Thailand - Hardboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHardboard Price in Thailand - 2023
Contents:
- Hardboard Price in Thailand (FOB) - 2023
- Hardboard Price in Thailand (CIF) - 2023
- Hardboard Exports in Thailand
- Hardboard Imports in Thailand
Hardboard Price in Thailand (FOB) - 2023
The average hardboard export price stood at $393 per cubic meter in July 2023, which is down by -4.9% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 17% against the previous month. As a result, the export price attained the peak level of $446 per cubic meter. From December 2022 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Australia ($587 per cubic meter), while the average price for exports to the United States ($332 per cubic meter) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Hardboard Price in Thailand (CIF) - 2023
The average hardboard import price stood at $643 per cubic meter in July 2023, increasing by 10% against the previous month. In general, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in September 2022 an increase of 24% against the previous month. As a result, import price reached the peak level of $909 per cubic meter. From October 2022 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($1,216 per cubic meter), while the price for Indonesia ($487 per cubic meter) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+0.3%), while the prices for the other major suppliers experienced a decline.
Hardboard Exports in Thailand
In 2022, after three years of growth, there was significant decline in overseas shipments of hardboard, when their volume decreased by -6% to 154K cubic meters. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 51%. The exports peaked at 164K cubic meters in 2021, and then contracted in the following year.
In value terms, hardboard exports fell to $62M in 2022. The total export value increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. As a result, the exports reached the peak of $66M, and then shrank in the following year.
Export of Hardboard in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.6 | 1.4 | 4.7 | 4.8 | 100.0% |
India | 3.9 | 2.8 | 3.4 | 4.2 | 2.5% |
Australia | 0.9 | 1.2 | 3.9 | 3.0 | 49.4% |
Nigeria | 4.1 | 3.9 | 3.3 | 2.1 | -20.0% |
Liberia | 1.0 | 2.1 | 2.1 | 1.6 | 17.0% |
Guinea | 0.5 | 1.4 | 0.7 | 1.6 | 47.4% |
Vietnam | 1.3 | 1.5 | 2.0 | 1.4 | 2.5% |
Sierra Leone | 1.0 | 1.7 | 1.5 | 1.4 | 11.9% |
United Arab Emirates | N/A | 0.1 | 0.5 | 1.3 | 260.6% |
Fiji | 0.7 | 0.8 | 0.6 | 1.1 | 16.3% |
Tanzania | 1.1 | 1.3 | 0.8 | 1.0 | -3.1% |
Indonesia | 0.6 | 0.6 | 1.1 | 0.8 | 10.1% |
Sri Lanka | 1.2 | 1.1 | 1.3 | 0.8 | -12.6% |
Others | 31.7 | 33.6 | 40.5 | 37.4 | 5.7% |
Total | 48.6 | 53.7 | 66.5 | 62.5 | 8.7% |
Top Export Markets for Hardboard from Thailand in 2022:
- China (13.6K cubic meters)
- India (11.7K cubic meters)
- Nigeria (5.4K cubic meters)
- Australia (4.5K cubic meters)
- Liberia (4.0K cubic meters)
- Guinea (3.9K cubic meters)
- Sierra Leone (3.3K cubic meters)
- Fiji (3.2K cubic meters)
- United Arab Emirates (2.8K cubic meters)
- Vietnam (2.7K cubic meters)
- Tanzania (2.6K cubic meters)
- Sri Lanka (2.1K cubic meters)
- Indonesia (1.9K cubic meters)
Hardboard Imports in Thailand
For the third year in a row, Thailand recorded decline in purchases abroad of hardboard, which decreased by -31.5% to 12K cubic meters in 2022. Overall, imports faced a abrupt decline. The smallest decline of -6.9% was in 2021. Over the period under review, imports reached the maximum at 20K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, hardboard imports fell remarkably to $8.7M in 2022. Over the period under review, imports continue to indicate a deep downturn. The smallest decline of -5% was in 2021. Over the period under review, imports attained the maximum at $13M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Hardboard in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 2,586 | 1,948 | 2,008 | 1,631 | -14.2% |
Indonesia | 584 | 1,022 | 1,315 | 1,139 | 24.9% |
China | 2,167 | 1,605 | 1,233 | 1,000 | -22.7% |
Germany | 697 | 658 | 475 | 334 | -21.7% |
Turkey | N/A | 72.3 | 130 | 195 | 64.2% |
New Zealand | 203 | 94.9 | 73.0 | N/A | -40.0% |
Others | 7,189 | 5,943 | 5,540 | 4,411 | -15.0% |
Total | 13,427 | 11,343 | 10,774 | 8,710 | -13.4% |
Top Suppliers of Hardboard to Thailand in 2022:
- Indonesia (2.0K cubic meters)
- Malaysia (1.8K cubic meters)
- China (1.4K cubic meters)
- Germany (0.3K cubic meters)
- Turkey (0.2K cubic meters)
This report provides an in-depth analysis of the hardboard market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
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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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Global hardboard production continues to indicate a measured setback.
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