Republic of Korea - Veneer Sheets And Sheets For Plywood And Other Wood Sawn Lengthwise - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVeneer Sheet Price in South Korea - 2022
Contents:
- Veneer Sheet Price in South Korea (CIF) - 2022
- Veneer Sheet Price in South Korea (FOB) - 2022
- Veneer Sheet Imports in South Korea
- Veneer Sheet Exports in South Korea
Veneer Sheet Price in South Korea (CIF) - 2022
The average veneer sheet import price stood at $0.2 per square meter in 2022, falling by -6.2% against the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2021 an increase of 13% against the previous year. Over the period under review, average import prices reached the maximum at $0.3 per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($0.5 per square meter), while the price for Russia ($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 Solomon Islands (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Veneer Sheet Price in South Korea (FOB) - 2022
The average veneer sheet export price stood at $1.9 per square meter in 2022, falling by -3.8% against the previous year. Over the period under review, the export price, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2017 an increase of 57%. Over the period under review, the average export prices hit record highs at $2.2 per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($5.4 per square meter), while the average price for exports to Mozambique (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 recorded for supplies to Cambodia (+38.8%), while the prices for the other major destinations experienced more modest paces of growth.
Veneer Sheet Imports in South Korea
Veneer sheet imports into South Korea totaled 374M square meters in 2022, approximately mirroring the previous year. The total import volume increased at an average annual rate of +12.7% over the period 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 44%. As a result, imports reached the peak of 377M square meters. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, veneer sheet imports contracted to $83M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Imports peaked at $87M in 2021, and then declined modestly in the following year.
| Import of Veneer Sheet in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.8 | 27.2 | 34.4 | 25.1 | 1.8% |
| New Zealand | 12.3 | 14.2 | 15.9 | 19.6 | 16.8% |
| Brazil | 3.8 | 12.2 | 6.9 | 8.1 | 28.7% |
| Solomon Islands | 2.0 | 3.9 | 7.6 | 8.0 | 58.7% |
| Chile | 4.8 | 7.1 | 5.9 | 5.3 | 3.4% |
| Malaysia | 7.5 | 4.7 | 2.9 | 5.1 | -12.1% |
| Russia | 1.9 | 1.6 | 2.1 | 2.2 | 5.0% |
| Others | 9.2 | 7.5 | 11.2 | 9.2 | 0.0% |
| Total | 65.4 | 78.4 | 86.9 | 82.7 | 8.1% |
Top Suppliers of Veneer Sheet to South Korea in 2022:
- New Zealand (102.3M square meters)
- Brazil (60.8M square meters)
- China (55.5M square meters)
- Solomon Islands (50.7M square meters)
- Chile (42.3M square meters)
- Russia (23.3M square meters)
- Malaysia (20.6M square meters)
Veneer Sheet Exports in South Korea
In 2022, overseas shipments of veneer sheets and sheets for plywood and other wood sawn lengthwise increased by 19% to 1.9M square meters for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt descent. The exports peaked at 3.2M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, veneer sheet exports rose markedly to $3.5M in 2022. Overall, exports, however, continue to indicate a mild downturn. Over the period under review, the exports hit record highs at $3.9M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Veneer Sheet in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,224 | 1,538 | 1,293 | 1,438 | 5.5% |
| China | 1,662 | 1,604 | 1,119 | 1,322 | -7.3% |
| Ecuador | 137 | 164 | 158 | 210 | 15.3% |
| Papua New Guinea | 156 | 138 | 98.9 | 97.6 | -14.5% |
| South Africa | 17.5 | 26.4 | 24.6 | 33.8 | 24.5% |
| United States | 103 | 75.4 | 32.5 | 32.6 | -31.9% |
| Mexico | 33.2 | 33.3 | 26.8 | 29.8 | -3.5% |
| Mozambique | 4.1 | 3.6 | 2.5 | 2.5 | -15.2% |
| Others | 317 | 358 | 292 | 327 | 1.0% |
| Total | 3,655 | 3,941 | 3,047 | 3,494 | -1.5% |
Top Export Markets for Veneer Sheet from South Korea in 2022:
- Papua New Guinea (662.1K square meters)
- Indonesia (361.2K square meters)
- China (244.7K square meters)
- Mexico (128.9K square meters)
- Mozambique (119.8K square meters)
- Ecuador (78.4K square meters)
- South Africa (53.9K square meters)
- United States (47.7K square meters)
This report provides an in-depth analysis of the veneer sheet market in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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