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

China - Waferboard - Market Analysis, Forecast, Size, Trends and Insights

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Waferboard Price in China - 2023

Contents:

  1. Waferboard Price in China (CIF) - 2022
  2. Waferboard Price in China (FOB) - 2023
  3. Waferboard Imports in China
  4. Waferboard Exports in China

Waferboard Price in China (CIF) - 2022

In 2022, the average waferboard import price amounted to $291 per cubic meter, jumping by 21% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, waferboard import price increased by +55.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 49%. As a result, import price reached the peak level of $293 per cubic meter. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($688 per cubic meter), while the price for Thailand ($176 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Waferboard Price in China (FOB) - 2023

In June 2023, the average waferboard export price amounted to $262 per cubic meter, shrinking by -3.2% against the previous month. Over the period under review, the export price recorded a slight descent. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 17% m-o-m. As a result, the export price attained the peak level of $337 per cubic meter. From December 2022 to June 2023, the the average export prices remained at a 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 the United States ($645 per cubic meter), while the average price for exports to Mexico ($200 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 Indonesia (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.

Waferboard Imports in China

Waferboard imports into China rose sharply to 842K cubic meters in 2022, surging by 6.3% against the previous year. The total import volume increased at an average annual rate of +10.8% 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 2020 when imports increased by 18%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, waferboard imports surged to $245M in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 39%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Waferboard in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania31.429.943.653.819.7%
Brazil11.122.418.447.762.6%
Thailand22.935.254.440.721.1%
Italy10.09.815.023.232.4%
Austria5.14.98.017.851.7%
Germany9.110.418.916.722.4%
Malaysia14.711.48.710.8-9.8%
Spain2.03.86.57.958.1%
Russia0.51.20.47.4145.5%
Vietnam3.01.03.76.529.4%
Others9.86.412.412.48.2%
Total11913619024527.2%

Top Suppliers of Waferboard to China in 2022:

  1. Thailand (231.3K cubic meters)
  2. Brazil (187.8K cubic meters)
  3. Romania (130.1K cubic meters)
  4. Malaysia (60.8K cubic meters)
  5. Germany (47.1K cubic meters)
  6. Italy (33.8K cubic meters)
  7. Austria (32.8K cubic meters)
  8. Russia (31.4K cubic meters)
  9. Vietnam (29.6K cubic meters)
  10. Spain (18.8K cubic meters)

Waferboard Exports in China

In 2022, after three years of growth, there was significant decline in overseas shipments of waferboards, when their volume decreased by -16.9% to 347K cubic meters. Overall, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 80%. As a result, the exports attained the peak of 418K cubic meters, and then fell significantly in the following year.

In value terms, waferboard exports rose significantly to $111M in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Waferboard in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2.42.22.417.694.3%
Nigeria2.63.36.311.262.7%
United Arab Emirates9.67.26.18.0-5.9%
United States1.53.33.68.074.7%
Saudi Arabia3.04.95.46.831.4%
Philippines2.21.53.44.829.7%
Vietnam4.25.611.84.20.0%
Indonesia1.41.56.43.535.7%
Malaysia2.23.93.62.54.4%
Colombia0.80.61.82.240.1%
Mexico0.41.33.12.071.0%
South Korea3.02.110.31.7-17.2%
Qatar1.01.11.01.617.0%
Others19.920.738.436.822.7%
Total54.059.410411127.1%

Top Export Markets for Waferboard from China in 2022:

  1. Nigeria (42.9K cubic meters)
  2. United Arab Emirates (29.6K cubic meters)
  3. Saudi Arabia (28.3K cubic meters)
  4. Japan (24.2K cubic meters)
  5. Vietnam (23.9K cubic meters)
  6. Indonesia (14.3K cubic meters)
  7. Philippines (12.3K cubic meters)
  8. Malaysia (9.9K cubic meters)
  9. Mexico (8.4K cubic meters)
  10. United States (8.0K cubic meters)
  11. Colombia (7.4K cubic meters)
  12. South Korea (6.6K cubic meters)
  13. Qatar (6.2K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the waferboard 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:

  • Prodcom 16211313 - Particle board, of wood

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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