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

Global Wood-Based Panels Market Overview 2020

Wood-Based Panels Market Size

The global wood-based panels market revenue amounted to $X in 2018, going down by -X% against the previous year. In general, wood-based panels consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the global wood-based panels market reached its maximum level at $X in 2015; however, from 2016 to 2018, consumption stood at a somewhat lower figure.

Wood-Based Panels Production

In value terms, wood-based panels production amounted to $X in 2018 estimated in export prices. In general, wood-based panels production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when production volume increased by X% against the previous year. The global wood-based panels production peaked at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Production By Country

Canada (X cubic meters) constituted the country with the largest volume of wood-based panels production, comprising approx. X% of total volume. Moreover, wood-based panels production in Canada exceeded the figures recorded by the second-largest producer, Thailand (X cubic meters), threefold. Russia (X cubic meters) ranked third in terms of total production with a X% share.

In Canada, wood-based panels production increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and Russia (+X% per year).

Wood-Based Panels Exports

Exports 2007-2018

Global exports totaled X cubic meters in 2018, jumping by X% against the previous year. Overall, the total exports indicated a temperate increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wood-based panels exports increased by +X% against 2009 indices. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, global wood-based panels exports reached their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, wood-based panels exports stood at $X in 2018. In general, wood-based panels exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The global exports peaked at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Canada represented the main exporter of wood-based panels exported in the world, with the volume of exports finishing at X cubic meters, which was near X% of total exports in 2018. Russia (X cubic meters) occupied the second position in the ranking, followed by Germany (X cubic meters), Thailand (X cubic meters), Austria (X cubic meters) and Romania (X cubic meters). All these countries together occupied near X% share of total exports. The following exporters - Belarus (X cubic meters), France (X cubic meters), the Czech Republic (X cubic meters), Belgium (X cubic meters), China (X cubic meters) and Latvia (X cubic meters) - together made up X% of total exports.

Exports from Canada increased at an average annual rate of +X% from 2007 to 2018. At the same time, Romania (+X%), Belarus (+X%), Russia (+X%), Latvia (+X%), China (+X%), France (+X%), Belgium (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2018. Thailand experienced a relatively flat trend pattern. By contrast, Austria (-X%) and Germany (-X%) illustrated a downward trend over the same period. While the share of Canada (+X p.p.), Russia (+X p.p.), Romania (+X p.p.), Belarus (+X p.p.), France (+X p.p.) and Latvia (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Germany (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, wood-based panels exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Canada (+X% per year) and Germany (-X% per year).

Export Prices by Country

In 2018, the average wood-based panels export price amounted to $X per cubic meter, reducing by -X% against the previous year. Overall, the wood-based panels export price continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. In that year, the average export prices for wood-based panels attained their peak level of $X per cubic meter. From 2012 to 2018, the growth in terms of the average export prices for wood-based panels failed to regain its momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per cubic meter), while Thailand ($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 Germany, while the other global leaders experienced a decline in the export price figures.

Wood-Based Panels Imports

Imports 2007-2018

In 2018, approx. X cubic meters of wood-based panels were imported worldwide; remaining stable against the previous year. Over the period under review, the total imports indicated a moderate increase from 2007 to 2018: its volume 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, wood-based panels imports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, global wood-based panels imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, wood-based panels imports amounted to $X in 2018. Overall, wood-based panels imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The global imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X cubic meters), distantly followed by Germany (X cubic meters), Poland (X cubic meters) and South Korea (X cubic meters) represented the largest importers of wood-based panels, together creating X% of total imports. The following importers - Italy (X cubic meters), China (X cubic meters), the UK (X cubic meters), France (X cubic meters), the Netherlands (X cubic meters), Japan (X cubic meters), Spain (X cubic meters) and India (X cubic meters) - together made up X% of total imports.

The U.S. experienced a relatively flat trend pattern of wood-based panels imports. At the same time, India (+X%), China (+X%), Poland (+X%), France (+X%), Japan (+X%), South Korea (+X%), Italy (+X%), Germany (+X%), the Netherlands (+X%), the UK (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2018. While the share of Poland (+X p.p.), Germany (+X p.p.), China (+X p.p.), South Korea (+X p.p.) and India (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In the U.S., wood-based panels imports remained relatively stable over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the average wood-based panels import price amounted to $X per cubic meter, dropping by -X% against the previous year. Over the period under review, the wood-based panels import price continues to indicate a noticeable deduction. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. In that year, the average import prices for wood-based panels reached their peak level of $X per cubic meter. From 2012 to 2018, the growth in terms of the average import prices for wood-based panels remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per cubic meter), while China ($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 Japan, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform