (-X p.p.) and Germany (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest particle board supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Austria, with a X% share.

In Canada, particle board exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-X% per year) and Austria (-X% per year).

Export Prices by Country

The average particle board export price stood at $X per cubic meter in 2018, surging by X% against the previous year. In general, the particle board export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for particle boards attained their peak figure at $X per cubic meter in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Austria ($X per cubic meter), while Russia ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. X cubic meters of particle boards were imported worldwide; coming down by -X% against the previous year. Over the period under review, the total imports indicated a temperate increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, particle board imports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. The global imports peaked at X cubic meters in 2017, and then declined slightly in the following year.

In value terms, particle board imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, global particle board imports attained their maximum in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, the U.S. (X cubic meters), distantly followed by Germany (X cubic meters), Poland (X cubic meters) and South Korea (X cubic meters) represented the main importers of particle boards, together making up X% of total imports. The following importers - Italy (X cubic meters), the UK (X cubic meters), France (X cubic meters), the Netherlands (X cubic meters), China (X cubic meters), Russia (X cubic meters), Spain (X cubic meters) and Kazakhstan (X cubic meters) - together made up X% of total imports.

The U.S. experienced a relatively flat trend pattern of particle boards imports. At the same time, Poland (+X%), China (+X%), Italy (+X%), France (+X%), South Korea (+X%), Germany (+X%), Kazakhstan (+X%), Spain (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The UK experienced a relatively flat trend pattern. By contrast, Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Poland, Germany, South Korea and Italy increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported particle boards worldwide, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Poland, with a X% share.

In the U.S., particle board imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Poland (+X% per year).

Import Prices by Country

The average particle board import price stood at $X per cubic meter in 2018, surging by X% against the previous year. In general, the particle board import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. The global import price peaked at $X per cubic meter in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per cubic meter), while South Korea ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform