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

India - 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 India - 2023

Contents:

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

Veneer Sheet Price in India (CIF) - 2023

In July 2023, the average veneer sheet import price amounted to $247 per thousand square meters, picking up by 5% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 7.6% month-to-month. As a result, import price reached the peak level of $0.3 per square meter. From September 2022 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($387 per thousand square meters), while the price for Vietnam ($164 per thousand square meters) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Veneer Sheet Price in India (FOB) - 2022

The average veneer sheet export price stood at $0.2 per square meter in 2022, with an increase of 5.2% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 an increase of 47% against the previous year. Over the period under review, the average export prices attained the maximum at $1.2 per square meter in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1.5 per square meter), while the average price for exports to Nepal ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+1.8%), while the prices for the other major destinations experienced a decline.

Veneer Sheet Imports in India

Veneer sheet imports into India dropped sharply to 991M square meters in 2022, with a decrease of -16.1% on the previous year's figure. Overall, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of 1.2B square meters, and then shrank remarkably in the following year.

In value terms, veneer sheet imports shrank to $271M in 2022. In general, imports recorded a slight decline. The most prominent rate of growth was recorded in 2021 when imports increased by 74%. As a result, imports attained the peak of $295M, and then reduced in the following year.

Import of Veneer Sheet in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Gabon11149.195.482.7-9.3%
Indonesia67.557.694.479.05.4%
China44.025.752.233.9-8.3%
Myanmar14.014.712.132.031.7%
Singapore6.43.010.24.8-9.1%
Hong Kong SAR1.20.51.73.745.5%
Thailand0.20.91.73.5159.6%
Others38.817.927.131.2-7.0%
Total283169295271-1.4%

Top Suppliers of Veneer Sheet to India in 2022:

  1. Gabon (397.5M square meters)
  2. Indonesia (264.0M square meters)
  3. Myanmar (132.3M square meters)
  4. China (96.3M square meters)
  5. Singapore (17.1M square meters)
  6. Thailand (15.7M square meters)
  7. Hong Kong SAR (15.3M square meters)

Veneer Sheet Exports in India

In 2022, the amount of veneer sheets and sheets for plywood and other wood sawn lengthwise exported from India expanded rapidly to 157M square meters, picking up by 12% against 2021 figures. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, veneer sheet exports surged to $38M in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Veneer Sheet in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal9.07.914.115.219.1%
Bangladesh2.42.54.15.330.2%
China2.53.54.95.126.8%
United States2.72.53.23.913.0%
Canada0.41.02.12.686.6%
Others4.02.43.55.511.2%
Total21.019.932.137.721.5%

Top Export Markets for Veneer Sheet from India in 2022:

  1. Nepal (128.3M square meters)
  2. Bangladesh (12.5M square meters)
  3. China (5.3M square meters)
  4. Canada (3.2M square meters)
  5. United States (2.6M square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the veneer sheet 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:

  • 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:

  • 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:

  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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Free Data: Veneer Sheets And Sheets For Plywood And Other Wood Sawn Lengthwise - India