Belarus - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Belarus - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights

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Wood-Based Panels Price in Belarus - 2022

Contents:

  1. Wood-Based Panels Price in Belarus (FOB) - 2022
  2. Wood-Based Panels Price in Belarus (CIF) - 2022
  3. Wood-Based Panels Exports in Belarus
  4. Wood-Based Panels Imports in Belarus

Wood-Based Panels Price in Belarus (FOB) - 2022

In 2022, the average wood-based panels export price amounted to $399 per cubic meter, increasing by 13% against the previous year. In general, the export price continues to indicate pronounced growth. The growth pace was the most rapid in 2021 when the average export price increased by 68%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($973 per cubic meter), while the average price for exports to Poland ($327 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Wood-Based Panels Price in Belarus (CIF) - 2022

The average wood-based panels import price stood at $404 per cubic meter in 2022, surging by 5% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2021 when the average import price increased by 23%. The import price peaked at $417 per cubic meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($964 per cubic meter), while the price for Russia ($310 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Wood-Based Panels Exports in Belarus

After three years of growth, overseas shipments of wood-based panels decreased by -16.7% to 2.4M cubic meters in 2022. In general, exports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Over the period under review, the exports hit record highs at 2.8M cubic meters in 2021, and then shrank dramatically in the following year.

In value terms, wood-based panels exports reduced to $943M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 70% against the previous year. As a result, the exports attained the peak of $1B, and then shrank in the following year.

Export of Wood-Based Panels in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia15919023426518.6%
Poland13214624923621.4%
Ukraine87.090.112812813.7%
United States0.91.258.170.1327.1%
United Kingdom0.82.352.857.4315.5%
Lithuania38.440.867.855.112.8%
Latvia9.915.329.730.545.5%
Kazakhstan13.111.419.518.812.8%
Others90.792.616483.0-2.9%
Total5325901,00494321.0%

Top Export Markets for Wood-Based Panels from Belarus in 2022:

  1. Poland (721.9K cubic meters)
  2. Russia (705.7K cubic meters)
  3. Ukraine (304.9K cubic meters)
  4. Lithuania (165.2K cubic meters)
  5. United Kingdom (80.9K cubic meters)
  6. United States (72.0K cubic meters)
  7. Latvia (61.7K cubic meters)
  8. Kazakhstan (45.9K cubic meters)

Wood-Based Panels Imports in Belarus

After three years of growth, overseas purchases of wood-based panels decreased by -23.1% to 289K cubic meters in 2022. The total import volume increased at an average annual rate of +1.1% over the period 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 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 375K cubic meters, and then fell dramatically in the following year.

In value terms, wood-based panels imports reduced rapidly to $117M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.0% 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 +19.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. As a result, imports reached the peak of $145M, and then dropped rapidly in the following year.

Import of Wood-Based Panels in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia63.763.594.867.11.7%
Poland13.015.723.826.627.0%
Ukraine6.18.312.69.917.5%
Others15.113.213.313.0-4.9%
Total97.91011451176.1%

Top Suppliers of Wood-Based Panels to Belarus in 2022:

  1. Russia (216.2K cubic meters)
  2. Poland (37.3K cubic meters)
  3. Ukraine (21.0K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood-based panels market in Belarus. 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
  • FCL 1648 - MDF/HDF
  • FCL 1650 - Other fibreboard
  • FCL 1697 - Particle board
  • FCL 1606 - OSB
  • FCL 1640 - Plywood
  • FCL 1634 - Veneer sheets

Country coverage:

  • Belarus

Data coverage:

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