China: Hardboard Market Overview 2020

Hardboard Market Size in China

The revenue of the hardboard market in China amounted to $X in 2018, jumping by X% against the previous year. Overall, hardboard consumption continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2009 when the market value increased by X% against the previous year. Hardboard consumption peaked at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Hardboard Production in China

In value terms, hardboard production stood at $X in 2018 estimated in export prices. Overall, hardboard production continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, hardboard production reached its peak figure level at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Hardboard Exports

Exports from China

In 2018, approx. X cubic meters of hardboard were exported from China; lowering by -X% against the previous year. In general, hardboard exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Over the period under review, hardboard exports attained their maximum at X cubic meters in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, hardboard exports stood at $X in 2018. Over the period under review, hardboard exports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, hardboard exports attained their peak of $X. From 2009 to 2018, the growth of hardboard exports remained at a somewhat lower figure.

Exports by Country

Canada (X cubic meters), the U.S. (X cubic meters) and Sudan (X cubic meters) were the main destinations of hardboard exports from China, with a combined X% share of total exports. Australia, India, South Korea, Russia, Romania, Viet Nam, Chile, Iran and Taiwan, Chinese lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Viet Nam, while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the U.S. ($X) and Australia ($X) appeared to be the largest markets for hardboard exported from China worldwide, with a combined X% share of total exports. India, South Korea, Sudan, Viet Nam, Chile, Romania, Russia, Iran and Taiwan, Chinese lagged somewhat behind, together comprising a further X Nam recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hardboard export price stood at $X per cubic meter in 2018, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, the average export prices for hardboard reached their peak figure at $X per cubic meter in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per cubic meter), while the average price for exports to Sudan ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to South Korea, while the prices for the other major destinations experienced more modest paces of growth.

Hardboard Imports

Imports into China

Hardboard imports into China stood at X cubic meters in 2018, coming down by -X% against the previous year. Over the period under review, hardboard imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, hardboard imports reached their maximum at X cubic meters in 2017, and then declined slightly in the following year.

In value terms, hardboard imports totaled $X in 2018. Over the period under review, hardboard imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, Germany (X cubic meters) constituted the largest supplier of hardboard to China, accounting for a X% share of total imports. Moreover, hardboard imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X cubic meters), fivefold. The third position in this ranking was occupied by Australia (X cubic meters), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Australia (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of hardboard to China, comprising X% of total hardboard imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Australia (+X% per year).

Import Prices by Country

In 2018, the average hardboard import price amounted to $X per cubic meter, remaining constant against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% against the previous year. In that year, the average import prices for hardboard attained their peak level of $X per cubic meter. From 2013 to 2018, the growth in terms of the average import prices for hardboard failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Poland ($X per cubic meter), while the price for the Netherlands ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform