Market research

OSB market in Malaysia

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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Earlier Report Observations

Between 2018 and 2019, the OSB market volume in Malaysia increased from 25.2 thousand cubic meters to 31.1 thousand cubic meters. This growth was supported by industry investments in modern automated production lines, which enhanced efficiency, and a strategic focus on developing value-added products such as fire-retardant and moisture-resistant boards to meet specific construction needs. In 2020, the market contracted to 25.8 thousand cubic meters as the COVID-19 pandemic caused widespread disruptions to construction activity and manufacturing supply chains.

The market rebounded sharply to 39.1 thousand cubic meters in 2021, driven by the recovery of the construction sector following the rollout of COVID-19 vaccines. After stabilizing around 38.9 thousand cubic meters in 2022, the market expanded again significantly to 59.7 thousand cubic meters in 2023, sustained by ongoing demand from both the construction and furniture industries.

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, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Malaysia
  1. 5.1.1. Annual dynamics of production in Malaysia in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Malaysia 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, m³
    1. 6.1.2.1. Annual dynamics of product's imports to Malaysia in kind, 2018-2025, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Malaysia by countries, 2018-2025, m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Malaysia in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Malaysia by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  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 Malaysia, 2018-2025, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Malaysia by countries, 2018-2025, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, m³
    1. 6.2.2.1. Annual dynamics of product's imports to Malaysia in kind, 2018-2025, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Malaysia by countries, 2018-2025, m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Malaysia in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Malaysia by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  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 Malaysia, 2018-2025, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Malaysia by countries, 2018-2025, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, m³
    1. 7.1.2.1. Annual dynamics of product's exports from Malaysia in kind, 2018-2025, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Malaysia by countries, 2018-2025, m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Malaysia in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Malaysia by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  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 Malaysia, 2018-2025, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Malaysia by countries, 2018-2025, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, m³
    1. 7.2.2.1. Annual dynamics of product's exports from Malaysia in kind, 2018-2025, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Malaysia by countries, 2018-2025, m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Malaysia in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Malaysia by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  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 Malaysia, 2018-2025, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Malaysia by countries, 2018-2025, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, m³
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
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 Malaysia

In kind, 2018-2021, K m³

Between 2018 and 2021, Malaysia ranked as the 20th largest producer of OSB globally.

Top producers of OSB, 2018-2021

Source: SHEV.io

World map of production of OSB, 2018-2021

Source: SHEV.io

In 2021, Malaysia produced 100.0 K m³ of OSB, unchanged from 2020. The most significant change occurred in 2019, with both the largest decline and increase recorded at 0.0%.

Annual dynamics of production in Malaysia in kind, 2018-2021, K m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

In value, 2018-2021, K $ US

Malaysia's OSB production increased for the second consecutive year. In 2021, the output was valued at 24 469 K $ US, up 15.9% from the previous year. From 2018 to 2021, production grew by 3.4%, averaging an annualized rate of 1.1%. The lowest value was in 2019 at 19 047 K $ US, which also saw the largest decline of 19.5%.

Annual dynamics of production in Malaysia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(19.5%)	10.8%	15.9%	1.1%

Source: SHEV.io

Exports OSB from Malaysia

Exports in kind, m³

In 2021, Malaysia exported 67 356 m³ of OSB, a sharp decline of 10.7% compared to 2020. Over the 2018-2021 period, exports fell by 15.4%, with a compound annual growth rate (CAGR) of -5.4%. The largest decrease was in 2019 at 12.6%, while the biggest increase occurred in 2020 at 8.3%.

Annual dynamics of product's exports from Malaysia in kind, 2018-2021, m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	(12.6%)	8.3%	(10.7%)	(5.4%)

Source: SHEV.io

From 2018 to 2021, South Korea (30.7% of exports in volume), Vietnam (25.0%), and China (19.4%) formed the main cluster of markets for Malaysia's OSB exports, together accounting for 75.1% of total flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Malaysia in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Malaysia's OSB export value increased for the second year in a row. In 2021, exports reached 16 482 K $ US, a 3.5% year-over-year improvement. However, over the 2018-2021 period, exports decreased by 12.5%, with a CAGR of -4.4%. The lowest value was recorded in 2019 at 13 260 K $ US, which also experienced the largest decline of 29.6%. The biggest increase was in 2020 at 20.0%.

Annual dynamics of product's exports from Malaysia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(29.6%)	20.0%	3.5%	(4.4%)

Source: SHEV.io

Between 2018 and 2021, three key markets—South Korea, Vietnam, and China—collectively represented 76.2% of Malaysia's total OSB export value.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Malaysia in value, 2018-2021

Source: SHEV.io

Imports OSB to Malaysia

Imports in kind, m³

The market exhibited volatility during the observed period. In 2021, Malaysia imported approximately 6 479 m³ of OSB, a steep increase of 411.8% year-over-year. The lowest volume was in 2019 at 761 m³, which also saw the largest decline of 84.1%. Overall, imports varied 8.5-fold between the peak in 2021 and the trough in 2019.

Annual dynamics of product's imports to Malaysia in kind, 2018-2021, m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	(84.1%)	66.4%	411.8%	10.6%

Source: SHEV.io

From 2018 to 2021, Thailand dominated Malaysia's OSB imports in volume, accounting for 74.4% of total flows, with other markets making up a fragmented remainder.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Malaysia in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Market performance showed noticeable fluctuations during this period. In 2021, foreign OSB supplies to Malaysia amounted to 1 142 K $ US, reflecting a steep gain of 277.3% compared to 2020. The lowest value was in 2020 at 303 K $ US, while the largest decline occurred in 2019 at 61.7%. Imports peaked in 2021 and hit a low in 2020, with a top-to-bottom ratio of 3.8 times.

Annual dynamics of product's imports to Malaysia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(61.7%)	(26.8%)	277.3%	1.9%

Source: SHEV.io

Between 2018 and 2021, Thailand (52.7% of import value), Asia, not elsewhere specified (23.6%), and Romania (8.5%) were the principal suppliers of OSB to Malaysia, jointly accounting for 84.7% of total imports in value terms.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Malaysia in value, 2018-2021

Source: SHEV.io