Fibreboard market in Oceania

Earlier Report Observations

Between 2018 and 2023, the fibreboard market volume in Oceania declined from 1 151 thousand m³ to 987 thousand m³. The most pronounced contraction occurred in 2020, when the market size fell to 861 thousand m³, followed by a rebound to 993 thousand m³ in 2021. The market then stabilized around 950–990 thousand m³ in the subsequent years.

The reduction in market volume was accompanied by a decrease in domestic production, which fell from 1 385 thousand m³ in 2018 to 1 204 thousand m³ in 2023. High export volumes, peaking at 585 thousand m³ in 2022, diverted supply away from the domestic market. A sharp drop in exports to 456 thousand m³ in 2023 contributed to a modest increase in domestic market volume that year.

In value terms, the market also contracted from 503.2 million USD in 2018 to 413.2 million USD in 2023. Fluctuations in market value, such as the rise to 426.5 million USD in 2022 despite lower volume, indicate shifts in average prices or product mix within the fibreboard sector.

Production fibreboard in Oceania

In kind, 2017-2020, K m³

Top producers of fibreboard, 2017-2020

World map of production of fibreboard, 2017-2020

Fibreboard production in Oceania has declined for the second year in a row. In 2020, the region produced 1 211 K m³ of fibreboard, marking a 9.3% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 11.6%, with an average annual decline of 4.0%. The highest production level was recorded in 2018 at 1 385 K m³, which also saw the largest increase of 1.0%.

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

In value, 2017-2020, M $ US

The value of fibreboard production in Oceania has dropped for the second consecutive year. In 2020, output was valued at 378.0 M $ US, representing a significant 24.4% decline from 2019. Over the 2017-2020 period, production value decreased by 18.5%, with an average annual reduction of 6.6%. The peak value occurred in 2018 at 579.7 M $ US, which also experienced the largest increase of 24.9%.

Annual dynamics of production in Oceania in value, 2017-2020, M $ US

Exports fibreboard from Oceania

Exports in kind, K m³

Oceania's fibreboard export volumes have increased for the second year running. In 2020, exports reached 569.8 K m³, showing a moderate 4.9% growth compared to 2019. However, over the 2017-2020 period, exports overall decreased by 8.1%, with an average annual decline of 2.8%. The lowest export volume was recorded in 2018 at 524.5 K m³, which also saw the largest drop of 15.4%.

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

From 2017 to 2020, Japan, China, and Vietnam were the primary destinations for Oceania's fibreboard exports by volume. Japan accounted for 48.9% of exports, China for 11.4%, and Vietnam for 9.3%. Together, these three countries represented 69.6% of total fibreboard exports from Oceania during this period.

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

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

Exports in value, M $ US

The value of fibreboard exports from Oceania has declined for the second consecutive year. In 2020, exports amounted to 177.8 M $ US, down 12.6% from the previous year. Over the 2017-2020 period, export value decreased by 15.3%, with an average annual decline of 5.4%. The highest value was recorded in 2018 at 219.5 M $ US, which also experienced the largest increase of 4.6%.

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

From 2017 to 2020, Japan, China, and the United States remained the main buyers of fibreboard from Oceania by value. Japan accounted for 51.1% of export value, China for 10.3%, and the United States for 9.2%. Collectively, these three markets formed 70.6% of Oceania's total fibreboard export value during this period.

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

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

Imports fibreboard to Oceania

Imports in kind, K m³

Fibreboard imports into Oceania have decreased for the second year in a row. In 2020, imports stood at 210.8 K m³, reflecting a substantial 11.3% decline compared to 2019. Over the 2017-2020 period, import volumes fell by 20.3%, with an average annual reduction of 7.3%. The highest import volume was recorded in 2018 at 290.7 K m³, which saw the largest increase of 9.9%. The most significant decline occurred in 2019 with an 18.2% drop.

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

From 2017 to 2020, China, Malaysia, and Belgium consistently served as the main sources of fibreboard imports into Oceania by volume. China accounted for 39.3% of imports, Malaysia for 12.8%, and Belgium for 10.2%. Together, these three countries supplied 62.3% of Oceania's total fibreboard imports during this period.

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

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

Imports in value, M $ US

The value of fibreboard imports into Oceania has declined for the second consecutive year. In 2020, imports were valued at approximately 116.3 M $ US, representing a 3.6% decrease from the previous year. Over the 2017-2020 period, import value fell by 7.1%, with an average annual decline of 2.4%. The peak value was recorded in 2018 at 143.0 M $ US, which saw the largest increase of 14.3%. The most significant drop occurred in 2019 with a 15.7% decline.

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

From 2017 to 2020, China, Belgium, and Malaysia continued to be the primary suppliers of fibreboard to Oceania by value. China accounted for 37.6% of import value, Belgium for 14.5%, and Malaysia for 11.9%. Collectively, these three countries formed 64.0% of Oceania's total fibreboard import value during this period.

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

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