World - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights

Global Wood-Based Panels Market Overview 2019

Wood-Based Panels Market Size

The global wood-based panels market revenue amounted to $X in 2017, picking up by X% against the previous year. Overall, wood-based panels consumption continues to indicate a remarkable growth. The pace of growth appeared the most rapid in 2011, with an increase of X% y-o-y. Global wood-based panels consumption peaked in 2017, and is expected to retain its growth in the near future.

Wood-Based Panels Production

In 2017, approx. X cubic meters of wood-based panels were produced worldwide; therefore, remained relatively stable against the previous year. In general, the total output indicated a tangible expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the wood-based panels production increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2011, when the output figure increased by X% year-to-year. Over the period under review, the global wood-based panels production reached its maximum volume of X cubic meters in 2016, leveling off in the following year.

Wood-Based Panels Exports

Exports 2007-2017

In 2017, approx. X cubic meters of wood-based panels were exported worldwide; jumping by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. Global exports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, wood-based panels exports totaled $X in 2017. In general, wood-based panels exports continue to indicate a relatively flat trend pattern. Over the period under review, the global wood-based panels exports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Exports by Country

The countries with the highest levels of wood-based panels exports in 2017 were Canada (X cubic meters), Germany (X cubic meters), Thailand (X cubic meters), China (X cubic meters), Russia (X cubic meters), Austria (X cubic meters), France (X cubic meters), Poland (X cubic meters), Belarus (X cubic meters), Belgium (X cubic meters), Romania (X cubic meters) and Spain (X cubic meters), together recording X% of total export.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Belarus (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest wood-based panels supplier worldwide, making up X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Canada, with a X% share.

In China, wood-based panels exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Germany (-X% per year) and Canada (+X% per year).

Export Prices by Country

In 2017, the average wood-based panels export price amounted to $X per thousand cubic meters, remaining constant against the previous year. In general, wood-based panels export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2011, when the average export prices increased by X% y-o-y. Global export price peaked of $X per thousand cubic meters in 2008; however, from 2009 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China ($X per thousand cubic meters), while Thailand ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other global leaders experienced mixed trends in the export price figures.

Wood-Based Panels Imports

Imports 2007-2017

In 2017, the amount of wood-based panels imported worldwide totaled X cubic meters, picking up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the global wood-based panels imports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, wood-based panels imports stood at $X in 2017. In general, wood-based panels imports continue to indicate a relatively flat trend pattern. Global imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Imports by Country

In 2017, the U.S. (X cubic meters), distantly followed by Germany (X cubic meters) were the major importers of wood-based panels, together achieving X% of total imports. Poland (X cubic meters), Italy (X cubic meters), the UK (X cubic meters), Japan (X cubic meters), South Korea (X cubic meters), France (X cubic meters), the Netherlands (X cubic meters), Belgium (X cubic meters), China (X cubic meters) and Canada (X cubic meters) occupied the slight share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2017. At the same time, Poland (+X%), Germany (+X%), Italy (+X%), South Korea (+X%), Belgium (+X%), the Netherlands (+X%), China (+X%), Japan (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. The UK experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Poland, Germany and the U.S. decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported wood-based panels worldwide, making up X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in the U.S. was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Japan (-X% per year).

Import Prices by Country

In 2017, the average wood-based panels import price amounted to $X per thousand cubic meters, declining by -X% against the previous year. In general, wood-based panels import price continues to indicate a moderate contraction. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. In that year, the average import prices for wood-based panels attained their peak level of $X per thousand cubic meters. From 2009 to 2017, growth of the average import prices for wood-based panels stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per thousand cubic meters), while Poland ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by France (+X% per year), while the other global leaders experienced a decline in the import price figures.