World - Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBoards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders Market
The article discusses the global market trends for boards, blocks, and similar articles of vegetable fibre combined with mineral binders. It outlines projections indicating an anticipated growth in market consumption and value over the period from 2022 to 2030, with an expected increase in market volume to 19,409B square meters and market value to $60.4B by 2030. Key insights include consumption patterns, production trends, import and export statistics, and the leading countries in terms of market size and growth rates.
Market Forecast
Driven by increasing demand for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +3.5% for the period from 2022 to 2030, which is projected to bring the market volume to 19,409B square meters by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +10.2% for the period from 2022 to 2030, which is projected to bring the market value to $60.4B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders
After two years of decline, consumption of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by 7% to 14,691B square meters in 2022. In general, consumption posted a buoyant expansion. Global consumption peaked at 18,928B square meters in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.
The value of the market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders worldwide surged to $27.7B in 2022, growing by 37% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted buoyant growth. Over the period under review, the global market attained the maximum level at $63.9B in 2019; however, from 2020 to 2022, consumption remained at a lower figure.
Consumption By Country
China (3,171B square meters) constituted the country with the largest volume of consumption of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, comprising approx. 22% of total volume. Moreover, consumption of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in China exceeded the figures recorded by the second-largest consumer, the United States (1,463B square meters), twofold. The third position in this ranking was taken by India (1,196B square meters), with an 8.1% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to +4.7%. The remaining consuming countries recorded the following average annual rates of consumption growth: the United States (+7.0% per year) and India (+6.4% per year).
In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders markets worldwide were the United States ($11.5B), Turkey ($6.7B) and China ($2.4B), with a combined 74% share of the global market. India, Indonesia, Japan, Spain, Pakistan, Russia, the UK, Saudi Arabia, Mexico and France lagged somewhat behind, together comprising a further 16%.
Among the main consuming countries, Saudi Arabia, with a CAGR of +16.7%, recorded the highest rates of growth with regard to market size over the period under review, while binders for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders per capita consumption in 2022 were Turkey (9.3 thousand square meters per person), Saudi Arabia (8.3 thousand square meters per person) and Spain (6.3 thousand square meters per person).
From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +14.6%), while binders for the other global leaders experienced more modest paces of growth.
Production
World Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders
In 2022, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders was finally on the rise to reach 14,629B square meters after two years of decline. Overall, production recorded a resilient expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by 32%. Over the period under review, global production of attained the peak volume at 18,895B square meters in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.
In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders reached $34B in 2022 estimated in export price. In general, production enjoyed resilient growth. The pace of growth was the most pronounced in 2016 with an increase of 45% against the previous year. Global production peaked in 2022 and is expected to retain growth in the immediate term.
Production By Country
China (3,301B square meters) remains the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders producing country worldwide, comprising approx. 23% of total volume. Moreover, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in China exceeded the figures recorded by the second-largest producer, the United States (1,445B square meters), twofold. India (1,193B square meters) ranked third in terms of total production with an 8.2% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to +3.8%. The remaining producing countries recorded the following average annual rates of production growth: the United States (+6.9% per year) and India (+6.3% per year).
Imports
World Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders
In 2022, approx. 870B square meters of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders were imported worldwide; picking up by 3.4% compared with 2021. The total import volume increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 22% against the previous year. As a result, imports attained the peak of 906B square meters. From 2020 to 2022, the growth of global imports of remained at a somewhat lower figure.
In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $499M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 17% against the previous year. Over the period under review, global imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
Imports By Country
In 2022, Myanmar (132B square meters), followed by Spain (76B square meters), Germany (54B square meters), Australia (41B square meters) and Austria (39B square meters) were the largest importers of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, together committing 39% of total imports. Russia (32B square meters), France (29B square meters), the Netherlands (28B square meters), Denmark (25B square meters), Italy (22B square meters), the UK (21B square meters), the United States (19B square meters) and the Czech Republic (18B square meters) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Myanmar (with a CAGR of +43.8%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders importing markets worldwide were Germany ($42M), Australia ($33M) and Spain ($32M), with a combined 21% share of global imports. The United States, Austria, Denmark, the UK, Myanmar, France, the Netherlands, Russia, Italy and the Czech Republic lagged somewhat behind, together comprising a further 30%.
Myanmar, with a CAGR of +18.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $0.6 per thousand square meters in 2022, surging by 6.8% against the previous year. Over the period under review, the import price, however, showed a mild slump. The pace of growth appeared the most rapid in 2016 an increase of 11% against the previous year. Over the period under review, average import prices reached the peak figure at $0.7 per thousand square meters in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($1.1 per thousand square meters), while Myanmar ($0.1 per thousand square meters) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.9%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders
In 2022, approx. 807B square meters of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders were exported worldwide; which is down by -4.2% on 2021. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 11%. As a result, the exports attained the peak of 963B square meters. From 2019 to 2022, the growth of the global exports of remained at a somewhat lower figure.
In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders skyrocketed to $614M in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 24%. Over the period under review, the global exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
Exports By Country
China (134B square meters) and France (109B square meters) represented roughly 30% of total exports in 2022. The Czech Republic (69B square meters) ranks next in terms of the total exports with an 8.5% share, followed by Germany (8.1%), Russia (6.5%), Hungary (6.2%), Belarus (6.1%), Spain (5.9%) and Japan (4.9%). The following exporters - Austria (27B square meters), Denmark (19B square meters), Italy (19B square meters) and Belgium (14B square meters) - together made up 9.8% of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belarus (with a CAGR of +51.2%), while the other global leaders experienced more modest paces of growth.
In value terms, China ($192M) remains the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplier worldwide, comprising 31% of global exports. The second position in the ranking was taken by Austria ($34M), with a 5.6% share of global exports. It was followed by Germany, with a 5.5% share.
From 2012 to 2022, the average annual growth rate of value in China totaled +6.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Austria (+1.3% per year) and Germany (-6.3% per year).
Export Prices By Country
In 2022, the average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $0.8 per thousand square meters, growing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. 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 origin: amid the top suppliers, the country with the highest price was China ($1.4 per thousand square meters), while France ($0.2 per thousand square meters) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.7%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders. 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:
- Prodcom 23651100 - Panels, boards, tiles, blocks and similar articles of vegetable fibre, of straw or of shavings, chips, particles, sawdust or other waste of wood, agglomerated with cement, plaster or other mineral binders
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
- CONSUMPTION BY COUNTRY
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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