Market research

Particle board of wood market in Asia

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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"Asia" region includes following countries:

China

Hong Kong

Japan

North Korea

South Korea

Macao

Mongolia

Afghanistan

Bangladesh

Bhutan

Sri Lanka

India

Iran

Maldives

Nepal

Pakistan

Brunei Darussalam

Myanmar

Cambodia

Indonesia

Laos

Malaysia

the Philippines

Timor-Leste

Singapore

Vietnam

Thailand

Kazakhstan

Kyrgyzstan

Tajikistan

Turkmenistan

Uzbekistan

Azerbaijan

Armenia

Bahrain

Cyprus

Georgia

Palestine

Iraq

Israel

Jordan

Kuwait

Lebanon

Oman

Qatar

Saudi Arabia

Syria

Turkey

the United Arab Emirates

Yemen

Earlier Report Observations

Production of particle board in Asia demonstrated substantial growth from 2018 to 2023, rising from 41 535 thousand m³ to 58 136 thousand m³. The expansion continued despite a minor contraction in 2020, with output accelerating notably after 2021.

The market volume, available from 2020 onward, increased from 46 848 thousand m³ to 61 029 thousand m³ by 2023. This growth coincided with a marked reduction in imports, which fell from 7 322 thousand m³ to 4 445 thousand m³ over the same period, reflecting a greater reliance on domestic manufacturing.

Preliminary 2024 trade data indicates a rebound in imports to 6 588 thousand m³ and a rise in exports to 3 663 thousand m³. Final production and market size figures for the year are pending.

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, 2020-2024
    3. 4.1.1.3. Exports, 2020-2024
    4. 4.1.1.4. Market size, 2020-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Asia
  1. 5.1.1. Annual dynamics of production in Asia 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. 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 China in kind, 2020-2024, K m³
    2. 6.1.2.2. Dynamics of product's imports in kind to China by countries, 2020-2024, K m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2020-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to China in value, 2020-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to China by countries, 2020-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2020-2024
  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 China, 2020-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to China by countries, 2020-2024, $ 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 China in kind, 2020-2024, K m³
    2. 6.2.2.2. Dynamics of product's imports in kind to China by countries, 2020-2024, K m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2020-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to China in value, 2020-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to China by countries, 2020-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2020-2024
  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 China, 2020-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to China by countries, 2020-2024, $ 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 China in kind, 2020-2024, K m³
    2. 7.1.2.2. Dynamics of product's exports in kind from China by countries, 2020-2024, K m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2020-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from China in value, 2020-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from China by countries, 2020-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2020-2024
  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 China, 2020-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from China by countries, 2020-2024, $ 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 China in kind, 2020-2024, K m³
    2. 7.2.2.2. Dynamics of product's exports in kind from China by countries, 2020-2024, K m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2020-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from China in value, 2020-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from China by countries, 2020-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2020-2024
  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 China, 2020-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from China by countries, 2020-2024, $ 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, 2020-2024
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 particle board of wood in Asia

In kind, 2017-2020, K m³

Top producers of particle board of wood, 2017-2020

Source: SHEV.io

World map of production of particle board of wood, 2017-2020

Source: SHEV.io

Asia's particle board of wood production volume declined after two years of growth. In 2020, production reached 41 347 K m³, marking a 2.7% decrease from the previous year. Over the 2017-2020 period, production increased by 4.9%, with an average annual growth rate of 1.6%. The highest production level was recorded in 2019 at 42 482 K m³, while the largest year-over-year increase occurred in 2018 at 5.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.3%	2.3%	(2.7%)	1.6%

Source: SHEV.io

Exports particle board of wood from Asia

Exports in kind, K m³

Asia's cross-border shipments of particle board of wood increased for the third consecutive year. In 2020, export volume reached 1 795 K m³, representing a substantial 222.1% increase compared to the previous year. Between 2017 and 2020, exports grew by 358.8%, with an average annual growth rate of 66.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	40.0%	1.7%	222.1%	66.2%

Source: SHEV.io

The structure of Asia's particle board of wood exports in physical terms from 2017 to 2020 was diversified, with no single country holding a clearly dominant position. Asia, not elsewhere specified (6.1% of exports), Algeria (1.7%), and Albania (1.4%) together accounted for just 9.3% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

Asia's particle board of wood exports in value terms showed noticeable fluctuations during the period. The minimum value was recorded in 2019 at 353.5 million US dollars, while the maximum occurred in 2018 at 716.0 million US dollars, representing a two-fold difference between these years. In 2020, exports reached 637.7 million US dollars, reflecting a significant 80.4% increase from the previous year. The largest decline was recorded in 2019 at 50.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.1%	(50.6%)	80.4%	(2.2%)

Source: SHEV.io

The structure of Asia's particle board of wood exports in value terms from 2017 to 2020 points to a diversified set of trading partners. Asia, not elsewhere specified (7.1% of exports), Algeria (2.4%), and Albania (1.8%) together accounted for only 11.3% of total flows, while the remaining 88.7% was distributed among numerous smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports particle board of wood to Asia

Imports in kind, K m³

Asia's imports of particle board of wood increased for the third consecutive year. In 2020, imports amounted to 8 156 K m³, reflecting a sharp 75.2% increase compared to the previous year. Between 2017 and 2020, imports grew by 549.6%, equating to an average annual growth rate of 86.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	236.2%	10.3%	75.2%	86.6%

Source: SHEV.io

From 2017 to 2020, Russia (25.6% of imports), Belarus (25.2%), and Romania (3.6%) formed the key group of partners for Asia's particle board of wood imports in physical terms, jointly representing 54.4% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

Asia's imports of particle board of wood in value terms declined for the second consecutive year. In 2020, imports amounted to 953.6 million US dollars, representing a 5.6% decrease from the previous year. Over the 2017-2020 period, imports decreased by 3.7%, with an average annual decline of 1.3%. The maximum value was recorded in 2018 at 1 065.6 million US dollars, while the largest increase occurred in 2018 at 7.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.6%	(5.2%)	(5.6%)	(1.3%)

Source: SHEV.io

From 2017 to 2020, the partner structure for Asia's particle board of wood imports in value terms was balanced rather than concentrated. Russia (21.6% of imports), Romania (6.6%), and Austria (5.6%) together represented 33.8% of total flows, with many other countries accounting for the remaining 66.2%.

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

Source: SHEV.io

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

Source: SHEV.io