Hardboard Market Overview in China
In value terms, hardboard production expanded to $ in 2019 estimated in export prices. Overall, production posted strong growth. The pace of growth appeared the most rapid in 2009 with an increase of % year-to-year. Over the period under review, production attained the peak level at $ in 2013; however, from 2014 to 2019, production stood at a somewhat lower figure.
The revenue of the hardboard market in China totaled $ in 2019, surging 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 posted prominent growth. The pace of growth appeared the most rapid in 2009 when the market value increased by % year-to-year. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to 2019, consumption remained at a lower figure.