Ukraine: Wood-Based Panels Market 2025

Wood-Based Panels Market Size in Ukraine

The Ukrainian wood-based panels market declined to $X in 2022, dropping by X% against the previous year. In general, consumption continues to indicate a mild reduction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Wood-Based Panels Production in Ukraine

In value terms, wood-based panels production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a slight decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. Wood-based panels production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Wood-Based Panels Exports

Exports from Ukraine

In 2022, the amount of wood-based panels exported from Ukraine shrank sharply to X cubic meters, waning by X% compared with 2021 figures. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X cubic meters, and then fell markedly in the following year.

In value terms, wood-based panels exports expanded to $X in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Poland (X cubic meters) was the main destination for wood-based panels exports from Ukraine, accounting for a X% share of total exports. Moreover, wood-based panels exports to Poland exceeded the volume sent to the second major destination, Moldova (X cubic meters), threefold. The third position in this ranking was taken by Romania (X cubic meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and Romania (X% per year).

In value terms, Poland ($X), Austria ($X) and Germany ($X) appeared to be the largest markets for wood-based panels exported from Ukraine worldwide, with a combined X% share of total exports. Spain, Lithuania, Romania, Moldova, Hungary, the Czech Republic, Italy, Slovakia, the Netherlands and Turkey lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Spain, with a CAGR of X%, 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

The average wood-based panels export price stood at $X per cubic meter in 2022, jumping by X% against the previous year. In general, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per cubic meter), while the average price for exports to Moldova ($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 Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood-Based Panels Imports

Imports into Ukraine

In 2022, supplies from abroad of wood-based panels decreased by X% to X cubic meters, falling for the third year in a row after four years of growth. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the maximum at X cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wood-based panels imports reduced remarkably to $X in 2022. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped markedly in the following year.

Imports by Country

Poland (X cubic meters), Belarus (X cubic meters) and Romania (X cubic meters) were the main suppliers of wood-based panels imports to Ukraine, together comprising X% of total imports. Turkey, Germany, China and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Poland ($X), Romania ($X) and Belarus ($X) constituted the largest wood-based panels suppliers to Ukraine, with a combined X% share of total imports.

Among the main suppliers, Belarus, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wood-based panels import price stood at $X per cubic meter in 2022, growing by X% against the previous year. In general, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Germany ($X per cubic meter), while the price for Russia ($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 Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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