Global Oriented Strandboard (Osb) Market 2024

Oriented Strandboard (Osb) Market Size

The global oriented strandboard (OSB) market expanded notably to $X in 2023, picking up by X% against the previous year. In general, consumption saw a strong expansion. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the global market remained at a somewhat lower figure.

Oriented Strandboard (Osb) Production

In value terms, oriented strandboard (OSB) production expanded rapidly to $X in 2023 estimated in export price. Over the period under review, production posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, global production growth remained at a lower figure.

Oriented Strandboard (Osb) Exports

Exports

In 2023, overseas shipments of oriented strandboard (OSB) decreased by X% to X cubic meters, falling for the second year in a row after two years of growth. Overall, total exports indicated a pronounced expansion from 2012 to 2023: 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 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the global exports hit record highs at X cubic meters in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, oriented strandboard (OSB) exports shrank significantly to $X in 2023. Over the period under review, exports, however, showed resilient growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the global exports failed to regain momentum.

Exports by Country

Canada represented the largest exporting country with an export of around X cubic meters, which finished at X% of total exports. Latvia (X cubic meters) ranks second in terms of the total exports with a X% share, followed by Romania (X%) and Luxembourg (X%). Germany (X cubic meters), Russia (X cubic meters), the Czech Republic (X cubic meters), Belgium (X cubic meters), Ireland (X cubic meters), Poland (X cubic meters), Hungary (X cubic meters) and Brazil (X cubic meters) took a minor share of total exports.

Exports from Canada increased at an average annual rate of X% from 2012 to 2023. At the same time, Russia (X%), Hungary (X%), Brazil (X%), Luxembourg (X%), Latvia (X%), Belgium (X%), Ireland (X%) and Poland (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. Romania, the Czech Republic and Germany experienced a relatively flat trend pattern. Russia (X p.p.), Canada (X p.p.) and Hungary (X p.p.) significantly strengthened its position in terms of the global exports, while the Czech Republic, Romania and Germany saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest oriented strandboard (OSB) supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Latvia ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In Canada, oriented strandboard (OSB) exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Latvia (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the average oriented strandboard (OSB) export price amounted to $X per cubic meter, which is down by X% against the previous year. In general, export price indicated slight growth from 2012 to 2023: its price 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 2023 figures, oriented strandboard (OSB) export price decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2022 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Canada ($X per cubic meter), while Belgium ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other global leaders experienced more modest paces of growth.

Oriented Strandboard (Osb) Imports

Imports

In 2023, purchases abroad of oriented strandboard (OSB) decreased by X% to X cubic meters, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated prominent growth from 2012 to 2023: 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 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X cubic meters. From 2022 to 2023, the growth of global imports remained at a somewhat lower figure.

In value terms, oriented strandboard (OSB) imports fell sharply to $X in 2023. In general, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of global imports remained at a lower figure.

Imports by Country

The United States was the main importer of oriented strandboard (OSB) in the world, with the volume of imports amounting to X cubic meters, which was near X% of total imports in 2023. It was distantly followed by the Netherlands (X cubic meters), France (X cubic meters), Belgium (X cubic meters) and Germany (X cubic meters), together comprising a X% share of total imports. The following importers - the UK (X cubic meters), Poland (X cubic meters), China (X cubic meters), Italy (X cubic meters) and the Czech Republic (X cubic meters) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to oriented strandboard (OSB) imports into the United States stood at X%. At the same time, the Netherlands (X%), France (X%), the Czech Republic (X%), the UK (X%), Belgium (X%), China (X%), Poland (X%), Italy (X%) and Germany (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. The Netherlands (X p.p.), the United States (X p.p.), France (X p.p.), Belgium (X p.p.) and the UK (X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported oriented strandboard (OSB) worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the United States totaled X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and the UK (X% per year).

Import Prices by Country

In 2023, the average oriented strandboard (OSB) import price amounted to $X per cubic meter, dropping by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2022, and then reduced markedly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per cubic meter), while Belgium ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform