Market research

OSB market in ASEAN

OSB market in ASEAN

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"ASEAN" region includes following countries:

Brunei Darussalam
Vietnam
Indonesia
Cambodia
Laos
Malaysia
Myanmar
Singapore
Thailand
the Philippines

Earlier Report Observations

The oriented strand board (OSB) market in ASEAN showed considerable volatility from 2018 to 2023. Market size nearly doubled in 2019 to 57.0 million US dollars, then stabilized in 2020. A sharp contraction followed in 2021, reducing the market to 33.2 million US dollars, before a recovery phase brought it to 44.9 million US dollars by 2023.

These fluctuations corresponded with shifts in trade. Imports peaked at 42.8 million US dollars in 2019 before declining, while exports varied significantly, with a notable increase in 2021. Domestic production grew steadily from 24.0 million US dollars in 2018 to 47.6 million US dollars in 2023, providing a base for market resilience.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In value
        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. 5. Production
    1. 5.1. Production in ASEAN
      1. 5.1.1. Annual dynamics of production in ASEAN in kind, 2018-2023, K m³
    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. 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 Brunei Darussalam in kind, 2018-2024, K m³
        2. 6.1.2.2. Dynamics of product's imports in kind to Brunei Darussalam 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, K $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Brunei Darussalam in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Brunei Darussalam by countries, 2018-2024, K $ 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 Brunei Darussalam, 2018-2024, $ US/m³
        2. 6.1.4.2. Dynamics of average price of product's imports to Brunei Darussalam 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 Brunei Darussalam in kind, 2018-2024, K m³
        2. 6.2.2.2. Dynamics of product's imports in kind to Brunei Darussalam 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, K $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Brunei Darussalam in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Brunei Darussalam by countries, 2018-2024, K $ 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 Brunei Darussalam, 2018-2024, $ US/m³
        2. 6.2.4.2. Dynamics of average price of product's imports to Brunei Darussalam by countries, 2018-2024, $ US/m³
  7. 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 Brunei Darussalam in kind, 2018-2024, K m³
        2. 7.1.2.2. Dynamics of product's exports in kind from Brunei Darussalam 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, K $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Brunei Darussalam in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Brunei Darussalam by countries, 2018-2024, K $ 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 Brunei Darussalam, 2018-2024, $ US/m³
        2. 7.1.4.2. Dynamics of average price of product's exports from Brunei Darussalam 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 Brunei Darussalam in kind, 2018-2024, K m³
        2. 7.2.2.2. Dynamics of product's exports in kind from Brunei Darussalam 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, K $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Brunei Darussalam in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Brunei Darussalam by countries, 2018-2024, K $ 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 Brunei Darussalam, 2018-2024, $ US/m³
        2. 7.2.4.2. Dynamics of average price of product's exports from Brunei Darussalam by countries, 2018-2024, $ US/m³
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, K m³
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, K m³
      2. 8.2.2. In value, K $ US
  9. 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 OSB in ASEAN

In kind, 2017-2020, K m³

Top producers of OSB, 2017-2020

Source: SHEV.io

World map of production of OSB, 2017-2020

Source: SHEV.io

Market performance showed noticeable fluctuations during this period. The lowest production volume was recorded in 2017, while the highest was observed in 2020, representing a peak-to-trough ratio of 2.5 times. In 2020, ASEAN produced 172.0 K m³ of OSB, marking a significant 72.0% increase compared to the previous year. The largest decline occurred in 2019, with a 0.0% change.

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

Parameter201820192020CAGR
1Change from last year42.9%-72.0%34.9%
Source: SHEV.io

In value, 2017-2020, K $ US

OSB production in ASEAN increased for the third consecutive year. In 2020, the output was valued at 33 946 K $ US, up by 23.5% from 2019. Over the period from 2017 to 2020, production grew by 116.9%, with a compound annual growth rate (CAGR) of 29.5%.

Annual dynamics of production in ASEAN in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year53.3%14.6%23.5%29.5%
Source: SHEV.io

Exports OSB from ASEAN

Exports in kind, K m³

The data reveals irregular changes, indicating a volatile market environment. Exports bottomed in 2017 and peaked in 2020, with a two-fold difference between these years. In 2020, OSB exports from ASEAN stood at 91.6 K m³, which is 89.0% higher than the previous year. The largest decline was recorded in 2019, at 38.9%.

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

Parameter201820192020CAGR
1Change from last year69.5%(38.9%)89.0%25.1%
Source: SHEV.io

From 2017 to 2020, the main destinations for OSB exports from ASEAN in kind were South Korea (36.6% of exports), China (18.7% of exports), and Peru (6.7% of exports). Together, these three countries accounted for 62.0% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Market performance showed noticeable fluctuations during this period. Exports in value terms reached their lowest point in 2017 and hit their maximum in 2018, with a gap of 1.8 times between these years. In 2020, ASEAN's OSB export volume came to 18 077 K $ US, which is 35.7% above the previous year. The maximum value was recorded in 2018 at 19 026 K $ US. The largest decline occurred in 2019, at 30.0%, while the largest increase was in 2018, at 81.9%.

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

Parameter201820192020CAGR
1Change from last year81.9%(30.0%)35.7%20.0%
Source: SHEV.io

From 2017 to 2020, South Korea (36.9% of exports in value terms), China (17.0% of exports in value terms), and Peru (5.6% of exports in value terms) consistently remained the main destinations for OSB exports from ASEAN in value terms. Together, they accounted for 59.5% 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 ASEAN in value, 2017-2020

Source: SHEV.io

Imports OSB to ASEAN

Imports in kind, K m³

After a two-year rise, ASEAN's volume of OSB imports declined. In 2020, imports amounted to 142.5 K m³, reflecting a solid decline of 17.2% year-over-year. Over the period from 2017 to 2020, imports increased by 85.2%, with a compound annual growth rate (CAGR) of 22.8%. The maximum value was recorded in 2019 at 172.0 K m³, and the largest increase occurred in 2019, at 61.4%.

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

Parameter201820192020CAGR
1Change from last year38.6%61.4%(17.2%)22.8%
Source: SHEV.io

Over the period from 2017 to 2020, the primary suppliers of OSB to ASEAN in kind were Canada (43.2% of imports), the United States (26.5% of imports), and China (7.3% of imports). Together, these three countries accounted for 76.9% of total imports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Imports in value terms bottomed in 2017 and peaked in 2019, with a 2.3-fold difference between these years. In 2020, ASEAN imported approximately 42 120 K $ US of OSB, equivalent to a slight decline of 1.6% year-over-year. The maximum value was recorded in 2019 at 42 825 K $ US, and the largest increase occurred in 2018, at 72.2%.

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

Parameter201820192020CAGR
1Change from last year72.2%35.0%(1.6%)31.7%
Source: SHEV.io

Throughout the period from 2017 to 2020, Canada (43.2% of imports in value terms), the United States (26.2% of imports in value terms), and China (6.3% of imports in value terms) formed the core group of markets for OSB imports to ASEAN in value terms. Together, they represented 75.7% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

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