Thailand: Hardboard Market Overview 2020

Hardboard Market Size in Thailand

The revenue of the hardboard market in Thailand amounted to $X in 2018, lowering by -X% against the previous year. Overall, hardboard consumption continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2009 when the market value increased by X% y-o-y. Hardboard consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Hardboard Production in Thailand

In value terms, hardboard production amounted to $X in 2018 estimated in export prices. In general, hardboard production continues to indicate a temperate decrease. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. In that year, hardboard production attained its peak level of $X. From 2010 to 2018, hardboard production growth remained at a somewhat lower figure.

Hardboard Exports

Exports from Thailand

In 2018, the exports of hardboard from Thailand totaled X cubic meters, going up by X% against the previous year. Overall, hardboard exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, hardboard exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, hardboard exports amounted to $X in 2018. Overall, the total exports indicated prominent growth from 2007 to 2018: its value 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 exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, hardboard exports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Saudi Arabia (X cubic meters), Jordan (X cubic meters) and India (X cubic meters) were the main destinations of hardboard exports from Thailand, together accounting for X% of total exports. These countries were followed by Malaysia, South Africa, Liberia, the U.S., Sri Lanka, Viet Nam, Fiji, Sierra Leone and Sudan, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the U.S., while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hardboard exported from Thailand were India ($X), Malaysia ($X) and Saudi Arabia ($X), with a combined X% share of total exports. Jordan, South Africa, the U.S., Liberia, Sri Lanka, Viet Nam, Sierra Leone, Fiji and Sudan lagged somewhat behind, together comprising a further X terms of the main countries of destination, the U.S. (+X% per year) experienced the highest rates of growth with regard to exports, 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, reducing by -X% against the previous year. Over the period under review, the hardboard export price continues to indicate a moderate setback. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% year-to-year. In that year, the average export prices for hardboard reached 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 Malaysia ($X per cubic meter), while the average price for exports to Saudi Arabia ($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 Thailand

In 2018, the imports of hardboard into Thailand stood at X cubic meters, picking up by X% against the previous year. Overall, hardboard imports, however, continue to indicate a moderate downturn. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, hardboard imports attained their peak figure at X cubic meters in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

In value terms, hardboard imports amounted to $X in 2018. Over the period under review, hardboard imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

China (X cubic meters), Malaysia (X cubic meters) and Germany (X cubic meters) were the main suppliers of hardboard imports to Thailand, with a combined X% share of total imports. These countries were followed by Switzerland, New Zealand, Indonesia and Latvia, 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 Indonesia, while the other leaders experienced more modest paces of growth.

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

Import Prices by Country

In 2018, the average hardboard import price amounted to $X per cubic meter, increasing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% year-to-year. In that year, the average import prices for hardboard attained their peak level of $X per cubic meter. From 2017 to 2018, the growth in terms of the average import prices for hardboard remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Switzerland ($X per cubic meter), while the price for Indonesia ($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 Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform