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

Saudi Arabia - Hardboard - Market Analysis, Forecast, Size, Trends and Insights

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Hardboard Price in Saudi Arabia - 2021

Contents:

  1. Hardboard Price in Saudi Arabia (CIF) - 2022
  2. Hardboard Price in Saudi Arabia (FOB) - 2022
  3. Hardboard Imports in Saudi Arabia
  4. Hardboard Exports in Saudi Arabia

Hardboard Price in Saudi Arabia (CIF) - 2022

In 2021, the average hardboard import price amounted to $970 per cubic meter, with an increase of 61% against the previous year. Over the period under review, the import price recorded a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($978 per cubic meter), while the price for China amounted to $875 per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced a decline.

Hardboard Price in Saudi Arabia (FOB) - 2022

In 2022, the average hardboard export price amounted to $1,833 per cubic meter, reducing by -25.1% against the previous year. In general, the export price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 173% against the previous year. The export price peaked at $2,448 per cubic meter in 2021, and then declined remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Morocco.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +4,064.5% per year.

Hardboard Imports in Saudi Arabia

After two years of decline, overseas purchases of hardboard increased by 32% to 10K cubic meters in 2022. Over the period under review, imports, however, recorded a dramatic descent. Imports peaked at 31K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, hardboard imports amounted to $7.8M in 2022. Overall, imports, however, recorded a abrupt decline. Over the period under review, imports attained the peak figure at $12M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Hardboard in Saudi Arabia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany1.82.55.270.0%
China2.91.11.3-33.0%
Thailand4.6N/AN/A0%
Malaysia1.2N/AN/A0%
PolandN/A0.3N/A0%
Turkey0.82.7N/A237.5%
BrazilN/A0.3N/A0%
Others0.60.91.241.4%
Total11.97.97.7-19.6%

Top Suppliers of Hardboard to Saudi Arabia in 2022:

  1. Germany (5.3K cubic meters)
  2. China (1.5K cubic meters)

Hardboard Exports in Saudi Arabia

In 2022, exports of hardboard from Saudi Arabia skyrocketed to 130 cubic meters, jumping by 57% on the year before. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 421% against the previous year. As a result, the exports reached the peak of 177 cubic meters. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, hardboard exports soared to $238K in 2022. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,163% against the previous year. As a result, the exports attained the peak of $273K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Hardboard in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoroccoN/A243203238-1.0%
Yemen9.4N/AN/AN/A0%
Jordan12.212.2N/AN/A0.0%
BahrainN/A18.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total21.6273203238122.5%

Top Export Markets for Hardboard from Saudi Arabia in 2022:

  1. Morocco (130.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hardboard market in Saudi Arabia. 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:

  • Saudi Arabia

Data coverage:

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