Southern Asia: Oriented Strandboard (Osb) Market 2022

Oriented Strandboard (Osb) Market Size in Southern Asia

In 2021, the South Asian oriented strandboard (osb) market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, continues to indicate a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Oriented Strandboard (Osb) Production in Southern Asia

In value terms, oriented strandboard (osb) production shrank sharply to $X in 2021 estimated in export price. In general, production continues to indicate significant growth. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then shrank sharply in the following year.

Production By Country in Southern Asia

Pakistan (X cubic meters) remains the largest oriented strandboard (osb) producing country in Southern Asia, accounting for X% of total volume.

From 2019 to 2021, the average annual rate of growth in terms of volume in Pakistan totaled +X%.

Oriented Strandboard (Osb) Exports

Exports in Southern Asia

In 2021, oriented strandboard (osb) exports in Southern Asia dropped significantly to X cubic meters, waning by -X% compared with 2020. Over the period under review, exports recorded a deep setback. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, oriented strandboard (osb) exports fell dramatically to $X in 2021. In general, exports recorded a deep setback. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan represented the main exporting country with an export of around X cubic meters, which reached X% of total exports. It was distantly followed by India (X cubic meters), generating a X% share of total exports.

Pakistan was also the fastest-growing in terms of the oriented strandboard (osb) exports, with a CAGR of +X% from 2012 to 2021. India (-X%) illustrated a downward trend over the same period. percentage points. India (-X p.p.) saw their shares reduced.

In value terms, Pakistan ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2021.

Among the main exporting countries, Pakistan, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Southern Asia stood at $X per cubic meter in 2021, with a decrease of -X% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($X per cubic meter), while Pakistan amounted to $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-X%).

Oriented Strandboard (Osb) Imports

Imports in Southern Asia

In 2021, purchases abroad of oriented strandboard (osb) decreased by -X% to X cubic meters, falling for the fifth consecutive year after two years of growth. In general, imports showed a deep downturn. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of X cubic meters. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, oriented strandboard (osb) imports fell to $X in 2021. Over the period under review, imports saw a abrupt descent. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India represented the major importer of oriented strandboard (osb) in Southern Asia, with the volume of imports accounting for X cubic meters, which was approx. X% of total imports in 2021. It was distantly followed by Afghanistan (X cubic meters) and Maldives (X cubic meters), together constituting a X% share of total imports. The following importers - Bangladesh (X cubic meters) and Pakistan (X cubic meters) - together made up X% of total imports.

Imports into India decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Afghanistan (+X%), Bangladesh (+X%) and Maldives (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2012-2021. By contrast, Pakistan (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Afghanistan, Maldives and Bangladesh increased by +X, +X and +X percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported oriented strandboard (osb) in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Maldives ($X), with a X% share of total imports. It was followed by Afghanistan, with a X% share.

In India, oriented strandboard (osb) imports plunged by an average annual rate of -X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Maldives (+X% per year) and Afghanistan (+X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per cubic meter in 2021, which is down by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Pakistan ($X per cubic meter), while Afghanistan ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform