United Kingdom: Veneer Sheets Market 2025

Veneer Sheets Market Size in the UK

The UK veneer sheets market soared to $X in 2022, with an increase of 52% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Veneer Sheets Production in the UK

In value terms, veneer sheets production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by 13% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Veneer Sheets Exports

Exports from the UK

In 2022, approx. X cubic meters of veneer sheets were exported from the UK; reducing by -16.4% on the year before. Over the period under review, exports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 48% against the previous year. The exports peaked at X cubic meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, veneer sheets exports skyrocketed to $X in 2022. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 31%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X cubic meters), the United States (X cubic meters) and France (X cubic meters) were the main destinations of veneer sheets exports from the UK, with a combined 45% share of total exports. Canada, Germany, Slovenia, Denmark, Italy, Mexico, Spain, South Africa, Brazil and Falkland Islands (Malvinas) lagged somewhat behind, together comprising a further 45%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +85.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for veneer sheets exports from the UK, comprising 35% of total exports. The second position in the ranking was taken by Mexico ($X), with a 12% share of total exports. It was followed by Canada, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +26.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+60.6% per year) and Canada (+26.0% per year).

Export Prices by Country

In 2022, the average veneer sheets export price amounted to $X per cubic meter, with an increase of 40% against the previous year. In general, the export price, however, continues to indicate a pronounced contraction. The growth pace was the most rapid in 2021 when the average export price increased by 88%. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per cubic meter), while the average price for exports to Falkland Islands (Malvinas) ($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 Denmark (+43.2%), while the prices for the other major destinations experienced more modest paces of growth.

Veneer Sheets Imports

Imports into the UK

In 2022, the amount of veneer sheets imported into the UK totaled X cubic meters, surging by 10% against the previous year's figure. In general, imports, however, continue to indicate a mild shrinkage. The growth pace was the most rapid in 2016 with an increase of 48% against the previous year. Imports peaked at X cubic meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, veneer sheets imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X cubic meters), Germany (X cubic meters) and Denmark (X cubic meters) were the main suppliers of veneer sheets imports to the UK, together accounting for 53% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +94.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest veneer sheets suppliers to the UK were Spain ($X), Germany ($X) and the United States ($X), together comprising 40% of total imports. Slovenia, Denmark, Italy, Romania, China, France, Ireland, the Netherlands, Estonia and Belgium lagged somewhat behind, together accounting for a further 53%.

Denmark, with a CAGR of +82.4%, saw the highest rates of growth with regard to the value of imports, among 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 52% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per cubic meter in 2015; however, from 2016 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 Slovenia ($X per cubic meter), while the price for China ($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 Slovenia (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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