Report China - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 27, 2022

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

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China: Wood-Based Panels Market 2022

Wood-Based Panels Market Size in China

In 2021, after two years of growth, there was decline in the Chinese wood-based panels market, when its value decreased by -X% to $X. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Wood-Based Panels Production in China

In value terms, wood-based panels production stood at $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Wood-based panels production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Wood-Based Panels Exports

Exports from China

In 2021, the amount of wood-based panels exported from China was estimated at X cubic meters, increasing by X% against 2020. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X cubic meters in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, wood-based panels exports rose significantly to $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X cubic meters), the Philippines (X cubic meters) and Vietnam (X cubic meters) were the main destinations of wood-based panels exports from China, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), the United States ($X) and the Philippines ($X) constituted the largest markets for wood-based panels exported from China worldwide, with a combined X% share of total exports.

Vietnam, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wood-based panels export price stood at $X per cubic meter in 2021, growing 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 2013 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to the United Arab Emirates ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Wood-Based Panels Imports

Imports into China

Wood-based panels imports into China expanded remarkably to X cubic meters in 2021, increasing by X% against 2020. Over the period under review, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, wood-based panels imports amounted to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Russia (X cubic meters), Thailand (X cubic meters) and Romania (X cubic meters) were the main suppliers of wood-based panels imports to China, together accounting for X% of total imports. These countries were followed by Brazil, Germany, Myanmar, Vietnam, Malaysia, Canada, Italy, Gabon, Austria and Spain, which together accounted for a further X 2012 to 2021, the biggest increases were in Myanmar (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Russia ($X) and Romania ($X) were the largest wood-based panels suppliers to China, together accounting for X% of total imports. These countries were followed by Germany, Thailand, Italy, Brazil, Austria, Spain, Malaysia, Canada, Gabon and Myanmar, which together accounted for a further X terms of the main suppliers, Gabon, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood-based panels import price stood at $X per cubic meter in 2021, with a decrease of -X% against the previous year. Over the period under review, the import price showed a pronounced contraction. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Vietnam ($X per cubic meter), while the price for Myanmar ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for wood-based panels in the world?
+
China remains the largest wood-based panels consuming country worldwide, accounting for 36% of total volume. Moreover, wood-based panels consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was held by Saudi Arabia, with a 5.4% share.
What are the largest producers of wood-based panels in the world?
+
China remains the largest wood-based panels producing country worldwide, accounting for 41% of total volume. Moreover, wood-based panels production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was taken by Russia, with a 4.6% share.
What are the leading suppliers of wood-based panels to China?
+
In value terms, Vietnam, Russia and Romania were the largest wood-based panels suppliers to China, together accounting for 66% of total imports. These countries were followed by Germany, Thailand, Italy, Brazil, Austria, Spain, Malaysia, Canada, Gabon and Myanmar, which together accounted for a further 62%.
What are the leading importers of wood-based panels from China?
+
In value terms, the largest markets for wood-based panels exported from China were Vietnam, the United States and the Philippines, with a combined 29% share of total exports.
What is the average export price for wood-based panels in China?
+
In 2021, the average wood-based panels export price amounted to $531 per cubic meter, with an increase of 4% against the previous year.
What is the average import price for wood-based panels in China?
+
The average wood-based panels import price stood at $328 per cubic meter in 2021, falling by -6% against the previous year.

This report provides an in-depth analysis of the wood-based panels market in China. 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:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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