China - Fibreboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

China - Fibreboard - Market Analysis, Forecast, Size, Trends and Insights

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Fibreboard Price in China - 2023

Contents:

  1. Fibreboard Price in China (FOB) - 2022
  2. Fibreboard Price in China (CIF) - 2022
  3. Fibreboard Exports in China
  4. Fibreboard Imports in China

Fibreboard Price in China (FOB) - 2022

The average fibreboard export price stood at $474 per cubic meter in 2022, surging by 11% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 14%. Over the period under review, the average export prices hit record highs at $515 per cubic meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($802 per cubic meter), while the average price for exports to Algeria ($279 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Fibreboard Price in China (CIF) - 2022

The average fibreboard import price stood at $858 per cubic meter in 2022, surging by 15% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fibreboard import price increased by +50.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,735 per cubic meter), while the price for Malaysia ($278 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Fibreboard Exports in China

In 2022, fibreboard exports from China shrank to 2.6M cubic meters, with a decrease of -8.4% compared with the year before. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, the exports reached the peak of 2.8M cubic meters, and then fell in the following year.

In value terms, fibreboard exports rose modestly to $1.2B in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 43%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Fibreboard in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1491051381816.7%
Nigeria11411410888.8-8.0%
Vietnam23.230.790.878.350.0%
Saudi Arabia37.439.360.376.126.7%
United Arab Emirates42.722.144.157.710.6%
Mexico12.316.180.656.866.5%
Canada56.961.268.853.7-1.9%
Australia40.044.645.145.94.7%
Uzbekistan36.629.424.739.02.1%
Egypt7.510.626.432.663.2%
Russia51.241.741.924.8-21.5%
Jordan7.812.122.321.239.6%
Algeria4.03.014.616.058.7%
Others3593004194376.8%
Total9428291,1851,2098.7%

Top Export Markets for Fibreboard from China in 2022:

  1. Saudi Arabia (251.7K cubic meters)
  2. Nigeria (248.2K cubic meters)
  3. United States (226.4K cubic meters)
  4. Vietnam (214.0K cubic meters)
  5. United Arab Emirates (187.7K cubic meters)
  6. Mexico (168.1K cubic meters)
  7. Egypt (88.3K cubic meters)
  8. Canada (86.7K cubic meters)
  9. Uzbekistan (77.8K cubic meters)
  10. Australia (63.6K cubic meters)
  11. Jordan (58.5K cubic meters)
  12. Algeria (57.4K cubic meters)
  13. Russia (50.9K cubic meters)

Fibreboard Imports in China

For the third year in a row, China recorded decline in overseas purchases of fibreboard, which decreased by -35.3% to 115K cubic meters in 2022. Over the period under review, imports recorded a significant contraction. The smallest decline of -6.4% was in 2021. Imports peaked at 229K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, fibreboard imports dropped markedly to $98M in 2022. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. As a result, imports attained the peak of $132M, and then declined dramatically in the following year.

Import of Fibreboard in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany35.727.343.426.7-9.2%
Belgium18.313.420.115.5-5.4%
Spain7.58.015.511.615.6%
New Zealand14.913.610.19.8-13.0%
Thailand4.03.15.67.121.1%
Netherlands6.05.05.66.31.6%
Switzerland7.67.68.14.4-16.7%
Poland2.21.73.53.921.0%
Australia9.412.93.51.0-52.6%
Romania0.70.61.40.98.7%
Indonesia6.53.81.90.7-52.4%
Malaysia1.10.40.90.3-35.2%
Chile2.40.40.9N/A-38.8%
Others14.99.911.910.3-11.6%
Total13110813298.4-9.1%

Top Suppliers of Fibreboard to China in 2022:

  1. Chile (undefinedK cubic meters)
  2. Germany (27.6K cubic meters)
  3. New Zealand (21.2K cubic meters)
  4. Thailand (18.4K cubic meters)
  5. Belgium (11.6K cubic meters)
  6. Spain (9.4K cubic meters)
  7. Switzerland (4.7K cubic meters)
  8. Poland (3.8K cubic meters)
  9. Netherlands (2.3K cubic meters)
  10. Australia (2.2K cubic meters)
  11. Romania (1.9K cubic meters)
  12. Malaysia (1.2K cubic meters)
  13. Indonesia (1.1K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fibreboard market in China. 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:

  • FCL 1647 - Hardboard
  • FCL 1648 - MDF/HDF
  • FCL 1650 - Other fibreboard

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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