CIS: Particle Board Market 2024

Particle Board Market Size in CIS

The CIS particle board market contracted modestly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption continues to indicate a pronounced decline. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Particle Board Production in CIS

In value terms, particle board production reduced to $X in 2022 estimated in export price. In general, production, however, saw a mild contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Particle Board Exports

Exports in CIS

After two years of growth, shipments abroad of particle board decreased by X% to X cubic meters in 2022. In general, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at X cubic meters in 2021, and then dropped in the following year.

In value terms, particle board exports reduced to $X in 2022. Overall, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

In 2022, Russia (X cubic meters) and Belarus (X cubic meters) represented the key exporter of particle board in the CIS, comprising X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belarus (with a CAGR of X%).

In value terms, Belarus ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2022.

Belarus, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in the CIS stood at $X per cubic meter in 2022, approximately mirroring the previous year. Export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, particle board export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per cubic meter), while Russia stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Particle Board Imports

Imports in CIS

Particle board imports reduced to X cubic meters in 2022, waning by X% on the year before. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at X cubic meters in 2021, and then dropped in the following year.

In value terms, particle board imports shrank dramatically to $X in 2022. Over the period under review, imports showed a mild slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Uzbekistan (X cubic meters) and Kazakhstan (X cubic meters) represented the key importers of particle board in the CIS, together creating X% of total imports. Azerbaijan (X cubic meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Belarus (X%), Kyrgyzstan (X%) and Moldova (X%). Tajikistan (X cubic meters) followed a long way behind the leaders.

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

In value terms, the largest particle board importing markets in the CIS were Kazakhstan ($X), Uzbekistan ($X) and Azerbaijan ($X), with a combined X% share of total imports.

Among the main importing countries, Uzbekistan, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in the CIS amounted to $X per cubic meter, dropping by X% against the previous year. Over the period under review, the import price recorded a mild decline. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices attained the maximum at $X per cubic meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Tajikistan ($X per cubic meter), while Uzbekistan ($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 Tajikistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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