MERCOSUR: Veneer Sheet Market 2025

Veneer Sheet Market Size in MERCOSUR

In 2022, the MERCOSUR veneer sheet market decreased by -2.9% to $X, falling for the second year in a row after nine years of growth. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.9% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Veneer Sheet Production in MERCOSUR

In value terms, veneer sheet production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by 17%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Veneer Sheet Exports

Exports in MERCOSUR

In 2022, exports of veneer sheets and sheets for plywood and other wood sawn lengthwise in MERCOSUR soared to X square meters, with an increase of 21% compared with 2021. In general, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 51% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, veneer sheet exports skyrocketed to $X in 2022. Total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.3% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil was the largest exporter of veneer sheets and sheets for plywood and other wood sawn lengthwise in MERCOSUR, with the volume of exports resulting at X square meters, which was near 78% of total exports in 2022. It was distantly followed by Chile (X square meters), mixing up a 19% share of total exports.

Brazil was also the fastest-growing in terms of the veneer sheets and sheets for plywood and other wood sawn lengthwise exports, with a CAGR of +20.0% from 2012 to 2022. At the same time, Chile (+7.2%) displayed positive paces of growth. While the share of Brazil (+27 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Chile (-19.9 p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest veneer sheet supplier in MERCOSUR, comprising 71% of total exports. The second position in the ranking was taken by Chile ($X), with a 22% share of total exports.

In Brazil, veneer sheet exports expanded at an average annual rate of +4.9% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per square meter, increasing by 1.5% against the previous year. Overall, the export price, however, saw a deep setback. The growth pace was the most rapid in 2021 when the export price increased by 10% against the previous year. Over the period under review, the export prices reached the peak figure at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per square meter), while Brazil amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-3.9%).

Veneer Sheet Imports

Imports in MERCOSUR

In 2022, approx. X square meters of veneer sheets and sheets for plywood and other wood sawn lengthwise were imported in MERCOSUR; jumping by 21% on 2021. Overall, imports, however, showed a deep downturn. The volume of import peaked at X square meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, veneer sheet imports surged to $X in 2022. In general, imports, however, continue to indicate a pronounced descent. The growth pace was the most rapid in 2021 when imports increased by 22%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X square meters) represented the major importer of veneer sheets and sheets for plywood and other wood sawn lengthwise, committing 52% of total imports. Peru (X square meters) took a 15% share (based on physical terms) of total imports, which put it in second place, followed by Chile (12%), Argentina (6.9%), Colombia (5.6%) and Ecuador (5.2%).

Brazil experienced a relatively flat trend pattern with regard to volume of imports of veneer sheets and sheets for plywood and other wood sawn lengthwise. At the same time, Peru (+16.2%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +16.2% from 2012-2022. By contrast, Colombia (-6.9%), Chile (-8.4%), Ecuador (-11.7%) and Argentina (-12.9%) illustrated a downward trend over the same period. While the share of Brazil (+23 p.p.) and Peru (+13 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Chile (-5.3 p.p.), Ecuador (-5.6 p.p.) and Argentina (-9.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported veneer sheets and sheets for plywood and other wood sawn lengthwise in MERCOSUR, comprising 49% of total imports. The second position in the ranking was taken by Chile ($X), with a 14% share of total imports. It was followed by Argentina, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to +5.3%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (-7.0% per year) and Argentina (-10.4% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per square meter, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2015 an increase of 15%. Over the period under review, import prices attained the maximum at $X per square meter in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per square meter), while Peru ($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 Ecuador (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform