Serbia - Veneer Sheets - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Serbia - Veneer Sheets - Market Analysis, Forecast, Size, Trends and Insights

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Veneer Sheets Price in Serbia - 2023

Contents:

  1. Veneer Sheets Price in Serbia (FOB) - 2023
  2. Veneer Sheets Price in Serbia (CIF) - 2023
  3. Veneer Sheets Exports in Serbia
  4. Veneer Sheets Imports in Serbia

Veneer Sheets Price in Serbia (FOB) - 2023

The average veneer sheets export price stood at $654 per thousand cubic meters in November 2023, which is down by -22.3% against the previous month. In general, the export price showed a pronounced setback. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 39% against the previous month. As a result, the export price attained the peak level of $1.3 per cubic meter. From August 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Germany ($2.8 per cubic meter), while the average price for exports to Poland ($353 per thousand cubic meters) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

Veneer Sheets Price in Serbia (CIF) - 2023

In November 2023, the average veneer sheets import price amounted to $4.0 per cubic meter, picking up by 70% against the previous month. In general, import price indicated a noticeable increase from November 2022 to November 2023: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, veneer sheets import price increased by +70.4% against October 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 72% m-o-m. The import price peaked in November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($14.2 per cubic meter), while the price for Bulgaria ($948 per thousand cubic meters) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Veneer Sheets Exports in Serbia

In 2022, veneer sheets exports from Serbia surged to 35K cubic meters, growing by 74% compared with 2021 figures. Overall, exports, however, recorded a pronounced decline. The exports peaked at 39K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, veneer sheets exports surged to $20M in 2022. Over the period under review, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Veneer Sheets in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CambodiaN/AN/AN/A4,6490%
Italy1,1797045122,63730.8%
Slovenia1,0301,2851,3401,89822.6%
Belgium1,7301,3521,7701,8582.4%
ChinaN/AN/A6111,592160.6%
Bulgaria1,92629.546.81,374-10.6%
Russia460N/AN/A1,02530.6%
Bosnia and Herzegovina793610763683-4.9%
Netherlands31551643665527.6%
Romania563432471513-3.1%
Germany4484574554721.8%
Greece15055.115727622.5%
PolandN/AN/A8.11792109.9%
Others3,8902,1261,3982,671-11.8%
Total12,4857,5677,96820,48217.9%

Top Export Markets for Veneer Sheets from Serbia in 2022:

  1. Belgium (6.9K cubic meters)
  2. Bulgaria (6.2K cubic meters)
  3. Italy (5.1K cubic meters)
  4. Slovenia (3.0K cubic meters)
  5. Cambodia (2.4K cubic meters)
  6. Netherlands (2.1K cubic meters)
  7. China (1.8K cubic meters)
  8. Germany (1.5K cubic meters)
  9. Romania (0.8K cubic meters)
  10. Bosnia and Herzegovina (0.8K cubic meters)
  11. Poland (0.7K cubic meters)
  12. Greece (0.6K cubic meters)
  13. Russia (0.5K cubic meters)

Veneer Sheets Imports in Serbia

In 2022, approx. 7.7K cubic meters of veneer sheets were imported into Serbia; waning by -21.1% against the previous year's figure. Overall, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 4.2% against the previous year. Imports peaked at 10K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, veneer sheets imports shrank to $11M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $13M, and then fell in the following year.

Import of Veneer Sheets in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine3.44.75.73.61.9%
Croatia1.31.11.41.42.5%
Bulgaria1.11.21.11.35.7%
Sweden1.21.11.21.1-2.9%
Finland1.10.71.30.9-6.5%
Slovenia0.20.20.40.751.8%
Bosnia and Herzegovina0.50.40.30.4-7.2%
Montenegro0.10.1N/AN/A0.0%
Others2.11.51.81.9-3.3%
Total11.111.013.211.30.6%

Top Suppliers of Veneer Sheets to Serbia in 2022:

  1. Bulgaria (1916.0 cubic meters)
  2. Sweden (1792.0 cubic meters)
  3. Ukraine (1197.0 cubic meters)
  4. Finland (1166.0 cubic meters)
  5. Croatia (544.0 cubic meters)
  6. Bosnia and Herzegovina (362.0 cubic meters)
  7. Slovenia (229.0 cubic meters)
  8. Montenegro (4.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the veneer sheets market in Serbia. 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 1634 - Veneer sheets

Country coverage:

  • Serbia

Data coverage:

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