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

Vietnam - 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 Vietnam - 2021

Contents:

  1. Veneer Sheet Price in Vietnam (CIF) - 2021
  2. Veneer Sheet Price in Vietnam (FOB) - 2021
  3. Veneer Sheet Imports in Vietnam
  4. Veneer Sheet Exports in Vietnam

Veneer Sheet Price in Vietnam (CIF) - 2021

In December 2021, the average veneer sheet import price amounted to $909 per thousand square meters, which is down by -4.3% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 19% against the previous month. The import price peaked at $949 per thousand square meters in November 2021, and then dropped modestly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Latvia ($1.0 per square meter), while the price for Indonesia ($493 per thousand square meters) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Veneer Sheet Price in Vietnam (FOB) - 2021

The average veneer sheet export price stood at $1.4 per square meter in December 2021, dropping by -6.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in November 2021 an increase of 11% month-to-month. As a result, the export price attained the peak level of $1.4 per square meter, and then contracted in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was China ($1.4 per square meter), while the average price for exports to Indonesia ($844 per thousand square meters) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Veneer Sheet Imports in Vietnam

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% to 293M square meters. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Over the period under review, imports reached the maximum at 322M square meters in 2021, and then reduced in the following year.

In value terms, veneer sheet imports dropped to $220M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 19%. Imports peaked at $233M in 2021, and then fell in the following year.

Import of Veneer Sheet in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1491752071949.2%
LatviaN/A4.76.96.618.5%
Russia4.57.44.04.4-0.7%
United States6.96.34.83.2-22.6%
Others12.812.311.011.0-4.9%
Total1732062332208.3%

Top Suppliers of Veneer Sheet to Vietnam in 2022:

  1. China (261.7M square meters)
  2. Latvia (7.2M square meters)
  3. Russia (4.9M square meters)
  4. United States (2.4M square meters)

Veneer Sheet Exports in Vietnam

In 2022, after three years of growth, there was significant decline in shipments abroad of veneer sheets and sheets for plywood and other wood sawn lengthwise, when their volume decreased by -30.7% to 120M square meters. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 154%. As a result, the exports reached the peak of 174M square meters, and then shrank markedly in the following year.

In value terms, veneer sheet exports declined markedly to $158M in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 155% against the previous year. As a result, the exports reached the peak of $226M, and then declined rapidly in the following year.

Export of Veneer Sheet in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China43.479.020712542.3%
Cambodia0.30.86.810.3225.0%
Taiwan (Chinese)3.62.83.65.515.2%
Indonesia1.31.43.24.854.6%
Malaysia0.51.82.63.998.3%
Others4.52.93.28.423.1%
Total53.688.822615843.4%

Top Export Markets for Veneer Sheet from Vietnam in 2022:

  1. China (90.6M square meters)
  2. Cambodia (7.8M square meters)
  3. Taiwan (Chinese) (5.2M square meters)
  4. Indonesia (5.0M square meters)
  5. Malaysia (3.8M square meters)

Source: IndexBox Market Intelligence Platform

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

  • Vietnam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Vietnam
  • 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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