Austria: Veneer Sheets Market 2024

Veneer Sheets Market Size in Austria

In 2022, the Austrian veneer sheets market increased by 5.7% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +60.4% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Veneer Sheets Production in Austria

In value terms, veneer sheets production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable contraction. The pace of growth was the most pronounced in 2021 when the production volume increased by 33%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Veneer Sheets Exports

Exports from Austria

In 2022, approx. X cubic meters of veneer sheets were exported from Austria; remaining constant against the previous year's figure. In general, total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 59% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, veneer sheets exports shrank modestly to $X in 2022. The total export value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 21% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined modestly in the following year.

Exports by Country

Germany (X cubic meters), Italy (X cubic meters) and Slovakia (X cubic meters) were the main destinations of veneer sheets exports from Austria, with a combined 58% share of total exports. The Czech Republic, Switzerland, Japan, Romania, Hungary, Poland, Turkey, Slovenia, Bosnia and Herzegovina and France lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +41.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Switzerland ($X) appeared to be the largest markets for veneer sheets exported from Austria worldwide, with a combined 53% share of total exports. The Czech Republic, Slovakia, France, Turkey, Romania, Poland, Bosnia and Herzegovina, Hungary, Slovenia and Japan lagged somewhat behind, together comprising a further 32%.

Turkey, with a CAGR of +39.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average veneer sheets export price amounted to $X per cubic meter, almost unchanged from the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 24%. The export price peaked at $X per cubic meter in 2014; however, from 2015 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 France ($X per cubic meter), while the average price for exports to Japan ($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 France (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Veneer Sheets Imports

Imports into Austria

In 2022, after eight years of growth, there was significant decline in overseas purchases of veneer sheets, when their volume decreased by -10.8% to X cubic meters. Overall, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.6% against 2013 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. As a result, imports attained the peak of X cubic meters, and then fell in the following year.

In value terms, veneer sheets imports rose rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Ukraine (X cubic meters), Sweden (X cubic meters) and the Czech Republic (X cubic meters) were the main suppliers of veneer sheets imports to Austria, with a combined 63% share of total imports. Germany, Finland, Croatia, Slovenia, Romania, Slovakia, Hungary and Russia lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of +12.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X) constituted the largest supplier of veneer sheets to Austria, comprising 41% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 19% share of total imports. It was followed by Germany, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ukraine totaled +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+14.8% per year) and Germany (+1.0% per year).

Import Prices by Country

The average veneer sheets import price stood at $X per cubic meter in 2022, rising by 28% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, import price attained 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 Slovakia ($X per cubic meter), while the price for Hungary ($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 the Czech Republic (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :