Myanmar: Veneer Sheet Market 2025

Veneer Sheet Market Size in Myanmar

The Myanmar's veneer sheet market surged to $X in 2022, rising by 471% against the previous year. Overall, consumption posted a modest increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Veneer Sheet Production in Myanmar

In value terms, veneer sheet production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced contraction. The growth pace was the most rapid in 2016 with an increase of 168%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Veneer Sheet Exports

Exports from Myanmar

In 2022, shipments abroad of veneer sheets and sheets for plywood and other wood sawn lengthwise increased by 26% to X square meters, rising for the third year in a row after two years of decline. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 2,378%. Over the period under review, the exports reached the maximum at X square meters in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, veneer sheet exports skyrocketed to $X in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 1,343% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

India (X square meters), China (X square meters) and South Korea (X square meters) were the main destinations of veneer sheet exports from Myanmar, with a combined 99% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +199.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for veneer sheet exported from Myanmar were China ($X), India ($X) and South Korea ($X), together comprising 100% of total exports.

In terms of the main countries of destination, China, with a CAGR of +125.5%, recorded the highest growth rate of the value of exports, 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 sheet export price amounted to $X per square meter, rising by 34% against the previous year. Overall, the export price, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of 39% against the previous year. The export price peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per square meter), while the average price for exports to South Korea ($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 India (-4.9%), while the prices for the other major destinations experienced a decline.

Veneer Sheet Imports

Imports into Myanmar

In 2022, after four years of decline, there was significant growth in purchases abroad of veneer sheets and sheets for plywood and other wood sawn lengthwise, when their volume increased by 20% to X square meters. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 1,531%. Over the period under review, imports hit record highs at X square meters in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, veneer sheet imports skyrocketed to $X in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 869%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X square meters) constituted the largest veneer sheet supplier to Myanmar, with a 87% share of total imports. Moreover, veneer sheet imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X square meters), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +65.1%.

In value terms, China ($X) constituted the largest supplier of veneer sheets and sheets for plywood and other wood sawn lengthwise to Myanmar, comprising 95% of total imports. The second position in the ranking was held by Thailand ($X), with a 4.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +52.7%.

Import Prices by Country

In 2022, the average veneer sheet import price amounted to $X per square meter, reducing by -2.7% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 61%. The import price peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per square meter), while the price for Thailand amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+80.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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