Report Update Nov 1, 2024

Bangladesh - Veneer Sheets - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Veneer Sheets Market 2024

Veneer Sheets Market Size in Bangladesh

In 2022, the Bangladeshi veneer sheets market decreased by -24.8% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a prominent increase. As a result, consumption attained the peak level of $X, and then fell remarkably in the following year.

Veneer Sheets Production in Bangladesh

In value terms, veneer sheets production reduced slightly to $X in 2022 estimated in export price. In general, production recorded a slight decrease. The pace of growth appeared the most rapid in 2016 when the production volume increased by 11% against the previous year. Veneer sheets production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Veneer Sheets Exports

Exports from Bangladesh

In 2021, overseas shipments of veneer sheets decreased by 0% to X cubic meters, falling for the second year in a row after two years of decline. In general, exports showed a strong increase. The smallest decline of 99.9% was in 2020. The exports peaked at X cubic meters in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, veneer sheets exports totaled $X in 2021. Overall, exports continue to indicate a significant contraction. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X cubic meters) and China (X cubic meters) were the main destinations of veneer sheets exports from Bangladesh.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of 0.0%).

From 2012 to 2021, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

In 2021, the average veneer sheets export price amounted to $X per cubic meter, remaining constant against the previous year. In general, the export price faced a dramatic curtailment. The most prominent rate of growth was recorded in 2020 a decrease of 99.9% against the previous year. The export price peaked at $X per cubic meter in 2017; however, from 2018 to 2021, 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 China ($X per cubic meter), while the average price for exports to Turkey amounted to $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Veneer Sheets Imports

Imports into Bangladesh

After five years of growth, overseas purchases of veneer sheets decreased by -27.9% to X cubic meters in 2022. Over the period under review, imports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 128%. As a result, imports reached the peak of X cubic meters, and then declined markedly in the following year.

In value terms, veneer sheets imports reduced sharply to $X in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 113%. As a result, imports attained the peak of $X, and then fell sharply in the following year.

Imports by Country

India (X cubic meters), China (X cubic meters) and Indonesia (X cubic meters) were the main suppliers of veneer sheets imports to Bangladesh, with a combined 85% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +46.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest veneer sheets suppliers to Bangladesh were India ($X), China ($X) and Indonesia ($X), together accounting for 81% of total imports.

Indonesia, with a CAGR of +46.2%, recorded the highest growth rate of 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

The average veneer sheets import price stood at $X per cubic meter in 2022, growing by 1.9% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, veneer sheets import price decreased by -36.1% against 2016 indices. The most prominent rate of growth was recorded in 2016 an increase of 70%. As a result, import price reached the peak level of $X per cubic meter. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Myanmar ($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 Vietnam (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for veneer sheets in the world?

The country with the largest volume of veneer sheets consumption was China, comprising approx. 23% of total volume. Moreover, veneer sheets consumption in China exceeded the figures recorded by the second-largest consumer, Vietnam, threefold. The third position in this ranking was occupied by Indonesia, with a 7.7% share.

What are the largest producers of veneer sheets in the world?

The countries with the highest volumes of veneer sheets production in 2021 were China, Russia and Indonesia, with a combined 39% share of global production. These countries were followed by Vietnam, Canada, Brazil, New Zealand, Mexico, Malaysia, the United States, Gabon, Latvia and India, which together accounted for a further 34%.

What are the leading suppliers of veneer sheets to Bangladesh?

In value terms, the largest veneer sheets suppliers to Bangladesh were India, China and the United States, together comprising 84% of total imports. These countries were followed by Indonesia and Myanmar, which together accounted for a further 12%.

What is the average import price for veneer sheets in Bangladesh?

The average veneer sheets import price stood at $1,124 per cubic meter in 2021, growing by 6.4% against the previous year.

This report provides an in-depth analysis of the veneer sheets market in Bangladesh. 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 1634 - Veneer sheets

Country coverage:

Bangladesh

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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