India - Hardboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

India - Hardboard - Market Analysis, Forecast, Size, Trends and Insights

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Hardboard Price in India - 2023

Contents:

  1. Hardboard Price in India (CIF) - 2023
  2. Hardboard Price in India (FOB) - 2023
  3. Hardboard Imports in India
  4. Hardboard Exports in India

Hardboard Price in India (CIF) - 2023

In July 2023, the average hardboard import price amounted to $497 per cubic meter, dropping by -3.9% against the previous month. In general, the import price saw a noticeable decline. The most prominent rate of growth was recorded in June 2023 an increase of 15% month-to-month. Over the period under review, average import prices hit record highs at $693 per cubic meter in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($995 per cubic meter), while the price for Italy ($337 per cubic meter) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the prices for the other major suppliers experienced a decline.

Hardboard Price in India (FOB) - 2023

The average hardboard export price stood at $707 per cubic meter in July 2023, waning by -68.5% against the previous month. Over the period under review, the export price saw a mild shrinkage. The most prominent rate of growth was recorded in June 2023 an increase of 61% m-o-m. As a result, the export price attained the peak level of $2,247 per cubic meter, and then fell notably in the following month.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the United States ($6,991 per cubic meter), while the average price for exports to South Africa ($320 per cubic meter) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hardboard Imports in India

Hardboard imports into India fell notably to 37K cubic meters in 2022, which is down by -46.4% against 2021. Over the period under review, imports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 25%. Imports peaked at 95K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, hardboard imports fell sharply to $23M in 2022. In general, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. Over the period under review, imports attained the maximum at $52M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Hardboard in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia6.14.47.26.31.1%
Thailand8.33.03.95.2-14.4%
China5.73.65.75.1-3.6%
Vietnam0.20.30.41.386.6%
Germany2.71.11.01.3-21.6%
Slovenia0.50.30.30.817.0%
Italy0.20.40.40.751.8%
Sri Lanka0.70.20.30.2-34.1%
Others28.115.522.72.4-56.0%
Total52.528.742.023.3-23.7%

Top Suppliers of Hardboard to India in 2022:

  1. Thailand (10.7K cubic meters)
  2. Malaysia (9.6K cubic meters)
  3. China (6.6K cubic meters)
  4. Vietnam (2.6K cubic meters)
  5. Italy (1.7K cubic meters)
  6. Germany (1.4K cubic meters)
  7. Slovenia (1.0K cubic meters)
  8. Sri Lanka (0.4K cubic meters)

Hardboard Exports in India

In 2022, approx. 5.1K cubic meters of hardboard were exported from India; waning by -57.2% on the previous year's figure. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 127%. As a result, the exports attained the peak of 12K cubic meters, and then dropped rapidly in the following year.

In value terms, hardboard exports contracted rapidly to $4.7M in 2022. Overall, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. As a result, the exports attained the peak of $9.9M, and then shrank dramatically in the following year.

Export of Hardboard in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,4699531,2511,339-3.0%
Nepal31136653442511.0%
South Africa538424486417-8.1%
Qatar27.513.834.9326128.0%
Saudi Arabia12.920.5128247167.5%
Somalia13726528624020.5%
Malaysia678811615228-30.5%
United Arab Emirates1571812011926.9%
Fiji53.875.684.516445.0%
Haiti11220.138886.5-8.3%
AlgeriaN/A53.116783.625.5%
Estonia1.20.1N/A65.1278.6%
Tanzania28111.73.919.2-59.1%
Others5,5793,8585,716851-46.6%
Total9,3577,0529,8934,682-20.6%

Top Export Markets for Hardboard from India in 2022:

  1. South Africa (1247.0 cubic meters)
  2. Malaysia (671.0 cubic meters)
  3. Somalia (651.0 cubic meters)
  4. Nepal (352.0 cubic meters)
  5. United Arab Emirates (300.0 cubic meters)
  6. United States (248.0 cubic meters)
  7. Haiti (247.0 cubic meters)
  8. Fiji (239.0 cubic meters)
  9. Algeria (189.0 cubic meters)
  10. Qatar (188.0 cubic meters)
  11. Saudi Arabia (130.0 cubic meters)
  12. Estonia (111.0 cubic meters)
  13. Tanzania (24.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hardboard market in India. 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

Country coverage:

  • India

Data coverage:

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