Sri Lanka - Fiber Board Of Wood Or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Sri Lanka - Fiber Board Of Wood Or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights

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Fiberboard Price in Sri Lanka - 2021

Contents:

  1. Fiberboard Price in Sri Lanka (CIF) - 2022
  2. Fiberboard Price in Sri Lanka (FOB) - 2022
  3. Fiberboard Imports in Sri Lanka
  4. Fiberboard Exports in Sri Lanka

Fiberboard Price in Sri Lanka (CIF) - 2022

In 2022, the average fiberboard import price amounted to $98 per cubic meter, with an increase of 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. Over the period under review, average import prices reached the peak figure at $104 per cubic meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Turkey ($184 per cubic meter), while the price for Vietnam ($80 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Fiberboard Price in Sri Lanka (FOB) - 2022

The average fiberboard export price stood at $56 per cubic meter in 2022, picking up by 10% against the previous year. Overall, the export price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of 13%. Over the period under review, the average export prices reached the maximum at $75 per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($78 per cubic meter), while the average price for exports to Pakistan amounted to $35 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.9%), while the prices for the other major destinations experienced a decline.

Fiberboard Imports in Sri Lanka

In 2022, approx. 79K cubic meters of fiber board of wood or other ligneous materials were imported into Sri Lanka; reducing by -61% compared with 2021. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, imports reached the peak of 203K cubic meters, and then shrank significantly in the following year.

In value terms, fiberboard imports declined sharply to $7.7M in 2022. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 82%. As a result, imports attained the peak of $15M, and then fell significantly in the following year.

Import of Fiberboard in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.01.93.42.0-12.6%
Malaysia3.32.52.71.8-18.3%
India2.11.42.01.6-8.7%
Thailand1.61.31.51.4-4.4%
Turkey0.10.10.30.344.2%
Vietnam0.10.80.20.226.0%
Others0.50.35.10.4-7.2%
Total10.88.315.27.7-10.7%

Top Suppliers of Fiberboard to Sri Lanka in 2022:

  1. Malaysia (20.4K cubic meters)
  2. India (19.3K cubic meters)
  3. China (19.1K cubic meters)
  4. Thailand (14.9K cubic meters)
  5. Vietnam (2.0K cubic meters)
  6. Turkey (1.6K cubic meters)

Fiberboard Exports in Sri Lanka

In 2022, the amount of fiber board of wood or other ligneous materials exported from Sri Lanka declined sharply to 31K cubic meters, dropping by -66.6% compared with the year before. In general, exports saw a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 0.4% against the previous year. Over the period under review, the exports hit record highs at 154K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, fiberboard exports contracted sharply to $1.7M in 2022. Over the period under review, exports continue to indicate a sharp setback. The smallest decline of -17% was in 2021. Over the period under review, the exports hit record highs at $9.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Fiberboard in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.71.52.01.1-25.9%
Pakistan6.03.72.70.6-53.6%
Others0.60.50.1N/A-59.2%
Total9.35.74.71.7-43.2%

Top Export Markets for Fiberboard from Sri Lanka in 2022:

  1. Pakistan (16.6K cubic meters)
  2. India (14.5K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fiberboard market in Sri Lanka. 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 16211423 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness not exceeding 5 mm
  • Prodcom 16211426 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 5 mm but not exceeding 9 mm
  • Prodcom 16211429 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 9 mm
  • Prodcom 16211443 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,8 g/cm.
  • Prodcom 16211446 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,5 g/cm. but not exceeding 0,8 g/cm.
  • Prodcom 16211449 - Fibreboard of wood or other ligneous materials (excluding medium density fibreboard [MDF]), whether or not bonded with resins or other organic substances, of a density not exceeding 0,5 g/cm.

Country coverage:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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