Asia: Veneer Sheets Market 2024

Veneer Sheets Market Size in Asia

The Asian veneer sheets market rose significantly to $X in 2022, surging by X% against the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Veneer Sheets Production in Asia

In value terms, veneer sheets production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Veneer Sheets Exports

Exports in Asia

In 2022, veneer sheets exports in Asia fell dramatically to X cubic meters, declining by X% against 2021 figures. Over the period under review, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X cubic meters, and then reduced dramatically in the following year.

In value terms, veneer sheets exports fell to $X in 2022. Overall, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

In 2022, China (X cubic meters) represented the major exporter of veneer sheets, creating X% of total exports. Thailand (X cubic meters) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (X%), Myanmar (X%) and Turkey (X%). The following exporters - Vietnam (X cubic meters) and Malaysia (X cubic meters) - each finished at a X% share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), Thailand (X%), Indonesia (X%), Turkey (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. Thailand (X p.p.), Indonesia (X p.p.), Myanmar (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while Vietnam, Malaysia and China saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest veneer sheets supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

In China, veneer sheets exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per cubic meter, growing by X% against the previous year. Over the period under review, the export price, however, saw a slight downturn. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per cubic meter), while Thailand ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the export price figures.

Veneer Sheets Imports

Imports in Asia

In 2022, approx. X cubic meters of veneer sheets were imported in Asia; picking up by X% compared with the previous year's figure. Overall, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, veneer sheets imports rose significantly to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

China prevails in imports structure, resulting at X cubic meters, which was near X% of total imports in 2022. India (X cubic meters) ranks second in terms of the total imports with an X% share, followed by Malaysia (X%) and South Korea (X%). The following importers - Taiwan (Chinese) (X cubic meters), Vietnam (X cubic meters) and Cambodia (X cubic meters) - together made up X% of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, Cambodia (X%), Malaysia (X%), Vietnam (X%), India (X%), South Korea (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. China (X p.p.), Malaysia (X p.p.) and Cambodia (X p.p.) significantly strengthened its position in terms of the total imports, while Taiwan (Chinese) and South Korea saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Vietnam ($X) and India ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Malaysia, Cambodia, South Korea and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per cubic meter in 2022, rising by X% against the previous year. Over the period under review, the import price, however, saw a perceptible decline. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per cubic meter), while China ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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