China - Veneer Sheets And Sheets For Plywood And Other Wood Sawn Lengthwise - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingVeneer Sheet Price in China Slumps 10% to $612 per Thousand Square Meters
China Veneer Sheet Export Price in December 2022
In December 2022, the veneer sheet price stood at $612 per thousand square meters (FOB, China), falling by -10.3% against the previous month. Over the period from January 2022 to December 2022, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in February 2022 an increase of 21% m-o-m. The export price peaked at $683 per thousand square meters in November 2022, and then declined in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($860 per thousand square meters), while the average price for exports to the Philippines ($247 per thousand square meters) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
China Veneer Sheet Exports
In December 2022, overseas shipments of veneer sheets and sheets for plywood and other wood sawn lengthwise were finally on the rise to reach 82M square meters for the first time since July 2022, thus ending a four-month declining trend. In general, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in March 2022 with an increase of 73% m-o-m. The exports peaked at 166M square meters in January 2022; however, from February 2022 to December 2022, the exports remained at a lower figure.
In value terms, veneer sheet exports expanded significantly to $50M (IndexBox estimates) in December 2022. Overall, exports, however, continue to indicate a perceptible decrease. The pace of growth was the most pronounced in March 2022 when exports increased by 74% m-o-m. Over the period under review, the exports hit record highs at 79M square meters in January 2022; however, from February 2022 to December 2022, the exports failed to regain momentum.
Join Us at HANNOVER MESSE 2024
Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany
China Veneer Sheet Exports by Country
Vietnam (18M square meters), Cambodia (13M square meters) and India (11M square meters) were the main destinations of veneer sheet exports from China, together comprising 50% of total exports. the Philippines, Indonesia, Egypt, South Korea, Malaysia, Taiwan (Chinese), Thailand and Pakistan lagged somewhat behind, together accounting for a further 39%.
From January 2022 to December 2022, the biggest increases were in Egypt (with a CAGR of +1.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Vietnam ($13M) remains the key foreign market for veneer sheet exports from China, comprising 26% of total exports. The second position in the ranking was held by India ($4.9M), with a 9.8% share of total exports. It was followed by Cambodia, with a 9.3% share.
From January 2022 to December 2022, the average monthly rate of growth in terms of value to Vietnam stood at -6.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: India (-0.1% per month) and Cambodia (-9.1% per month).
Factors Behind the Drop in Veneer Sheet Prices
Experts attribute the latest slump to declining demand from the domestic construction industry, which has been hit hard by a recent economic slowdown.
According to industry insiders, the market has been sluggish in recent months, with many producers struggling to find buyers for their products. As a result, many have had to reduce their production levels, which has put further pressure on prices. However, analysts remain optimistic that the industry will rebound in the long run, as demand for veneer sheets is expected to pick up in the coming years.
Despite the recent price drop, China remains a key player in the global veneer sheet market. The country produces a large quantity of high-quality veneer sheets, and many buyers continue to look to China for their supply. Industry experts believe that this trend is unlikely to change anytime soon, as China's veneer sheet producers have established a reputation for producing top-quality products at competitive prices.
Overall, while the recent price drop is certainly causing concern for some in the industry, experts believe that the long-term outlook remains positive. As the Chinese economy continues to recover and demand for veneer sheets picks up, it is likely that prices will stabilize and even begin to rise once again.
This report provides an in-depth analysis of the veneer sheet market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16212113 - Veneer sheets, sheets for plywood and other wood sawn lengthwise, sliced/peeled, thickness . 6 mm and end-jointed, p laned/sanded/small boards for the manufacture of pencils
- Prodcom 16212118 - Coniferous and tropical wood veneer sheets and sheets for plywood, sawn lengthwise, sliced or peeled, of a thickness . 6 mm excluding end-jointed, planed or sanded
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
