Hardboard Market Overview in Australia
In value terms, hardboard production totaled $ in 2019 estimated in export prices. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of % y-o-y. Hardboard production peaked at $ in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.
The size of the hardboard market in Australia totaled $ in 2019, leveling off at 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). Overall, the total consumption indicated a perceptible expansion from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2017 indices. The most prominent rate of growth was recorded in 2011 with an increase of % y-o-y. Over the period under review, the market reached the maximum level at $ in 2014; however, from 2015 to 2019, consumption remained at a lower figure.