Report Update: May 1, 2024

Malaysia - Wooden Particle Board - Market Analysis, Forecast, Size, Trends And Insights

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Wooden Particle Board Price in Malaysia - 2021

Wooden Particle Board Price in Malaysia (CIF) - 2021

The average wooden particle board import price stood at $222 per cubic meter in December 2021, surging by 2.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 24% m-o-m. As a result, import price attained the peak level of $242 per cubic meter. From August 2021 to December 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($1,718 per cubic meter), while the price for Vietnam ($168 per cubic meter) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Wooden Particle Board Price in Malaysia (FOB) - 2022

The average wooden particle board export price stood at $317 per cubic meter in 2022, surging by 2.1% against the previous year. Overall, the export price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of 24%. As a result, the export price attained the peak level of $606 per cubic meter. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($647 per cubic meter), while the average price for exports to China ($262 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 Myanmar (-2.0%), while the prices for the other major destinations experienced a decline.

Wooden Particle Board Imports in Malaysia

Wooden particle board imports into Malaysia declined sharply to 78K cubic meters in 2022, with a decrease of -21.3% against the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 75%. As a result, imports reached the peak of 99K cubic meters, and then contracted remarkably in the following year.

In value terms, wooden particle board imports contracted notably to $12M in 2022. In general, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of $15M, and then declined notably in the following year.

Import of Wooden Particle Board in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	9.1	6.5	12.6	7.1	-7.9%
China	1.4	2.3	1.6	4.8	50.8%
Bangladesh	0.5	0.1	0.4	0.2	-26.3%
Others	0.5	0.7	0.7	0.4	-7.2%
Total	11.5	9.7	15.2	12.5	2.8%

Top Suppliers of Wooden Particle Board to Malaysia in 2022:

Thailand (46.0K cubic meters)
China (28.4K cubic meters)
Bangladesh (1.5K cubic meters)

Wooden Particle Board Exports in Malaysia

In 2022, overseas shipments of wooden particle board were finally on the rise to reach 1.7K cubic meters after two years of decline. Overall, exports, however, recorded a significant decline. Over the period under review, the exports attained the maximum at 4.2K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, wooden particle board exports soared to $532K in 2022. Over the period under review, exports, however, continue to indicate a sharp reduction. Over the period under review, the exports hit record highs at $1.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Wooden Particle Board in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	929	485	279	363	-26.9%
Vietnam	79.3	72.6	44.9	63.4	-7.2%
Japan	69.1	50.2	12.4	36.6	-19.1%
Myanmar	4.0	8.1	5.4	17.2	62.6%
Indonesia	34.6	14.3	7.4	15.8	-23.0%
Others	66.4	61.4	22.8	35.5	-18.8%
Total	1,182	692	372	532	-23.4%

Top Export Markets for Wooden Particle Board from Malaysia in 2022:

China (1388.0 cubic meters)
Vietnam (98.0 cubic meters)
Japan (57.0 cubic meters)
Myanmar (38.0 cubic meters)
Indonesia (35.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wooden particle board 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 16211319 - Waferboard and similar board, of wood (excluding particle board and oriented strand board [OSB])

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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