Malaysia: Oriented Strandboard (Osb) Market 2024

Oriented Strandboard (Osb) Market Size in Malaysia

In 2022, the Malaysian oriented strandboard (OSB) market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, recorded a perceptible contraction. Oriented strandboard (OSB) consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Oriented Strandboard (Osb) Production in Malaysia

In value terms, oriented strandboard (OSB) production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Oriented Strandboard (Osb) Exports

Exports from Malaysia

In 2022, oriented strandboard (osb) exports from Malaysia was estimated at X cubic meters, rising by X% compared with the previous year. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the maximum at X cubic meters in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, oriented strandboard (OSB) exports rose significantly to $X in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X cubic meters), South Korea (X cubic meters) and China (X cubic meters) were the main destinations of oriented strandboard (OSB) exports from Malaysia, with a combined X% share of total exports. Thailand, Peru and India lagged somewhat behind, together comprising a further X%.

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

In value terms, Vietnam ($X), South Korea ($X) and China ($X) constituted the largest markets for oriented strandboard (OSB) exported from Malaysia worldwide, with a combined X% share of total exports. Thailand, Peru and India lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the average oriented strandboard (OSB) export price amounted to $X per cubic meter, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a mild setback. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($X per cubic meter) and South Korea ($X per cubic meter), while the average price for exports to China ($X per cubic meter) and Peru ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced mixed trend patterns.

Oriented Strandboard (Osb) Imports

Imports into Malaysia

In 2022, oriented strandboard (osb) imports into Malaysia fell sharply to X cubic meters, declining by X% compared with 2021 figures. Over the period under review, imports, however, posted a perceptible expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X cubic meters, and then dropped significantly in the following year.

In value terms, oriented strandboard (OSB) imports plummeted to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Thailand (X cubic meters) constituted the largest supplier of oriented strandboard (OSB) to Malaysia, accounting for a X% share of total imports. Moreover, oriented strandboard (OSB) imports from Thailand exceeded the figures recorded by the second-largest supplier, Singapore (X cubic meters), twofold.

From 2012 to 2022, the average annual growth rate of volume from Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and China (X% per year).

In value terms, the largest oriented strandboard (OSB) suppliers to Malaysia were Thailand ($X), China ($X) and Singapore ($X), together comprising X% of total imports.

Singapore, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average oriented strandboard (OSB) import price amounted to $X per cubic meter, increasing by X% against the previous year. In general, the import price, however, saw a perceptible decline. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per cubic meter), while the price for Thailand ($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 Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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