Malaysia - Hardboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHardboard Price in Malaysia - 2021
Contents:
- Hardboard Price in Malaysia (FOB) - 2021
- Hardboard Price in Malaysia (CIF) - 2021
- Hardboard Exports in Malaysia
- Hardboard Imports in Malaysia
Hardboard Price in Malaysia (FOB) - 2021
In December 2021, the average hardboard export price amounted to $445 per cubic meter, dropping by -10.1% against the previous month. Overall, the export price showed a mild decrease. The pace of growth was the most pronounced in November 2021 when the average export price increased by 26% m-o-m. The export price peaked at $516 per cubic meter in June 2021; however, from July 2021 to December 2021, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Guatemala ($641 per cubic meter), while the average price for exports to Thailand ($216 per cubic meter) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Hardboard Price in Malaysia (CIF) - 2021
In December 2021, the average hardboard import price amounted to $277 per cubic meter, reducing by -25.1% against the previous month. Overall, the import price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in July 2021 an increase of 122% m-o-m. Over the period under review, average import prices reached the maximum at $400 per cubic meter in August 2021; however, from September 2021 to December 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was France ($397 per cubic meter), while the price for Thailand ($139 per cubic meter) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+1.0%), while the prices for the other major suppliers experienced a decline.
Hardboard Exports in Malaysia
In 2022, approx. 51K cubic meters of hardboard were exported from Malaysia; waning by -13.3% compared with the year before. Overall, exports saw a noticeable decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 58K cubic meters, and then dropped in the following year.
In value terms, hardboard exports declined to $25M in 2022. Over the period under review, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, the exports reached the maximum at $30M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Hardboard in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 8.6 | 7.7 | 9.0 | 7.7 | -3.6% |
| India | 4.3 | 3.0 | 4.6 | 4.5 | 1.5% |
| Canada | 1.6 | 1.6 | 1.5 | 2.0 | 7.7% |
| Vietnam | 1.9 | 1.2 | 1.3 | 1.3 | -11.9% |
| United States | 0.1 | N/A | 0.7 | 1.2 | 128.9% |
| Thailand | 1.6 | 0.9 | 1.2 | 1.1 | -11.7% |
| Philippines | 0.9 | 0.6 | 1.3 | 1.1 | 6.9% |
| Taiwan (Chinese) | 1.1 | 0.9 | 1.1 | 0.9 | -6.5% |
| Turkey | 0.8 | 0.8 | 1.0 | 0.9 | 4.0% |
| Ireland | 1.0 | 0.5 | 0.6 | 0.5 | -20.6% |
| Australia | 1.4 | 0.8 | 0.8 | 0.4 | -34.1% |
| Jordan | 1.2 | 1.0 | 0.8 | 0.4 | -30.7% |
| South Africa | 0.9 | 0.5 | 1.1 | 0.3 | -30.7% |
| Others | 4.4 | 2.8 | 2.8 | 2.5 | -17.2% |
| Total | 29.7 | 22.2 | 27.7 | 24.9 | -5.7% |
Top Export Markets for Hardboard from Malaysia in 2022:
- Pakistan (16.8K cubic meters)
- India (7.9K cubic meters)
- Vietnam (4.2K cubic meters)
- Thailand (3.2K cubic meters)
- Canada (3.1K cubic meters)
- Taiwan (Chinese) (2.5K cubic meters)
- Turkey (2.3K cubic meters)
- Philippines (1.8K cubic meters)
- United States (1.4K cubic meters)
- Ireland (1.0K cubic meters)
- Australia (0.7K cubic meters)
- South Africa (0.6K cubic meters)
- Jordan (0.6K cubic meters)
Hardboard Imports in Malaysia
After three years of growth, purchases abroad of hardboard decreased by -5.2% to 24K cubic meters in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. Imports peaked at 26K cubic meters in 2021, and then declined in the following year.
In value terms, hardboard imports contracted to $10M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +56.7% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 51%. Imports peaked at $11M in 2021, and then declined in the following year.
| Import of Hardboard in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,942 | 3,122 | 618 | 2,415 | 7.5% |
| Indonesia | 1,364 | 945 | 1,571 | 1,477 | 2.7% |
| China | 246 | 255 | 930 | 647 | 38.0% |
| Belgium | 1,248 | 1,876 | 629 | 467 | -27.9% |
| New Zealand | 86.6 | 321 | 410 | 285 | 48.7% |
| Estonia | 12.7 | N/A | N/A | N/A | 0% |
| Others | 1,585 | 3,296 | 6,344 | 4,868 | 45.4% |
| Total | 6,484 | 9,816 | 10,502 | 10,159 | 16.1% |
Top Suppliers of Hardboard to Malaysia in 2022:
- Thailand (11.1K cubic meters)
- Indonesia (2.7K cubic meters)
- China (2.7K cubic meters)
- Belgium (0.8K cubic meters)
- New Zealand (0.5K cubic meters)
This report provides an in-depth analysis of the hardboard market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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