Particle board of wood market in Central Asia

Earlier Report Observations

The particle board market in Central Asia expanded significantly in 2019, reaching 3.95 million m³. This growth was facilitated by rising production in Russia and the initiation of new manufacturing investment projects, which increased the supply available for export to the region.

From 2020 to 2022, the market contracted to 1.87 million m³. The initial drop in 2020 was linked to COVID-19 supply chain disruptions, while the continued decline in 2021-2022 reflected Russian producers' greater focus on their domestic market and the effects of international sanctions on export logistics.

A partial recovery occurred in 2023, with the market rising to 2.21 million m³. This was driven by a 10.7% increase in Russian particle board output and producers' plans to operate at full capacity. Regulatory developments, such as new professional standards and extended permit validity in Russia, also signaled ongoing industry adaptation.

Production particle board of wood in Central Asia

In kind, 2017-2020, K m³

Top producers of particle board of wood, 2017-2020

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

The market exhibited significant volatility during the observed period. Production reached its lowest point in 2017, then peaked in 2018 with a 2-fold increase between these years. In 2020, Central Asia produced 370.1 thousand cubic meters of particle board, marking a sharp 27.2% increase compared to 2019. The highest production volume was recorded in 2018 at 411.9 thousand cubic meters. The most substantial decline occurred in 2019 with a 29.3% drop, while the largest increase was in 2018 with a 99.1% surge.

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

In value, 2017-2020, K $ US

The market demonstrated notable volatility throughout the period. Production hit its lowest point in 2017 and peaked in 2018, with a 2.1-fold difference between these years. In 2020, the output of particle board in Central Asia was valued at 69 572 thousand US dollars, representing a significant 34.8% increase from 2019. The maximum value was achieved in 2018 at 85 920 thousand US dollars. The most pronounced decline occurred in 2019 with a 39.9% decrease, while the largest increase was recorded in 2018 with a 114.1% rise.

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

Exports particle board of wood from Central Asia

Exports in kind, K m³

Market behavior was characterized by volatility during these years. Exports reached their lowest point in 2020 and peaked in 2019, showing a 2.1-fold difference between these periods. In 2020, Central Asia exported 15 thousand cubic meters of particle board, reflecting a 53.2% decrease compared to 2019. The maximum export volume was recorded in 2019 at 31 thousand cubic meters. The largest increase occurred in 2019 with an 84.6% growth.

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

Between 2017 and 2020, Russia accounted for the main share of particle board exports from Central Asia in volume terms, representing 2.1% of total export flows.

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

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

Exports in value, M $ US

Following two years of growth, Central Asia's particle board exports declined. In 2020, exports amounted to 2.7 million US dollars, corresponding to a sharp 50.4% decrease compared to 2019. Over the 2017-2020 period, exports decreased by 5.3%, with a compound annual growth rate of 1.8%. The maximum value was recorded in 2019 at 5.5 million US dollars. The largest increase occurred in 2019 with a 56.9% rise.

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

From 2017 to 2020, Russia maintained the leading position among buyers of particle board from Central Asia in value terms, accounting for 3.0% of total export flows.

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

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

Imports particle board of wood to Central Asia

Imports in kind, K m³

After two years of growth, particle board imports to Central Asia declined. In 2020, Central Asia imported 1 195 thousand cubic meters of particle board, reflecting a 20.0% reduction compared to the previous year. Over the 2017-2020 period, imports increased by 33%, with a compound annual growth rate of 10.0%. The maximum import volume was recorded in 2019 at 1 495 thousand cubic meters. The largest increase occurred in 2019 with a 40.8% rise.

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

Between 2017 and 2020, Russia served as the nearly exclusive supplier of particle board to Central Asia in volume terms, accounting for 92.1% of total imports.

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

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

Imports in value, M $ US

In 2020, the value of particle board imports to Central Asia stood at 182.0 million US dollars, down by 19.4% from 2019. Over the 2017-2020 period, imports increased by 11.4%, with a compound annual growth rate of 3.7%. The maximum value was recorded in 2019 at 225.9 million US dollars. The largest increase occurred in 2018 with a 38.2% rise.

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

Throughout 2017-2020, imports of particle board to Central Asia in value terms were almost entirely tied to Russia, whose share amounted to 91.9% of total import flows.

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

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