Pakistan - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWood-Based Panels Price in Pakistan - 2023
Contents:
- Wood-Based Panels Price in Pakistan (CIF) - 2022
- Wood-Based Panels Price in Pakistan (FOB) - 2022
- Wood-Based Panels Imports in Pakistan
- Wood-Based Panels Exports in Pakistan
Wood-Based Panels Price in Pakistan (CIF) - 2022
In 2022, the average wood-based panels import price amounted to $972 per cubic meter, picking up by 24% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 76% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($1,901 per cubic meter), while the price for Poland ($336 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood-Based Panels Price in Pakistan (FOB) - 2022
In 2022, the average wood-based panels export price amounted to $297 per cubic meter, surging by 3.5% against the previous year. Over the period under review, the export price, however, saw a mild decrease. The pace of growth appeared the most rapid in 2016 an increase of 36%. As a result, the export price reached the peak level of $532 per cubic meter. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Afghanistan.
From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to -1.9% per year.
Wood-Based Panels Imports in Pakistan
For the third consecutive year, Pakistan recorded decline in purchases abroad of wood-based panels, which decreased by -37.9% to 27K cubic meters in 2022. Over the period under review, imports recorded a precipitous setback. Imports peaked at 131K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, wood-based panels imports declined significantly to $26M in 2022. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.6% against the previous year. Over the period under review, imports reached the maximum at $46M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Wood-Based Panels in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 18.8 | 14.1 | 14.9 | 13.0 | -11.6% |
China | 10.8 | 6.6 | 7.9 | 8.3 | -8.4% |
Thailand | 6.9 | 4.9 | 5.2 | 1.9 | -34.9% |
Turkey | 1.1 | 1.1 | 1.1 | 1.1 | 0.0% |
Sri Lanka | 6.4 | 3.9 | 2.9 | 0.7 | -52.2% |
Poland | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Others | 2.1 | 1.9 | 2.1 | 1.2 | -17.0% |
Total | 46.2 | 32.6 | 34.1 | 26.3 | -17.1% |
Top Suppliers of Wood-Based Panels to Pakistan in 2022:
- Malaysia (13.1K cubic meters)
- China (10.0K cubic meters)
- Thailand (1.0K cubic meters)
- Turkey (0.7K cubic meters)
- Poland (0.6K cubic meters)
- Sri Lanka (0.4K cubic meters)
Wood-Based Panels Exports in Pakistan
For the third consecutive year, Pakistan recorded decline in shipments abroad of wood-based panels, which decreased by -4.4% to 92K cubic meters in 2022. In general, exports showed a abrupt slump. Over the period under review, the exports reached the maximum at 135K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, wood-based panels exports dropped modestly to $27M in 2022. Overall, exports continue to indicate a deep reduction. Over the period under review, the exports reached the peak figure at $35M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Wood-Based Panels in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Afghanistan | 35.1 | 32.6 | 26.7 | 26.6 | -8.8% |
Others | 0.1 | 0.5 | 0.8 | 0.7 | 91.3% |
Total | 35.3 | 33.1 | 27.5 | 27.2 | -8.3% |
Top Export Markets for Wood-Based Panels from Pakistan in 2022:
- Afghanistan (89.7K cubic meters)
This report provides an in-depth analysis of the wood-based panels market in Pakistan. 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
- FCL 1648 - MDF/HDF
- FCL 1650 - Other fibreboard
- FCL 1697 - Particle board
- FCL 1606 - OSB
- FCL 1640 - Plywood
- FCL 1634 - Veneer sheets
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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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