Indonesia: Hardboard Market Overview 2020

Hardboard Market Size in Indonesia

The revenue of the hardboard market in Indonesia amounted to $X in 2018, surging by X% against the previous year. Over the period under review, hardboard consumption continues to indicate prominent growth. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. In that year, the hardboard market attained its peak level of $X. From 2010 to 2018, the growth of the hardboard market remained at a lower figure.

Hardboard Production in Indonesia

In value terms, hardboard production stood at $X in 2018 estimated in export prices. Overall, hardboard production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. In that year, hardboard production reached its peak level of $X. From 2010 to 2018, hardboard production growth failed to regain its momentum.

Hardboard Exports

Exports from Indonesia

In 2018, approx. X cubic meters of hardboard were exported from Indonesia; lowering by -X% against the previous year. Over the period under review, hardboard exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Exports peaked at X cubic meters in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, hardboard exports amounted to $X in 2018. In general, hardboard exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. In that year, hardboard exports reached their peak of $X. From 2015 to 2018, the growth of hardboard exports remained at a somewhat lower figure.

Exports by Country

Taiwan, Chinese (X cubic meters), Malaysia (X cubic meters) and Australia (X cubic meters) were the main destinations of hardboard exports from Indonesia, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Australia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hardboard exported from Indonesia were Malaysia ($X), Australia ($X) and Taiwan, Chinese ($X), together accounting for X% of total exports.

Malaysia (+X% per year) recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, 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, going up by X% against the previous year. Over the period under review, the export price indicated a measured expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hardboard export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2009 an increase of X% year-to-year. In that year, the average export prices for hardboard attained their peak level of $X per cubic meter. From 2010 to 2018, the growth in terms of the average export prices for hardboard remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Norway ($X per cubic meter), while the average price for exports to Syrian Arab Republic ($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 the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Hardboard Imports

Imports into Indonesia

In 2018, approx. X cubic meters of hardboard were imported into Indonesia; increasing by X% against the previous year. In general, hardboard imports, however, continue to indicate a slight decrease. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, hardboard imports reached their maximum at X cubic meters in 2012; however, from 2013 to 2018, imports remained at a lower figure.

In value terms, hardboard imports stood at $X in 2018. Overall, hardboard imports, however, continue to indicate a measured increase. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, hardboard imports reached their peak figure at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X cubic meters), Malaysia (X cubic meters) and China (X cubic meters) were the main suppliers of hardboard imports to Indonesia, with a combined X% share of total imports. These countries were followed by Japan, Chile, Germany, Brazil and Italy, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Chile, while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Malaysia ($X) and China ($X) appeared to be the largest hardboard suppliers to Indonesia, with a combined X% share of total imports. These countries were followed by Japan, Germany, Chile, Italy and Brazil, which together accounted for a further X experienced the highest growth rate of imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hardboard import price stood at $X per cubic meter in 2018, falling by -X% against the previous year. In general, the import price indicated a buoyant increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hardboard import price decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for hardboard attained their maximum at $X per cubic meter in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

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