Argentina: Veneer Sheets Market 2024

Veneer Sheets Market Size in Argentina

In 2022, the Argentinian veneer sheets market decreased by -18.6% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, showed a strong expansion. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Veneer Sheets Production in Argentina

In value terms, veneer sheets production dropped to $X in 2022 estimated in export price. In general, production recorded a resilient expansion. The pace of growth appeared the most rapid in 2015 with an increase of 741% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Veneer Sheets Exports

Exports from Argentina

In 2022, shipments abroad of veneer sheets was finally on the rise to reach X cubic meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt slump. Over the period under review, the exports reached the peak figure at X cubic meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, veneer sheets exports soared to $X in 2022. Over the period under review, exports, however, faced a abrupt decrease. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X cubic meters) was the main destination for veneer sheets exports from Argentina, accounting for a 100% share of total exports. It was followed by Spain (X cubic meters), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil totaled +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-43.1% per year) and Uruguay (-35.9% per year).

In value terms, Brazil ($X) remains the key foreign market for veneer sheets exports from Argentina, comprising 99% of total exports. The second position in the ranking was held by Uruguay ($X), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil stood at -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-33.1% per year) and Spain (-58.8% per year).

Export Prices by Country

In 2022, the average veneer sheets export price amounted to $X per cubic meter, which is down by -26.2% against the previous year. Overall, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 43%. Over the period under review, the average export prices attained the peak figure at $X per cubic meter in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per cubic meter), while the average price for exports to Spain ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.

Veneer Sheets Imports

Imports into Argentina

In 2022, the amount of veneer sheets imported into Argentina rose slightly to X cubic meters, increasing by 3% on 2021. Overall, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 3.9%. Over the period under review, imports reached the maximum at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, veneer sheets imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X cubic meters) constituted the largest supplier of veneer sheets to Argentina, with a 66% share of total imports. Moreover, veneer sheets imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X cubic meters), fivefold. The third position in this ranking was held by the United States (X cubic meters), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at -12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.4% per year) and the United States (+2.8% per year).

In value terms, Brazil ($X) constituted the largest supplier of veneer sheets to Argentina, comprising 60% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports. It was followed by the United States, with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at -10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.0% per year) and the United States (+3.1% per year).

Import Prices by Country

The average veneer sheets import price stood at $X per cubic meter in 2022, growing by 22% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per cubic meter), while the price for Paraguay ($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 Paraguay (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :