Report Update: May 1, 2024

Hong Kong SAR, China - Fibreboard - Market Analysis, Forecast, Size, Trends and Insights

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Fibreboard Price in Hong Kong SAR - 2023

Fibreboard Price in Hong Kong SAR (CIF) - 2022

The average fibreboard import price stood at $763 per cubic meter in 2022, reducing by -3.3% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 +13.2% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 25% against the previous year. As a result, import price reached the peak level of $843 per cubic meter. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($5,352 per cubic meter), while the price for Indonesia ($260 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Fibreboard Price in Hong Kong SAR (FOB) - 2022

In 2022, the average fibreboard export price amounted to $1,072 per cubic meter, growing by 17% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fibreboard export price decreased by -11.2% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of 75% against the previous year. As a result, the export price reached the peak level of $1,207 per cubic meter. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,419 per cubic meter), while the average price for exports to India ($372 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 China (+8.5%), while the prices for the other major destinations experienced mixed trend patterns.

Fibreboard Imports in Hong Kong SAR

Fibreboard imports into Hong Kong SAR expanded notably to 5.8K cubic meters in 2022, growing by 7.1% against the previous year. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, fibreboard imports expanded to $4.4M in 2022. Over the period under review, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Fibreboard in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	755	603	843	1,745	32.2%
Belgium	816	733	1,452	950	5.2%
Switzerland	279	163	301	578	27.5%
Spain	218	168	455	212	-0.9%
Malaysia	184	153	320	199	2.6%
Indonesia	180	197	198	185	0.9%
Germany	497	221	225	121	-37.6%
Others	1,063	669	454	410	-27.2%
Total	3,993	2,907	4,249	4,400	3.3%

Top Suppliers of Fibreboard to Hong Kong SAR in 2022:

China (3470.0 cubic meters)
Indonesia (710.0 cubic meters)
Malaysia (464.0 cubic meters)
Belgium (453.0 cubic meters)
Spain (217.0 cubic meters)
Germany (122.0 cubic meters)
Switzerland (108.0 cubic meters)

Fibreboard Exports in Hong Kong SAR

Fibreboard exports from Hong Kong SAR reduced dramatically to 323 cubic meters in 2022, shrinking by -68.2% against 2021. Over the period under review, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 330%. Over the period under review, the exports reached the maximum at 2.3K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, fibreboard exports dropped markedly to $346K in 2022. Overall, exports faced a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 227%. Over the period under review, the exports reached the peak figure at $1.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Fibreboard in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	404	177	166	194	-21.7%
Pakistan	N/A	N/A	0.1	44.4	44300.0%
United States	70.2	4.6	9.5	42.3	-15.5%
Macao SAR	168	8.2	4.7	1.3	-80.2%
India	30.1	0.1	131	0.4	-76.3%
Tanzania	213	N/A	N/A	N/A	0%
Nigeria	74.2	19.0	N/A	N/A	-74.4%
Colombia	N/A	N/A	33.4	N/A	0%
Philippines	10.9	49.5	3.6	N/A	-42.5%
Australia	126	11.7	33.0	N/A	-48.8%
Israel	322	0.1	N/A	N/A	-100.0%
Others	172	14.9	552	63.5	-28.3%
Total	1,591	285	932	346	-39.9%

Top Export Markets for Fibreboard from Hong Kong SAR in 2022:

China (137.0 cubic meters)
Pakistan (92.0 cubic meters)
United States (71.0 cubic meters)
India (1.0 cubic meters)
Macao SAR (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fibreboard market in Hong Kong SAR, 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:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, 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:

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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