Determining the price index of three products of fiberboard and paticleboard (wood-bagasse) between 2010-2019

Document Type : Research Paper

Authors

1 wood and paper department

2 university of tehran

10.22034/ijwp.2023.2007441.1620

Abstract

Wood composite products, encompassing various types of fiberboard, particleboard, and other wood composite panels, are relatively new compared to similar paper products. Despite their recent introduction, surveys indicate that they represent the country's largest consumers of wood raw materials. In recent years, due to wood resource limitations and the rapid demand for wood and wood products in the country, strategic planning to address these growing needs has become imperative. Examining and evaluating the price index of wooden products provides valuable insights into the economic status of this market. The price index in this market has exhibited inflationary trends in recent decades, highlighting the impact of these products. Based on the prevailing conditions, a suitable framework has been developed to regulate the pricing of wood programs and wood products. This preliminary research employs econometric models to investigate the relative price changes and the price index of three fiberboard products: fiberboard, particleboard from wood chips, and particleboard from bagasse. Subsequently, to eliminate inflation, the price changes of the three products are analyzed using the consumer index, producer index, and Laspeyres and Paasche methods. The results reveal an upward trend in the price index of wood composite products between 2011 and 2020. Furthermore, the relative price change over the ten-year period compared to the base year demonstrates an increase of 804%, 745%, and 711% for the relative price of fiberboard, particleboard, and bagasse particleboard, respectively. Additionally, after adjusting for general inflation based on Laspeyres' index and Paasche's index, the purchasing power for these three products increased by 694% and 763%, respectively, during the mentioned period.

Keywords

Main Subjects

References

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Iranian Journal of Wood and Paper Industries
Volume 14, Issue 3
December 2023
Pages 299-311

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