Asia: Fibreboard Market 2024

Fibreboard Market Size in Asia

In 2022, the Asian fibreboard market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Fibreboard Production in Asia

In value terms, fibreboard production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Fibreboard Exports

Exports in Asia

In 2022, shipments abroad of fibreboard decreased by X% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X cubic meters, and then shrank modestly in the following year.

In value terms, fibreboard exports amounted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

In 2022, Thailand (X cubic meters) and China (X cubic meters) were the main exporters of fibreboard in Asia, together recording approx. X% of total exports. Turkey (X cubic meters) ranks next in terms of the total exports with an X% share, followed by Malaysia (X%) and Indonesia (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fibreboard supplying countries in Asia were China ($X), Thailand ($X) and Turkey ($X), together accounting for X% of total exports.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per cubic meter in 2022, increasing by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per cubic meter), while Thailand ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Fibreboard Imports

Imports in Asia

Fibreboard imports reduced to X cubic meters in 2022, which is down by X% against the year before. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X cubic meters. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, fibreboard imports expanded modestly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Saudi Arabia (X cubic meters), followed by the United Arab Emirates (X cubic meters), Japan (X cubic meters), Iran (X cubic meters) and Iraq (X cubic meters) were the major importers of fibreboard, together generating X% of total imports. Kazakhstan (X cubic meters), Vietnam (X cubic meters), Uzbekistan (X cubic meters), Turkey (X cubic meters), India (X cubic meters), South Korea (X cubic meters), Israel (X cubic meters) and Syrian Arab Republic (X cubic meters) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iraq (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fibreboard importing markets in Asia were Japan ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), together accounting for X% of total imports. Uzbekistan, Vietnam, Kazakhstan, Israel, Iran, Iraq, India, Turkey, South Korea and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per cubic meter in 2022, surging by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per cubic meter), while Syrian Arab Republic ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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