Canada - Hardboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Canada - Hardboard - Market Analysis, Forecast, Size, Trends and Insights

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Hardboard Price in Canada - 2023

Contents:

  1. Hardboard Price in Canada (FOB) - 2023
  2. Hardboard Price in Canada (CIF) - 2023
  3. Hardboard Exports in Canada
  4. Hardboard Imports in Canada

Hardboard Price in Canada (FOB) - 2023

The average hardboard export price stood at $994 per cubic meter in June 2023, remaining constant against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 13% against the previous month. The export price peaked at $1,084 per cubic meter in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In June 2023, the country with the highest price was France ($1,296 per cubic meter), while the average price for exports to the United States ($976 per cubic meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.2%), while the prices for the other major destinations experienced a decline.

Hardboard Price in Canada (CIF) - 2023

The average hardboard import price stood at $976 per cubic meter in June 2023, reducing by -24.9% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 31% month-to-month. Over the period under review, average import prices reached the peak figure at $1,299 per cubic meter in May 2023, and then shrank dramatically in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($1,257 per cubic meter), while the price for Malaysia ($667 per cubic meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.3%), while the prices for the other major suppliers experienced a decline.

Hardboard Exports in Canada

In 2022, hardboard exports from Canada reduced slightly to 108K cubic meters, falling by -2.4% against 2021. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of 111K cubic meters, and then contracted modestly in the following year.

In value terms, hardboard exports soared to $108M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.6% 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 +71.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Hardboard in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States55.060.178.192.819.0%
United Kingdom4.43.96.79.730.1%
France2.62.12.63.914.5%
Others1.00.52.61.39.1%
Total63.066.690.010819.7%

Top Export Markets for Hardboard from Canada in 2022:

  1. United States (95.0K cubic meters)
  2. United Kingdom (8.4K cubic meters)
  3. France (3.3K cubic meters)

Hardboard Imports in Canada

Hardboard imports into Canada shrank significantly to 62K cubic meters in 2022, declining by -18.7% compared with the previous year. Over the period under review, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when imports increased by 4.3% against the previous year. As a result, imports reached the peak of 77K cubic meters, and then reduced rapidly in the following year.

In value terms, hardboard imports reduced to $66M in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 5% against the previous year. Over the period under review, imports attained the peak figure at $71M in 2021, and then fell in the following year.

Import of Hardboard in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States45.151.751.239.7-4.2%
Germany4.05.95.59.633.9%
Turkey0.2N/A1.75.6203.7%
China6.73.63.93.6-18.7%
Malaysia2.12.21.82.810.1%
Chile3.32.22.22.1-14.0%
Brazil1.20.90.60.9-9.1%
New Zealand0.71.11.40.1-47.7%
Others2.21.32.41.3-16.1%
Total65.568.870.665.70.1%

Top Suppliers of Hardboard to Canada in 2022:

  1. United States (36.5K cubic meters)
  2. Germany (8.7K cubic meters)
  3. Turkey (5.0K cubic meters)
  4. Malaysia (3.7K cubic meters)
  5. China (3.6K cubic meters)
  6. Chile (2.1K cubic meters)
  7. Brazil (1.1K cubic meters)
  8. New Zealand (0.2K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hardboard market in Canada. 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

Country coverage:

  • Canada

Data coverage:

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