In 2023, the United States led the global market for particle board of wood imports with a significant share of 23.06% in US dollars. Germany and Poland followed at 9.75% and 4.82%, respectively. The United Kingdom and Italy occupied the next top spots with 3.76% and 3.73%, respectively. Notable positive year-on-year variations included South Korea (4.19%), China (4.16%), and Philippines (4.62%), while Chile (-6.32%) and Nigeria (-20.91%) showed considerable declines. Over a five-year period, the compound annual growth rate indicated a consistent increase in imports for countries like Peru, Malaysia, and Mongolia.
Future trends to watch for include the sustained growth in Asian markets, particularly China and South Korea, reflecting rising demand in the region. Continued economic instability in countries like Nigeria might further influence fluctuations in their import shares. Sustainable and eco-friendly practices are expected to shape market dynamics, driving changes in demand patterns and sourcing strategies globally.
Top countries in Import of Particle Board of Wood Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 23.06 | 2023 | +2.6% | +2.13% | View data |
| 2 | 2 Germany | 9.75 | 2023 | +1.76% | +1.22% | View data |
| 3 | 3 Poland | 4.82 | 2023 | +3.35% | -0.2% | View data |
| 4 | 4 United Kingdom | 3.76 | 2023 | +1.88% | +1.18% | View data |
| 5 | 5 Italy | 3.73 | 2023 | +2.88% | +2.38% | View data |
| 6 | 6 South Korea | 3.32 | 2023 | +3.4% | +4.19% | View data |
| 7 | 7 France | 3.18 | 2023 | +0.98% | +1% | View data |
| 8 | 8 China | 3.12 | 2023 | +3.83% | +4.16% | View data |
| 9 | 9 Netherlands | 2.36 | 2023 | +0.71% | +0.27% | View data |
| 10 | 10 Czech Republic | 2.33 | 2023 | +3.28% | +4.19% | View data |
