Market research

Fibreboard market in Canada

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The Canadian fibreboard market volume increased from 1 199 thousand cubic meters in 2018 to 1 320 thousand in 2019, reflecting initial growth. It then contracted to 1 112 thousand in 2020 but rebounded to 1 216 thousand in 2021.

A sharp decline followed, with the market shrinking to 955 thousand cubic meters in 2022 and 793 thousand in 2023. This downturn aligned with the global fibreboard market reaching a consumption peak in 2022 and entering a phase of reduced demand from 2023 onward.

By 2024, the industry landscape showed evolving trends, including Unilin Group's €20 million investment in industrial recycling of MDF and HDF panels and Century Plyboards' capacity expansion in India, highlighting a move toward circular economy and growing Asian production.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Canada
  1. 5.1.1. Annual dynamics of production in Canada in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Canada in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K m³
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K m³
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's imports to Canada in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Canada by countries, 2018-2024, K m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Canada in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Canada by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Canada, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Canada by countries, 2018-2024, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's imports to Canada in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Canada by countries, 2018-2024, K m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Canada in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Canada by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Canada, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Canada by countries, 2018-2024, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's exports from Canada in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Canada by countries, 2018-2024, K m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Canada in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Canada by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Canada, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Canada by countries, 2018-2024, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's exports from Canada in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Canada by countries, 2018-2024, K m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Canada in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Canada by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Canada, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Canada by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K m³
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production fibreboard in Canada

In kind, 2017-2020, K m³

From 2017 to 2020, Canada ranked 14th globally in fibreboard production volume.

Top producers of fibreboard, 2017-2020

Source: SHEV.io

World map of production of fibreboard, 2017-2020

Source: SHEV.io

After two years of growth, fibreboard production in Canada declined. In 2020, Canada produced 1 290 K m³ of fibreboard, a 15.4% decrease from the previous year. Over the 2017-2020 period, production increased by 5%, with a compound annual growth rate of 1.6%. The highest production level was recorded in 2019 at 1 524 K m³, which also saw the largest annual increase of 15.3%.

Annual dynamics of production in Canada in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.5%	15.3%	(15.4%)	1.6%

Source: SHEV.io

Exports fibreboard from Canada

Exports in kind, K m³

Canada's fibreboard exports declined for the third consecutive year. In 2020, the country exported 832 K m³ of fibreboard, representing a 5.6% year-over-year decrease. Over the 2017-2020 period, exports fell by 32.1%, with a compound annual decline rate of 12.1%.

Annual dynamics of product's exports from Canada in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(26.6%)	(2.0%)	(5.6%)	(12.1%)

Source: SHEV.io

During 2017-2020, the United States remained the overwhelmingly dominant buyer of Canadian fibreboard, accounting for 97.9% of total exports by volume.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Canada in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

Fibreboard exports from Canada declined for the second consecutive year. In 2020, exports reached 336.7 million US dollars, a modest 2.2% decrease compared to 2019. Over the 2017-2020 period, exports increased by 7.5%, with a compound annual growth rate of 2.4%. The peak value was recorded in 2018 at 349.9 million US dollars, which also saw the largest annual increase of 11.7%.

Annual dynamics of product's exports from Canada in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.7%	(1.7%)	(2.2%)	2.4%

Source: SHEV.io

Throughout 2017-2020, the United States dominated Canada's fibreboard export structure in value terms, representing 96.9% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Canada in value, 2017-2020

Source: SHEV.io

Imports fibreboard to Canada

Imports in kind, K m³

Canada's fibreboard imports declined for the third consecutive year. In 2020, imports amounted to 654 K m³, marking a 3.4% year-over-year decrease. Over the 2017-2020 period, imports fell by 58.3%, with a compound annual decline rate of 25.3%.

Annual dynamics of product's imports to Canada in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(50.5%)	(12.7%)	(3.4%)	(25.3%)

Source: SHEV.io

From 2017 to 2020, the United States (33.9% of import volume), Germany (20.2%), and China (18.9%) continued to lead as Canada's primary fibreboard suppliers, collectively accounting for 72.9% of total imports by volume.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Canada in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

Fibreboard imports to Canada declined for the third consecutive year. In 2020, imports stood at 347.5 million US dollars, indicating a modest 2.9% year-over-year decrease. Between 2017 and 2020, imports decreased by 18.6%, equating to an annualized decline rate of 6.6%.

Annual dynamics of product's imports to Canada in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.9%)	(12.8%)	(2.9%)	(6.6%)

Source: SHEV.io

During 2017-2020, the United States (34.2% of import value), Germany (19.2%), and China (18.5%) remained Canada's principal fibreboard suppliers, jointly accounting for 71.9% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Canada in value, 2017-2020

Source: SHEV.io