Fibreboard Market Overview in Japan
In value terms, fibreboard production shrank rapidly to $ in 2019 estimated in export prices. Over the period under review, production, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of % against the previous year. Japan production peaked at $ in 2009; however, from 2010 to 2019, production failed to regain the momentum.
The size of the fibreboard market in Japan reached $ in 2019, approximately equating 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). In general, consumption, however, showed a mild downturn. The pace of growth was the most pronounced in 2012 with an increase of % y-o-y. Over the period under review, the market attained the peak level at $ in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.
From 2007 to 2019, the average annual rate of growth in terms of the volume of consumption of mdf was relatively modest. For the other products, the average annual rates were as follows: insulating board (-% per year) and hardboard (-% per year).
In value terms, mdf ($) led the market, alone. The second position in the ranking was occupied by insulating board ($).
For mdf, market remained relatively stable over the period from 2007-2019. With regard to the other consumed products, the following average annual rates of growth were recorded: insulating board (-% per year) and hardboard (-% per year).