Wood-Based Panels Market Overview in Kazakhstan
In value terms, wood-based panels production contracted modestly to $ in 2018 estimated in export prices. In general, production saw a abrupt shrinkage. The pace of growth was the most pronounced in 2011 when the production volume increased by % year-to-year. As a result, production attained the peak level of $. From 2012 to 2018, production growth failed to regain the momentum.
The revenue of the wood-based panels market in Kazakhstan expanded rapidly to $ in 2018, increasing by % against 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, saw a slight descent. The pace of growth appeared the most rapid in 2011 when the market value increased by % y-o-y. Over the period under review, the market attained the maximum level at $ in 2012; however, from 2013 to 2018, consumption failed to regain the momentum.
From 2007 to 2018, the average annual rate of growth in terms of the volume of consumption of plywood totaled +%. With regard to the other consumed products, the following average annual rates of growth were recorded: particle boards (-% per year) and fibreboard (+% per year).
In value terms, the most traded types of wood-based panels in Kazakhstan were particle boards ($), fibreboard ($) and plywood ($), with a combined % share of the total market.
Among the main consumed products, fibreboard recorded the highest growth rate of market size, over the period under review, while wood-based panels market for the other products experienced mixed trend patterns.