Malaysia - Waferboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Waferboard Price in Malaysia - 2021

Contents:

  1. Waferboard Price in Malaysia (CIF) - 2021
  2. Waferboard Price in Malaysia (FOB) - 2021
  3. Waferboard Imports in Malaysia
  4. Waferboard Exports in Malaysia

Waferboard Price in Malaysia (CIF) - 2021

In December 2021, the average waferboard import price amounted to $150 per cubic meter, growing by 3.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 9.2% month-to-month. Over the period under review, average import prices attained the maximum in December 2021.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was China ($240 per cubic meter), while the price for Thailand amounted to $148 per cubic meter.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (+2.1%).

Waferboard Price in Malaysia (FOB) - 2021

The average waferboard export price stood at $218 per cubic meter in December 2021, surging by 5.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in July 2021 an increase of 10% month-to-month. Over the period under review, the average export prices reached the maximum at $227 per cubic meter in September 2021; however, from October 2021 to December 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($341 per cubic meter), while the average price for exports to Vietnam ($164 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 South Korea (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Waferboard Imports in Malaysia

In 2022, after three years of growth, there was significant decline in overseas purchases of waferboards, when their volume decreased by -43.8% to 404K cubic meters. Over the period under review, imports saw a mild slump. The pace of growth was the most pronounced in 2020 when imports increased by 49% against the previous year. Imports peaked at 719K cubic meters in 2021, and then fell dramatically in the following year.

In value terms, waferboard imports dropped to $83M in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 51%. Imports peaked at $97M in 2021, and then contracted in the following year.

Import of Waferboard in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.23.83.737.3156.9%
Italy0.10.10.514.1420.5%
BelgiumN/A0.10.24.6578.2%
Czech RepublicN/A0.1N/A1.2246.4%
Thailand41.863.389.5N/A46.3%
Others1.92.23.026.1139.5%
Total46.069.696.983.221.8%

Top Suppliers of Waferboard to Malaysia in 2022:

  1. China (165.3K cubic meters)
  2. Italy (55.6K cubic meters)
  3. Belgium (43.8K cubic meters)
  4. Czech Republic (5.0K cubic meters)

Waferboard Exports in Malaysia

In 2022, shipments abroad of waferboards increased by 25% to 267K cubic meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt curtailment. The exports peaked at 452K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, waferboard exports surged to $49M in 2022. Over the period under review, exports, however, showed a drastic downturn. The exports peaked at $79M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Waferboard in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan8.36.95.714.620.7%
Philippines15.59.811.514.3-2.7%
China14.711.45.99.1-14.8%
India11.57.67.04.9-24.8%
South Korea9.88.55.74.6-22.3%
Vietnam7.13.20.4N/A-76.3%
Indonesia7.04.52.9N/A-35.6%
Others5.34.22.91.5-34.3%
Total79.356.242.149.1-14.8%

Top Export Markets for Waferboard from Malaysia in 2022:

  1. China (76.1K cubic meters)
  2. Japan (63.8K cubic meters)
  3. Philippines (51.0K cubic meters)
  4. South Korea (36.4K cubic meters)
  5. India (33.3K cubic meters)

Source: IndexBox Market Intelligence Platform

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

  • Prodcom 16211313 - Particle board, of wood

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:

  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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