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China - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina: Insulating Board Market 2024
Insulating Board Market Size in China
In 2022, the Chinese insulating board market decreased by -10.4% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a moderate increase. Insulating board consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.
Insulating Board Production in China
In value terms, insulating board production totaled $X in 2022 estimated in export price. In general, production, however, posted a modest increase. The growth pace was the most rapid in 2013 with an increase of 266% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.
Insulating Board Exports
Exports from China
In 2022, shipments abroad of insulating board decreased by -19.5% to X cubic meters, falling for the third year in a row after two years of growth. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2016 when exports increased by 470%. As a result, the exports reached the peak of X cubic meters. From 2017 to 2022, the growth of the exports failed to regain momentum.
In value terms, insulating board exports surged to $X in 2022. In general, exports showed a pronounced setback. The pace of growth appeared the most rapid in 2016 with an increase of 549%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
Australia (X cubic meters), Nigeria (X cubic meters) and Japan (X cubic meters) were the main destinations of insulating board exports from China, together comprising 59% of total exports. The United Arab Emirates, the United States, Vietnam, Oman, Canada, the Dominican Republic, the Philippines, Saudi Arabia and Indonesia lagged somewhat behind, together accounting for a further 31%.
From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +42.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Japan ($X) remains the key foreign market for insulating board exports from China, comprising 25% of total exports. The second position in the ranking was taken by Nigeria ($X), with an 8.8% share of total exports. It was followed by Canada, with an 8.2% share.
From 2012 to 2022, the average annual growth rate of value to Japan amounted to +38.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+2.3% per year) and Canada (+17.1% per year).
Export Prices by Country
In 2022, the average insulating board export price amounted to $X per cubic meter, increasing by 69% against the previous year. In general, the export price enjoyed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to the Dominican Republic ($X per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.
Insulating Board Imports
Imports into China
In 2022, approx. X cubic meters of insulating board were imported into China; shrinking by -89.1% compared with the previous year's figure. Overall, imports showed a dramatic downturn. The growth pace was the most rapid in 2014 with an increase of 52% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.
In value terms, insulating board imports contracted notably to $X in 2022. Over the period under review, imports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 77%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2022, New Zealand (X cubic meters) constituted the largest insulating board supplier to China, with a 58% share of total imports. Moreover, insulating board imports from New Zealand exceeded the figures recorded by the second-largest supplier, Japan (X cubic meters), fourfold. Germany (X cubic meters) ranked third in terms of total imports with a 9.6% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from New Zealand amounted to -22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+51.9% per year) and Germany (+3.1% per year).
In value terms, the largest insulating board suppliers to China were New Zealand ($X), Germany ($X) and Japan ($X), together comprising 75% of total imports. France, India, Poland and Estonia lagged somewhat behind, together comprising a further 23%.
Among the main suppliers, France, with a CAGR of +52.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average insulating board import price amounted to $X per cubic meter, jumping by 41% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, insulating board import price increased by +72.4% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per cubic meter), while the price for India ($X per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the insulating board 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 1650 - Other fibreboard
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
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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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