China - Veneer Sheets And Sheets For Plywood And Other Wood Sawn Lengthwise - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

China - Veneer Sheets And Sheets For Plywood And Other Wood Sawn Lengthwise - Market Analysis, Forecast, Size, Trends and Insights

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Veneer Sheet Price in China - 2023

Contents:

  1. Veneer Sheet Price in China (FOB) - 2023
  2. Veneer Sheet Price in China (CIF) - 2022
  3. Veneer Sheet Exports in China
  4. Veneer Sheet Imports in China

Veneer Sheet Price in China (FOB) - 2023

The average veneer sheet export price stood at $542 per thousand square meters in June 2023, which is down by -2.5% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 17% against the previous month. As a result, the export price attained the peak level of $0.7 per square meter. From December 2022 to June 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($871 per thousand square meters), while the average price for exports to the Philippines ($162 per thousand square meters) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Veneer Sheet Price in China (CIF) - 2022

The average veneer sheet import price stood at $0.1 per square meter in 2022, surging by 54% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. Over the period under review, average import prices hit record highs at $0.2 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($0.3 per square meter), while the price for Myanmar (less than $0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.7%), while the prices for the other major suppliers experienced a decline.

Veneer Sheet Exports in China

In 2022, the amount of veneer sheets and sheets for plywood and other wood sawn lengthwise exported from China reduced sharply to 1.2B square meters, waning by -22.9% compared with the previous year's figure. In general, exports recorded a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of 1.5B square meters, and then fell notably in the following year.

In value terms, veneer sheet exports shrank significantly to $671M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. As a result, the exports reached the peak of $801M, and then reduced dramatically in the following year.

Export of Veneer Sheet in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam15217431424016.4%
Cambodia35.862.711258.417.7%
India87.243.775.243.7-20.6%
Indonesia18.934.549.340.328.7%
Malaysia23.524.636.736.916.2%
South Korea21.220.632.432.415.2%
Philippines22.221.318.323.82.3%
Egypt15.49.912.422.413.3%
Thailand18.516.120.221.75.5%
Japan18.79.612.616.9-3.3%
Taiwan (Chinese)34.2N/AN/AN/A0%
Others77.312011913520.4%
Total5255378016718.5%

Top Export Markets for Veneer Sheet from China in 2022:

  1. Vietnam (324.0M square meters)
  2. Cambodia (145.8M square meters)
  3. India (104.1M square meters)
  4. South Korea (88.9M square meters)
  5. Philippines (88.7M square meters)
  6. Indonesia (52.6M square meters)
  7. Malaysia (52.0M square meters)
  8. Egypt (38.2M square meters)
  9. Thailand (26.2M square meters)
  10. Japan (18.3M square meters)

Veneer Sheet Imports in China

In 2022, after three years of growth, there was significant decline in overseas purchases of veneer sheets and sheets for plywood and other wood sawn lengthwise, when their volume decreased by -9.6% to 7.7B square meters. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year. As a result, imports reached the peak of 8.5B square meters, and then declined in the following year.

In value terms, veneer sheet imports soared to $530M in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Veneer Sheet in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia57.451.963.526566.5%
Vietnam61.683.217283.810.8%
Gabon9.621.916.527.141.3%
Cameroon18.814.113.021.24.1%
Myanmar0.46.013.519.1262.8%
Thailand9.79.018.911.35.2%
Malaysia6.34.14.63.1-21.1%
Others64.559.379.699.515.5%
Total22824938153032.5%

Top Suppliers of Veneer Sheet to China in 2022:

  1. Russia (3802.0M square meters)
  2. Vietnam (1619.9M square meters)
  3. Myanmar (893.2M square meters)
  4. Thailand (311.4M square meters)
  5. Gabon (281.3M square meters)
  6. Cameroon (165.2M square meters)
  7. Malaysia (90.3M square meters)

Source: IndexBox Market Intelligence Platform

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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