South-Eastern Asia: Fiberboard Market 2024

Fiberboard Market Size in South-Eastern Asia

In 2022, the Southeast Asian fiberboard market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, saw a perceptible reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Fiberboard Production in South-Eastern Asia

In value terms, fiberboard production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Fiberboard Exports

Exports in South-Eastern Asia

In 2022, after two years of growth, there was decline in overseas shipments of fiber board of wood or other ligneous materials, when their volume decreased by X% to X cubic meters. Total exports indicated strong growth 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, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X cubic meters in 2021, and then reduced modestly in the following year.

In value terms, fiberboard exports reached $X in 2022. The total export 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Thailand represented the main exporting country with an export of around X cubic meters, which finished at X% of total exports. It was distantly followed by Indonesia (X cubic meters) and Malaysia (X cubic meters), together generating a X% share of total exports. Vietnam (X cubic meters) held a minor share of total exports.

Thailand was also the fastest-growing in terms of the fiber board of wood or other ligneous materials exports, with a CAGR of X% from 2012 to 2022. At the same time, Indonesia (X%) and Vietnam (X%) displayed positive paces of growth. By contrast, Malaysia (X%) illustrated a downward trend over the same period. Thailand (X p.p.) and Indonesia (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest fiberboard supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Indonesia, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Thailand stood at X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per cubic meter in 2022, surging by X% against the previous year. Overall, the export price, however, showed a slight decrease. The pace of growth was the most pronounced in 2019 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per cubic meter), while Thailand ($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 Indonesia (X%), while the other leaders experienced a decline in the export price figures.

Fiberboard Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of fiber board of wood or other ligneous materials increased by X% to X cubic meters, rising for the third consecutive year after two years of decline. Total imports indicated a buoyant 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 increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, fiberboard imports dropped to $X in 2022. The total import 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Vietnam (X cubic meters) was the major importer of fiber board of wood or other ligneous materials, generating X% of total imports. Malaysia (X cubic meters) held the second position in the ranking, followed by Indonesia (X cubic meters), the Philippines (X cubic meters) and Myanmar (X cubic meters). All these countries together held near X% share of total imports. Cambodia (X cubic meters) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to fiberboard imports into Vietnam stood at X%. At the same time, Myanmar (X%), Cambodia (X%), Malaysia (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia, Myanmar, the Philippines and Cambodia increased by X, X, X and X percentage points, respectively.

In value terms, Vietnam ($X) constitutes the largest market for imported fiber board of wood or other ligneous materials in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam stood at X%. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and the Philippines (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per cubic meter, with a decrease of X% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs 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 importing countries. In 2022, amid the top importers, the country with the highest price was Cambodia ($X per cubic meter), while Myanmar ($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 Cambodia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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