Report Update Apr 1, 2024

Eastern Asia - Oriented Strand Board (OSB) - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Oriented Strandboard (Osb) Market 2024

Oriented Strandboard (Osb) Market Size in Eastern Asia

For the eleventh year in a row, the East Asian oriented strandboard (OSB) market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption continues to indicate a significant increase. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Oriented Strandboard (Osb) Production in Eastern Asia

In value terms, oriented strandboard (OSB) production rose markedly to $X in 2022 estimated in export price. In general, production continues to indicate significant growth. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Oriented Strandboard (Osb) Exports

Exports in Eastern Asia

In 2022, overseas shipments of oriented strandboard (OSB) decreased by X% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded resilient growth. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X cubic meters, and then contracted notably in the following year.

In value terms, oriented strandboard (OSB) exports dropped remarkably to $X in 2022. In general, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then fell markedly in the following year.

Exports by Country

China (X cubic meters) represented roughly X% of total exports in 2022.

China was also the fastest-growing in terms of the oriented strandboard (OSB) exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest oriented strandboard (OSB) supplier in Eastern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per cubic meter, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per cubic meter, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Oriented Strandboard (Osb) Imports

Imports in Eastern Asia

In 2022, oriented strandboard (osb) imports in Eastern Asia expanded to X cubic meters, surging by X% compared with 2021. Total imports indicated a measured increase from 2012 to 2022: its volume 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, imports decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, oriented strandboard (OSB) imports skyrocketed to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X cubic meters) and Japan (X cubic meters) represented the main importers of oriented strandboard (OSB) in 2022, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by South Korea (X cubic meters), achieving a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest oriented strandboard (OSB) importing markets in Eastern Asia were Japan ($X), China ($X) and South Korea ($X), with a combined X% share of total imports.

China, with a CAGR of X%, saw 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

In 2022, the import price in Eastern Asia amounted to $X per cubic meter, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per cubic meter), while South Korea ($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 China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oriented strandboard (osb) in Eastern Asia?

China constituted the country with the largest volume of oriented strandboard OSB) consumption, comprising approx. 95% of total volume. Moreover, oriented strandboard OSB) consumption in China exceeded the figures recorded by the second-largest consumer, Japan, more than tenfold.

What are the largest producers of oriented strandboard (osb) in Eastern Asia?

China constituted the country with the largest volume of oriented strandboard OSB) production, accounting for 99.9% of total volume.

What are the leading exporters of oriented strandboard (osb) in Eastern Asia?

In value terms, China remains the largest oriented strandboard OSB) supplier in Eastern Asia.

What are the leading importers of oriented strandboard (osb) in Eastern Asia?

In value terms, Japan, China and South Korea were the countries with the highest levels of imports in 2022, with a combined 99% share of total imports.

What is the average export price for oriented strandboard (osb) in Eastern Asia?

The export price in Eastern Asia stood at $280 per cubic meter in 2022, shrinking by -8.1% against the previous year.

What is the average import price for oriented strandboard (osb) in Eastern Asia?

The import price in Eastern Asia stood at $364 per cubic meter in 2022, increasing by 16% against the previous year.

This report provides an in-depth analysis of the oriented strandboard (osb) market in Eastern Asia. 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 1606 - OSB

Country coverage:

China
Democratic People's Republic of Korea
Hong Kong SAR
Japan
Macao SAR
South Korea
Taiwan (Chinese)

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Eastern Asia, split by region and country
Trade (exports and imports) in Eastern Asia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023