United Kingdom: Veneer Sheet Market 2025

Veneer Sheet Market Size in the UK

The UK veneer sheet market skyrocketed to $X in 2022, rising by 206% against the previous year. Overall, consumption continues to indicate a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Veneer Sheet Production in the UK

In value terms, veneer sheet production fell to $X in 2022 estimated in export price. In general, production, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 13%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Veneer Sheet Exports

Exports from the UK

In 2022, the amount of veneer sheets and sheets for plywood and other wood sawn lengthwise exported from the UK contracted to X square meters, falling by -9.1% compared with 2021 figures. In general, exports recorded a pronounced curtailment. The growth pace was the most rapid in 2014 with an increase of 42% against the previous year. As a result, the exports reached the peak of X square meters. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, veneer sheet exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a abrupt descent. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X square meters), Slovenia (X square meters) and France (X square meters) were the main destinations of veneer sheet exports from the UK, together comprising 50% of total exports. The United States, Spain, Denmark, South Africa, Canada, Mexico, Germany, Brazil, the United Arab Emirates and Falkland Islands (Malvinas) lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +221.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for veneer sheets and sheets for plywood and other wood sawn lengthwise exports from the UK, comprising 35% of total exports. The second position in the ranking was held by Mexico ($X), with a 12% share of total exports. It was followed by Canada, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +26.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+61.8% per year) and Canada (+26.9% per year).

Export Prices by Country

In 2022, the average veneer sheet export price amounted to $X per square meter, picking up by 43% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced descent. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per square meter), while the average price for exports to France ($X 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 the United States (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Veneer Sheet Imports

Imports into the UK

Veneer sheet imports into the UK surged to X square meters in 2022, rising by 37% compared with the year before. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 50%. Over the period under review, imports reached the maximum at X square meters in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, veneer sheet imports skyrocketed to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X square meters) constituted the largest supplier of veneer sheet to the UK, accounting for a 42% share of total imports. Moreover, veneer sheet imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X square meters), threefold. The third position in this ranking was taken by Italy (X square meters), with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+97.5% per year) and Italy (+15.9% per year).

In value terms, the largest veneer sheet suppliers to the UK were Spain ($X), Germany ($X) and the United States ($X), with a combined 40% share of total imports. Slovenia, Denmark, Italy, Romania, China, France, Ireland, the Netherlands, Estonia and Belgium lagged somewhat behind, together comprising a further 53%.

Denmark, with a CAGR of +82.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average veneer sheet import price amounted to $X per square meter, surging by 24% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 60%. Over the period under review, average import prices hit record highs at $X per square meter in 2015; however, from 2016 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 Slovenia ($X per square meter), while the price for Germany ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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