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China - Hardboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHardboard Price in China - 2023
Contents:
- Hardboard Price in China (FOB) - 2023
- Hardboard Price in China (CIF) - 2022
- Hardboard Exports in China
- Hardboard Imports in China
Hardboard Price in China (FOB) - 2023
In June 2023, the average hardboard export price amounted to $647 per cubic meter, approximately reflecting the previous month. Over the period under review, the export price recorded a slight contraction. The pace of growth appeared the most rapid in May 2023 an increase of 13% m-o-m. Over the period under review, the average export prices reached the peak figure at $778 per cubic meter in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($865 per cubic meter), while the average price for exports to the United Arab Emirates ($289 per cubic meter) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Hardboard Price in China (CIF) - 2022
In 2022, the average hardboard import price amounted to $964 per cubic meter, increasing by 4.6% against the previous year. In general, the import price, however, showed a mild slump. The pace of growth appeared the most rapid in 2017 an increase of 59%. Over the period under review, average import prices hit record highs at $1,182 per cubic meter in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,733 per cubic meter), while the price for Thailand ($392 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Hardboard Exports in China
In 2022, exports of hardboard from China declined to 140K cubic meters, shrinking by -7.8% compared with the previous year. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 9.2% against the previous year. The exports peaked at 164K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, hardboard exports reached $99M in 2022. The total export value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
Export of Hardboard in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 13.9 | 17.8 | 28.6 | 41.3 | 43.8% |
Canada | 23.0 | 21.0 | 15.7 | 12.6 | -18.2% |
Australia | 8.0 | 8.8 | 9.3 | 9.9 | 7.4% |
Mongolia | 1.8 | 2.3 | 3.3 | 6.2 | 51.0% |
Nigeria | 2.1 | 3.2 | 4.1 | 4.0 | 24.0% |
Vietnam | 3.0 | 3.0 | 2.6 | 3.8 | 8.2% |
Chile | 4.7 | 2.6 | 6.1 | 2.4 | -20.1% |
South Africa | 1.9 | 1.6 | 2.2 | 1.6 | -5.6% |
Sudan | 3.1 | 1.7 | 2.0 | 0.3 | -54.1% |
Others | 30.0 | 18.5 | 21.5 | 16.7 | -17.7% |
Total | 91.6 | 80.4 | 95.4 | 98.7 | 2.5% |
Top Export Markets for Hardboard from China in 2022:
- United States (42.9K cubic meters)
- Mongolia (20.1K cubic meters)
- Canada (19.7K cubic meters)
- Australia (12.8K cubic meters)
- Nigeria (9.9K cubic meters)
- Vietnam (3.9K cubic meters)
- Chile (3.5K cubic meters)
- South Africa (2.2K cubic meters)
- Sudan (0.9K cubic meters)
Hardboard Imports in China
In 2022, the amount of hardboard imported into China declined modestly to 23K cubic meters, with a decrease of -3.7% compared with 2021 figures. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 76%. As a result, imports reached the peak of 24K cubic meters, and then contracted slightly in the following year.
In value terms, hardboard imports totaled $23M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Hardboard in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 9.3 | 7.0 | 9.6 | 6.4 | -11.7% |
Netherlands | 6.0 | 5.0 | 5.5 | 6.2 | 1.1% |
Thailand | 0.1 | 1.1 | 4.4 | 5.3 | 275.6% |
Austria | 0.6 | 1.0 | 0.8 | 1.1 | 22.4% |
Belgium | 0.4 | 0.3 | 0.2 | 1.1 | 40.1% |
United States | 0.4 | 0.3 | 0.6 | 1.0 | 35.7% |
Others | 1.3 | 0.5 | 1.3 | 1.5 | 4.9% |
Total | 18.1 | 15.2 | 22.4 | 22.6 | 7.7% |
Top Suppliers of Hardboard to China in 2022:
- Thailand (13.5K cubic meters)
- Germany (4.8K cubic meters)
- Netherlands (2.3K cubic meters)
- Belgium (0.8K cubic meters)
- United States (0.6K cubic meters)
- Austria (0.5K cubic meters)
This report provides an in-depth analysis of the hardboard market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1647 - Hardboard
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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