Report Update Feb 1, 2025

Thailand - Plywood - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Plywood Market 2025

Plywood Market Size in Thailand

The Thai plywood market was estimated at less than $X in 2021, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a relatively flat trend pattern.

Plywood Exports

Exports from Thailand

In 2021, plywood exports from Thailand was estimated at less than X cubic meters, almost unchanged from the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, plywood exports totaled less than $X in 2021. In general, exports recorded a relatively flat trend pattern.

Exports by Country

The United States (X cubic meters), Malaysia (X cubic meters) and Japan (X cubic meters) were the main destinations of plywood exports from Thailand, with a combined 30% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +124.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plywood exported from Thailand were the United States ($X), Japan ($X) and Malaysia ($X), with a combined 30% share of total exports. These countries were followed by France, India, Indonesia, Cambodia, Lao People's Democratic Republic, China and the United Arab Emirates, which together accounted for a further 70%. Moreover, plywood exports in the United States exceeded the figures recorded by the second-largest exporter, Japan, more than tenfold.

France, with a CAGR of +258.6%, saw the highest growth rate of the value of exports, among 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 2021, the average plywood export price amounted to less than $X per thousand cubic meters, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per thousand cubic meters), while the average price for exports to Malaysia ($X per thousand cubic meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.0%), while the prices for the other major destinations experienced a decline.

Plywood Imports

Imports into Thailand

In 2021, imports of plywood into Thailand totaled less than X cubic meters, remaining stable against the previous year's figure. In general, imports recorded a relatively flat trend pattern.

In value terms, plywood imports totaled less than $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern.

Imports by Country

China (X cubic meters), Vietnam (X cubic meters) and Indonesia (X cubic meters) were the main suppliers of plywood imports to Thailand, with a combined 60% share of total imports. Malaysia and Russia lagged somewhat behind, together comprising a further 40%. Moreover, plywood imports in China exceeded the figures recorded by the second-largest supplier, Vietnam, fivefold.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +92.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plywood suppliers to Thailand were China ($X), Vietnam ($X) and Indonesia ($X), together comprising 60% of total imports. These countries were followed by Malaysia and Russia, which together accounted for a further 40%. Moreover, plywood imports in China exceeded the figures recorded by the second-largest supplier, Vietnam, threefold.

Russia, with a CAGR of +67.9%, recorded the highest rates of growth with regard to 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 plywood import price stood at less than $X per thousand cubic meters in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Indonesia ($X per thousand cubic meters), while the price for Russia ($X per thousand cubic meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plywood in the world?

China remains the largest plywood consuming country worldwide, accounting for 48% of total volume. Moreover, plywood consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. India ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of plywood in the world?

China remains the largest plywood producing country worldwide, accounting for 56% of total volume. Moreover, plywood production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The third position in this ranking was occupied by the United States, with an 8.3% share.

What are the leading suppliers of plywood to Thailand?

In value terms, Malaysia constituted the largest supplier of plywood to Thailand, comprising 73% of total imports. The second position in the ranking was occupied by India, with a 17% share of total imports. It was followed by Italy, with a 3.9% share.

What are the leading importers of plywood from Thailand?

In value terms, the United States remains the key foreign market for plywood exports from Thailand, comprising 77% of total exports. The second position in the ranking was occupied by Japan, with a 5.6% share of total exports. It was followed by Malaysia, with a 5.3% share.

What is the average export price for plywood in Thailand?

In 2021, the average plywood export price amounted to $556 per cubic meter, increasing by 16% against the previous year.

What is the average import price for plywood in Thailand?

The average plywood import price stood at $722 per cubic meter in 2021, growing by 45% against the previous year.

This report provides an in-depth analysis of the plywood market in Thailand. 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 1640 - Plywood

Country coverage:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024