CIS: Wood-Based Panels Market 2024

Wood-Based Panels Market Size in CIS

In 2022, the CIS wood-based panels market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Wood-Based Panels Production in CIS

In value terms, wood-based panels production shrank slightly to $X in 2022 estimated in export price. The total output 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 growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Wood-Based Panels Exports

Exports in CIS

In 2022, overseas shipments of wood-based panels decreased by X% to X cubic meters for the first time since 2011, thus ending a ten-year rising trend. Overall, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X cubic meters in 2021, and then reduced rapidly in the following year.

In value terms, wood-based panels exports contracted remarkably to $X in 2022. In general, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Russia represented the major exporting country with an export of about X cubic meters, which resulted at X% of total exports. It was distantly followed by Belarus (X cubic meters), achieving a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to wood-based panels exports from Russia stood at X%. At the same time, Belarus (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest wood-based panels supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

In Russia, wood-based panels exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per cubic meter, growing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

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

Wood-Based Panels Imports

Imports in CIS

In 2022, the amount of wood-based panels imported in the CIS fell markedly to X cubic meters, reducing by X% against 2021 figures. In general, imports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked at X cubic meters in 2021, and then reduced sharply in the following year.

In value terms, wood-based panels imports contracted to $X in 2022. Overall, imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan (X cubic meters) and Uzbekistan (X cubic meters) represented the main importers of wood-based panels in 2022, amounting to near X% and X% of total imports, respectively. Azerbaijan (X cubic meters) took the next position in the ranking, followed by Belarus (X cubic meters), Kyrgyzstan (X cubic meters), Russia (X cubic meters), Moldova (X cubic meters) and Tajikistan (X cubic meters). All these countries together held near X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key 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 wood-based panels importing markets in the CIS were Uzbekistan ($X), Kazakhstan ($X) and Russia ($X), with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 the CIS stood at $X per cubic meter in 2022, growing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked at $X per cubic meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per cubic meter), while Kyrgyzstan ($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

Frequently Asked Questions (FAQ) :