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

China - Particle Board - Market Analysis, Forecast, Size, Trends and Insights

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Particle Board Price in China - 2023

Contents:

  1. Particle Board Price in China (FOB) - 2023
  2. Particle Board Price in China (CIF) - 2023
  3. Particle Board Exports in China
  4. Particle Board Imports in China

Particle Board Price in China (FOB) - 2023

The average particle board export price stood at $418 per cubic meter in June 2023, dropping by -14.1% against the previous month. In general, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 34% month-to-month. Over the period under review, the average export prices hit record highs at $811 per cubic meter in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Belgium ($1,128 per cubic meter), while the average price for exports to Nigeria ($232 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 Mongolia (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Board Price in China (CIF) - 2023

In June 2023, the average particle board import price amounted to $259 per cubic meter, remaining stable against the previous month. In general, the import price saw a pronounced setback. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 12% month-to-month. Over the period under review, average import prices hit record highs at $342 per cubic meter in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($517 per cubic meter), while the price for Thailand ($148 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 Romania (+0.7%), while the prices for the other major suppliers experienced a decline.

Particle Board Exports in China

In 2022, after three years of growth, there was significant decline in overseas shipments of particle board, when their volume decreased by -40.1% to 636K cubic meters. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 132% against the previous year. As a result, the exports reached the peak of 1.1M cubic meters, and then declined dramatically in the following year.

In value terms, particle board exports dropped to $390M in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 161% against the previous year. As a result, the exports attained the peak of $426M, and then fell in the following year.

Export of Particle Board in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam9.726.560.575.398.0%
Taiwan (Chinese)8.28.228.233.559.9%
Japan4.25.47.725.081.2%
United States3.55.718.321.482.9%
Malaysia3.79.612.417.668.2%
Philippines2.86.211.914.874.2%
Nigeria3.04.07.212.862.2%
Saudi Arabia3.48.313.29.942.8%
United Arab Emirates10.57.79.19.0-5.0%
Indonesia1.51.89.38.880.4%
South Korea8.65.823.88.5-0.4%
Mongolia4.26.57.87.822.9%
Chile4.12.239.53.7-3.4%
Others28.665.817714170.2%
Total95.916342639059.6%

Top Export Markets for Particle Board from China in 2022:

  1. Taiwan (Chinese) (103.5K cubic meters)
  2. Mongolia (63.0K cubic meters)
  3. Vietnam (58.0K cubic meters)
  4. Nigeria (48.2K cubic meters)
  5. Japan (36.2K cubic meters)
  6. United Arab Emirates (31.9K cubic meters)
  7. Saudi Arabia (30.0K cubic meters)
  8. South Korea (20.2K cubic meters)
  9. United States (20.0K cubic meters)
  10. Malaysia (19.0K cubic meters)
  11. Philippines (16.7K cubic meters)
  12. Indonesia (16.1K cubic meters)
  13. Chile (14.1K cubic meters)

Particle Board Imports in China

In 2022, the amount of particle board imported into China expanded remarkably to 1.3M cubic meters, picking up by 5.9% against 2021 figures. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 15% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, particle board imports skyrocketed to $410M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% 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 +75.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Particle Board in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania57.256.180.010522.4%
Brazil27.537.229.164.132.6%
Germany28.520.133.147.718.7%
Thailand35.748.862.142.66.1%
Russia4.421.429.633.396.3%
Austria8.87.815.832.955.2%
Italy16.315.819.330.222.8%
Malaysia26.319.910.613.6-19.7%
Canada12.817.418.77.8-15.2%
Others16.713.324.833.125.6%
Total23425832341020.6%

Top Suppliers of Particle Board to China in 2022:

  1. Romania (253.3K cubic meters)
  2. Thailand (241.5K cubic meters)
  3. Brazil (236.2K cubic meters)
  4. Russia (130.4K cubic meters)
  5. Germany (124.5K cubic meters)
  6. Malaysia (73.3K cubic meters)
  7. Austria (62.5K cubic meters)
  8. Italy (46.6K cubic meters)
  9. Canada (21.6K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the particle board 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 1697 - Particle board
  • FCL 1606 - OSB

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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