Particle Board Market Overview in the European Union
In value terms, particle board production contracted slightly to $ in estimated in export prices. In general, production saw a pronounced downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by % year-to-year. The level of production peaked at $ in 2007; however, from 2008 to , production remained at a lower figure.
The countries with the highest volumes of particle board production in were Germany ( cubic meters), Poland ( cubic meters) and France ( cubic meters), with a combined % share of total production. Romania, Italy, Austria, Spain, Belgium, Latvia, the Czech Republic, Bulgaria, Lithuania and Portugal lagged somewhat behind, together comprising a further %.
From 2007 to , the biggest increases were in Latvia, while particle board production for the other leaders experienced more modest paces of growth.
The size of the particle board market in the European Union declined to $ in , almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a slight decrease. The growth pace was the most rapid in 2018 when the market value increased by % y-o-y. The level of consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
From 2007 to , the most notable rate of growth in terms of particle board consumption, amongst the leading consuming countries, was attained by Lithuania, while particle board consumption for the other leaders experienced more modest paces of growth.
In value terms, Germany ($), Italy ($) and Poland ($) constituted the countries with the highest levels of market value in , with a combined % share of the total market. These countries were followed by France, Spain, Romania, Lithuania, Belgium, the Netherlands, Sweden, Austria, Bulgaria and Denmark, which together accounted for a further %.
In terms of the main consuming countries, Lithuania recorded the highest growth rate of market size, over the period under review, while particle board market for the other leaders experienced more modest paces of growth.
In , the highest levels of particle board per capita consumption was registered in Lithuania ( cubic meters per persons), followed by Poland ( cubic meters per persons), Bulgaria ( cubic meters per persons) and Denmark ( cubic meters per persons), while the world average per capita consumption of particle board was estimated at cubic meters per persons.
From 2007 to , the average annual rate of growth in terms of the particle board per capita consumption in Lithuania amounted to +%. In the other countries, the average annual rates were as follows: Poland (+% per year) and Bulgaria (+% per year).