India - Plywood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlywood Price in India - 2023
Contents:
- Plywood Price in India (CIF) - 2023
- Plywood Price in India (FOB) - 2022
- Plywood Imports in India
- Plywood Exports in India
Plywood Price in India (CIF) - 2023
In July 2023, the average plywood import price amounted to $67.7 per cubic meter, surging by 9.9% against the previous month. Overall, the import price, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in May 2023 an increase of 190% m-o-m. Over the period under review, average import prices attained the peak figure at $175 per cubic meter in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($107 per cubic meter), while the price for Nepal totaled $22.7 per cubic meter.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Nepal (+0.0%).
Plywood Price in India (FOB) - 2022
In 2022, the average plywood export price amounted to $416 per cubic meter, which is down by -8% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by 23%. As a result, the export price attained the peak level of $915 per cubic meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bhutan ($830 per cubic meter), while the average price for exports to the United Arab Emirates ($301 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bhutan (-0.3%), while the prices for the other major destinations experienced a decline.
Plywood Imports in India
In 2022, purchases abroad of plywood was finally on the rise to reach 145K cubic meters for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a noticeable setback. Over the period under review, imports attained the peak figure at 156K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, plywood imports surged to $125M in 2022. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Plywood in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 32.6 | 18.5 | 31.7 | 34.7 | 2.1% |
| China | 28.9 | 24.4 | 24.9 | 29.4 | 0.6% |
| Nepal | 0.1 | 0.1 | 0.3 | 15.2 | 433.7% |
| Malaysia | 14.5 | 6.0 | 6.5 | 11.1 | -8.5% |
| Russia | 9.4 | 3.8 | 7.2 | 9.3 | -0.4% |
| Myanmar | 5.2 | 17.2 | 19.8 | 8.3 | 16.9% |
| Vietnam | 7.5 | 4.2 | 6.4 | 7.6 | 0.4% |
| United Arab Emirates | 2.3 | N/A | 0.5 | 2.4 | 1.4% |
| Others | 7.9 | 4.6 | 4.3 | 7.2 | -3.0% |
| Total | 108 | 78.9 | 102 | 125 | 5.0% |
Top Suppliers of Plywood to India in 2022:
- China (45.0K cubic meters)
- Indonesia (28.7K cubic meters)
- Nepal (16.2K cubic meters)
- Myanmar (11.9K cubic meters)
- Russia (11.7K cubic meters)
- Malaysia (10.6K cubic meters)
- Vietnam (8.1K cubic meters)
- United Arab Emirates (3.7K cubic meters)
Plywood Exports in India
In 2022, the amount of plywood exported from India skyrocketed to 186K cubic meters, increasing by 31% against the year before. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 141% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, plywood exports surged to $78M in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 95% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Plywood in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.2 | 4.0 | 10.0 | 18.0 | 51.3% |
| Saudi Arabia | 4.1 | 3.9 | 4.5 | 6.8 | 18.4% |
| Bhutan | 0.5 | 1.8 | 4.2 | 6.7 | 137.5% |
| Nepal | 6.4 | 6.2 | 13.7 | 6.7 | 1.5% |
| Oman | 0.7 | 0.9 | 1.2 | 5.1 | 93.9% |
| United States | 1.8 | 1.7 | 4.6 | 5.0 | 40.6% |
| Iraq | 0.2 | 0.5 | 2.8 | 2.9 | 143.8% |
| Thailand | 1.4 | 1.8 | 2.0 | 2.8 | 26.0% |
| Bahrain | 1.3 | 1.2 | 2.0 | 1.9 | 13.5% |
| Egypt | 1.3 | 1.0 | 1.7 | 1.9 | 13.5% |
| Bangladesh | 0.3 | 0.4 | 0.7 | 1.3 | 63.0% |
| Mexico | 0.7 | 0.7 | 0.9 | 1.0 | 12.6% |
| Others | 9.6 | 8.7 | 15.8 | 17.4 | 21.9% |
| Total | 33.5 | 33.0 | 64.1 | 77.5 | 32.3% |
Top Export Markets for Plywood from India in 2022:
- United Arab Emirates (59.9K cubic meters)
- Saudi Arabia (16.1K cubic meters)
- Nepal (15.9K cubic meters)
- Oman (13.5K cubic meters)
- United States (10.2K cubic meters)
- Iraq (8.5K cubic meters)
- Bhutan (8.1K cubic meters)
- Thailand (7.7K cubic meters)
- Egypt (5.6K cubic meters)
- Bahrain (4.2K cubic meters)
- Bangladesh (4.0K cubic meters)
- Mexico (2.9K cubic meters)
This report provides an in-depth analysis of the plywood market in India. 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:
- FCL 1640 - Plywood
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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