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Australia - Plywood - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Australia - Plywood - Market Analysis, Forecast, Size, Trends and Insights

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Jul 19, 2023

Australia sees 2% increase in plywood prices, now at $865 per Cubic Meter

Australia Plywood Import Price in May 2023

In May 2023, the plywood price amounted to $865 per cubic meter (CIF, Australia), rising by 2.4% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 40% against the previous month. As a result, import price reached the peak level of $1.2M per thousand cubic meters. From February 2023 to May 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($980 per cubic meter), while the price for Chile ($619 per cubic meter) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Plywood in Australia (USD per cubic meter)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
Italy4521,0641,2569831,1351,0726663778131,2861,0241,132980
Malaysia8818819621,0449791,0319698349311,046980988974
China8128241,2018838807179358951,5391,379914884933
Indonesia9119189751,0728181,0258779808681,010840773729
Finland630680722734741684707725755781655647656
New Zealand667625677659615669631664629626650634649
Chile620627620641641648657669653615646674619
Average7838121,0198638427498928581,2011,118875845865

Australia Plywood Imports

In May 2023, overseas purchases of plywood increased by 3.3% to 33K cubic meters, rising for the third consecutive month after six months of decline. Over the period under review, imports, however, continue to indicate a pronounced decline. The growth pace was the most rapid in August 2022 with an increase of 41% m-o-m. As a result, imports reached the peak of 57K cubic meters. From September 2022 to May 2023, the growth of imports remained at a lower figure.

In value terms, plywood imports rose markedly to $28M (IndexBox estimates) in May 2023. In general, imports, however, recorded a pronounced decline. The pace of growth appeared the most rapid in January 2023 when imports increased by 23% m-o-m. Imports peaked at 49M cubic meters in August 2022; however, from September 2022 to May 2023, imports remained at a lower figure.

Australia Plywood Imports by Country

In May 2023, China (19K cubic meters) constituted the largest plywood supplier to Australia, with a 59% share of total imports. Moreover, plywood imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (3.2K cubic meters), sixfold. Malaysia (2.3K cubic meters) ranked third in terms of total imports with a 7.1% share.

From May 2022 to May 2023, the average monthly rate of growth in terms of volume from China stood at -2.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Indonesia (-2.0% per month) and Malaysia (-5.8% per month).

In value terms, China ($18M) constituted the largest supplier of plywood to Australia, comprising 63% of total imports. The second position in the ranking was taken by Indonesia ($2.3M), with an 8.2% share of total imports. It was followed by Malaysia, with an 8% share.

From May 2022 to May 2023, the average monthly rate of growth in terms of value from China stood at -1.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Indonesia (-3.8% per month) and Malaysia (-5.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plywood market in Australia. 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 1640 - Plywood

Country coverage:

  • Australia

Data coverage:

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