Latest Report Update: Jan 13, 2020

Singapore - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Singapore: Wood-Based Panels Market Overview 2020

Wood-Based Panels Market Size in Singapore

The revenue of the wood-based panels market in Singapore amounted to $X in 2018, remaining relatively unchanged against the previous year. Overall, wood-based panels consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, the wood-based panels market attained its peak figure level at $X in 2010; however, from 2011 to 2018, consumption failed to regain its momentum.

Wood-Based Panels Production in Singapore

In value terms, wood-based panels production totaled $X in 2018 estimated in export prices. Over the period under review, wood-based panels production continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, wood-based panels production attained its peak figure level in 2018 and is likely to see steady growth in the near future.

Wood-Based Panels Exports

Exports from Singapore

In 2018, the amount of wood-based panels exported from Singapore amounted to X cubic meters, flattening at the previous year. Overall, wood-based panels exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Exports peaked at X cubic meters in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, wood-based panels exports amounted to $X in 2018. Overall, wood-based panels exports, however, continue to indicate a drastic slump. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X cubic meters) was the main destination for wood-based panels exports from Singapore, with a X% share of total exports. Moreover, wood-based panels exports to Malaysia exceeded the volume sent to the second major destination, Thailand (X cubic meters), twofold. Egypt (X cubic meters) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Malaysia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-X% per year) and Egypt (+X% per year).

In value terms, the largest markets for wood-based panels exported from Singapore were India ($X), Maldives ($X) and Viet Nam ($X), together accounting for X% of total exports.

India recorded the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced a decline.

Export Prices by Country

In 2018, the average wood-based panels export price amounted to $X per cubic meter, picking up by X% against the previous year. In general, the wood-based panels export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, the average export prices for wood-based panels attained their maximum at $X per cubic meter in 2015; however, from 2016 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Viet Nam ($X per cubic meter), while the average price for exports to Bangladesh ($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 India, while the prices for the other major destinations experienced more modest paces of growth.

Wood-Based Panels Imports

Imports into Singapore

In 2018, approx. X cubic meters of wood-based panels were imported into Singapore; shrinking by -X% against the previous year. In general, wood-based panels imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, wood-based panels imports reached their peak figure at X cubic meters in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

In value terms, wood-based panels imports stood at $X in 2018. Overall, wood-based panels imports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X cubic meters) constituted the largest supplier of wood-based panels to Singapore, accounting for a X% share of total imports. Moreover, wood-based panels imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X cubic meters), threefold. The third position in this ranking was occupied by Myanmar (X cubic meters), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Myanmar (+X% per year).

In value terms, the largest wood-based panels suppliers to Singapore were China ($X), Indonesia ($X) and Malaysia ($X), together comprising X% of total imports. These countries were followed by Taiwan, Chinese, Italy, Germany, New Zealand, the U.S., Myanmar, the Netherlands, the Philippines and Argentina, which together accounted for a further X Zealand experienced the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average wood-based panels import price amounted to $X per cubic meter, lowering by -X% against the previous year. Over the period under review, the wood-based panels import price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for wood-based panels reached their peak figure at $X per cubic meter in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Indonesia ($X per cubic meter), while the price for Argentina ($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 Indonesia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• FCL 1647 - Hardboard
• FCL 1648 - MDF/HDF
• FCL 1650 - Other fibreboard
• FCL 1697 - Particle board
• FCL 1606 - OSB
• FCL 1640 - Plywood
• FCL 1634 - Veneer sheets

This report provides an in-depth analysis of the wood-based panels market in Singapore. 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 2025.


Country coverage:
• Singapore

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Singapore
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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