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Oriented Strand Board (OSB) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A23945
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Oriented Strand Board (OSB) Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Oriented Strand Board (OSB) | Others | USA | 848 USD/MT |
| Oriented Strand Board (OSB) | Others | China | 648 USD/MT |
In the fourth quarter of 2023, the price of oriented strand board (OSB) in USA reached 848 USD/MT by December. Similarly, in China, the OSB prices hit 648 USD/MT in the same month.
Oriented Strand Board (OSB) Price Trend, Market Analysis, and News
IMARC's latest publication, “Oriented Strand Board (OSB) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the oriented strand board (OSB) market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of oriented strand board (OSB) at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed oriented strand board (OSB) price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting oriented strand board (OSB) pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Oriented Strand Board (OSB) Market Analysis
The global oriented strand board (OSB) market size reached 35 Million CBM in 2023. By 2032, IMARC Group expects the market to reach 48.54 Million CBM, at a projected CAGR of 3.70% during 2023-2032.
- According to the 2023 World Population Data Sheet published by the Population Reference Bureau (PRB), the world population was over 8 billion, and it is expected to reach close to 9.8 billion by 2050. Rapid urbanization and the growing population are driving the need for new residential and commercial buildings. Oriented strand board (OSB) is preferred in the construction industry due to its affordability, strong structure, and adaptability. Its strength and durability make it widely used in wall, floor, and roof sheathing. The ability of the material to resist warping and delamination, even in humid conditions, enhances its attractiveness. The increasing number of construction projects around the world, particularly in developing countries, is catalyzing the demand for OSB. Furthermore, the rising popularity of pre-built and modular houses, commonly constructed with OSB for its strong structure and easy installation, is strengthening the market growth.
- Advancements like the development of moisture-resistant and flame-retardant OSB are broadening its potential uses, allowing for greater versatility in residential and commercial construction projects. Additionally, creating bigger OSB sheets minimizes the need for as many joints during construction, enhancing structural efficiency and lowering labor expenses.
- OSB is employed in the packaging sector to produce strong and long-lasting packaging options for carrying heavy and delicate items. Its ability to bear heavy loads and withstand impact make it perfect for containers, pallets, and protective wrapping.
- The collaboration among OSB manufacturers, construction firms, and technology providers promotes innovation and productivity in the manufacturing and utilization of OSB. Through cooperation, businesses can pool resources, knowledge, and technology to create top-quality OSB products that meet unique market demands. For example, in April 2024, LP Building Solutions and Lennar Corporation revealed a countrywide supply deal that broadened Lennar's utilization of LP's engineered wood materials, like OSB, acknowledged for their strength and effectiveness in household building. This collaboration sought to improve homeowners' access to high-quality, carbon-negative building materials. Furthermore, partnering with technology companies can result in improvements in manufacturing techniques, ultimately improving the quality and eco-friendliness of OSB. These collaborations improve product offerings and increase market reach and user base.
- With the rise of environmental concerns, the construction sector is emphasizing using sustainable building materials. OSB is recognized as an environment-friendly choice due to its production from rapidly growing trees, minimizing harm to mature forests. Utilizing wood leftovers and an effective production method also reduces waste.
- The growing demand for OSB in furniture production because it is cost-efficient and environment-friendly is positively influencing the market. OSB provides flexibility for creative design with easy cutting, shaping, and finishing capabilities.
Oriented Strand Board (OSB) News
The report covers the latest developments, updates, and trends impacting the price of oriented strand board (OSB), providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the oriented strand board (OSB) price trend.
Latest developments in the oriented strand board (OSB) industry:
- April 2024: Martco LLC revealed plans to invest $30 million to upgrade its Allen Parish facility, improving production of OSB for the housing sector. The expansion was expected to indirectly support nearly 600 additional jobs in Louisiana.
- June 2023: Kronospan revealed intentions to construct a cutting-edge OSB manufacturing facility worth $350 million in Oxford, Alabama. This expansion was intended to address the increasing need for OSB and improve the company's wood panel product options in the United States.
- June 2023: Huber Engineered Woods LLC (HEW) revealed intentions to build a new OSB plant in Noxubee County, Mississippi. The facility aimed to expand HEW’s production capacity for ZIP System and AdvanTech panels, creating over 150 new jobs and utilizing regional timber resources sustainably.
Product Description
Oriented strand board (OSB) is a panel created by pressing thin wood chips together with adhesives under high temperature and pressure to form an engineered wood product. It utilizes quickly expanding, renewable wood varieties, reducing the reliance on mature timber and encouraging sustainable forestry practices. It also possesses a consistent structure without knots or voids, guaranteeing reliable performance and convenient handling during building.
OSB has strong mechanical characteristics like shear strength and stiffness, which enhance the structural stability of buildings. It offers great durability against delamination and warping, even in humid conditions. It can be produced in extensive sheets, reducing the quantity of seams and enhancing the overall effectiveness of building projects. It is commonly utilized in both residential and commercial building projects for wall sheathing, roof decking, subflooring, and various other load-bearing purposes.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the oriented strand board (OSB) price trend.
Global Oriented Strand Board (OSB) Price
The report offers a holistic view of the global oriented strand board (OSB) pricing trends in the form of oriented strand board (OSB) price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of oriented strand board (OSB), enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed oriented strand board (OSB) demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Oriented Strand Board (OSB) Price
European oriented strand board (OSB) prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
Detailed price information for oriented strand board (OSB) can also be provided for an extensive list of European countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Oriented Strand Board (OSB) Price
The analysis of oriented strand board (OSB) prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.
Specific oriented strand board (OSB) historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Oriented Strand Board (OSB) Price
The report explores the oriented strand board (OSB) pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
Region-wise data and information on specific countries within these regions can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Oriented Strand Board (OSB) Price
The oriented strand board (OSB) pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This oriented strand board (OSB) price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Oriented Strand Board (OSB) Price
The analysis of oriented strand board (OSB) prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.
This comprehensive review can be extended to include specific countries within Latin America.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Oriented Strand Board (OSB) |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Oriented Strand Board (OSB) Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of oriented strand board (OSB) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
- The study examines factors affecting oriented strand board (OSB) price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The oriented strand board (OSB) price charts ensure our clients remain at the forefront of the industry.
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