South-Eastern Asia: Veneer Sheets Market 2024

Veneer Sheets Market Size in South-Eastern Asia

The Southeast Asian veneer sheets market rose significantly to $X in 2023, surging by X% against the previous year. Overall, consumption enjoyed a strong expansion. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Veneer Sheets Production in South-Eastern Asia

In value terms, veneer sheets production rose markedly to $X in 2023 estimated in export price. Overall, production posted a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Veneer Sheets Exports

Exports in South-Eastern Asia

In 2023, after two years of growth, there was significant decline in overseas shipments of veneer sheets, when their volume decreased by X% to X cubic meters. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X cubic meters in 2022, and then declined in the following year.

In value terms, veneer sheets exports rose significantly to $X in 2023. Total exports indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, Indonesia (X cubic meters), Myanmar (X cubic meters), Thailand (X cubic meters) and Vietnam (X cubic meters) represented the main exporter of veneer sheets in South-Eastern Asia, constituting X% of total export. It was distantly followed by Malaysia (X cubic meters), comprising a X% share of total exports. Singapore (X cubic meters) took a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest veneer sheets supplying countries in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and Myanmar ($X), together comprising X% of total exports.

Among the main exporting countries, Myanmar, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per cubic meter, growing by X% against the previous year. In general, the export price, however, saw a deep reduction. Over the period under review, the export prices attained the peak figure at $X per cubic meter in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the export price figures.

Veneer Sheets Imports

Imports in South-Eastern Asia

After two years of growth, supplies from abroad of veneer sheets decreased by X% to X cubic meters in 2023. Overall, imports, however, saw a resilient increase. The growth pace was the most rapid in 2018 with an increase of X%. The volume of import peaked at X cubic meters in 2022, and then contracted modestly in the following year.

In value terms, veneer sheets imports contracted to $X in 2023. In general, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then contracted in the following year.

Imports by Country

In 2023, Malaysia (X cubic meters) represented the largest importer of veneer sheets, making up X% of total imports. Cambodia (X cubic meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%), the Philippines (X%) and Indonesia (X%). Singapore (X cubic meters) held a little share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cambodia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported veneer sheets in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Cambodia ($X), with an X% share of total imports. It was followed by Indonesia, with a X% share.

In Vietnam, veneer sheets imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Cambodia (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2023, the import price in South-Eastern Asia amounted to $X per cubic meter, falling by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked at $X per cubic meter in 2016; however, from 2017 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Vietnam ($X per cubic meter), while Singapore ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform