Uruguay: Veneer Sheets Market 2025

Veneer Sheets Market Size in Uruguay

The Uruguayan veneer sheets market contracted to $X in 2022, dropping by -12.8% against the previous year. Overall, consumption saw a noticeable slump. The pace of growth was the most pronounced in 2018 with an increase of 8.3% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Veneer Sheets Production in Uruguay

In value terms, veneer sheets production expanded markedly to $X in 2022 estimated in export price. In general, production, however, showed a perceptible decline. The pace of growth was the most pronounced in 2018 with an increase of 42% against the previous year. Veneer sheets production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Veneer Sheets Exports

Exports from Uruguay

In 2022, the amount of veneer sheets exported from Uruguay surged to X cubic meters, with an increase of 7,311% on the previous year's figure. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, veneer sheets exports skyrocketed to $X in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X cubic meters) was the main destination for veneer sheets exports from Uruguay, with a 100% share of total exports. It was followed by Indonesia (X cubic meters), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled +539,500.0%.

In value terms, Spain ($X) emerged as the key foreign market for veneer sheets exports from Uruguay, comprising 99% of total exports. The second position in the ranking was taken by Indonesia ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain totaled +3,516,932.1%.

Export Prices by Country

The average veneer sheets export price stood at $X per cubic meter in 2022, shrinking by -56.5% against the previous year. Over the period under review, the export price faced a abrupt setback. The growth pace was the most rapid in 2018 when the average export price increased by 175% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per cubic meter), while the average price for exports to Indonesia amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+551.8%), while the prices for the other major destinations experienced a decline.

Veneer Sheets Imports

Imports into Uruguay

In 2022, overseas purchases of veneer sheets increased by 7.7% to X cubic meters, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 136%. Over the period under review, imports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, veneer sheets imports soared to $X in 2022. Overall, imports, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 153% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Estonia (X cubic meters) constituted the largest veneer sheets supplier to Uruguay, accounting for a 57% share of total imports. Moreover, veneer sheets imports from Estonia exceeded the figures recorded by the second-largest supplier, Argentina (X cubic meters), threefold. The third position in this ranking was taken by Spain (X cubic meters), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Estonia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-14.2% per year) and Spain (-14.0% per year).

In value terms, Argentina ($X) constituted the largest supplier of veneer sheets to Uruguay, comprising 55% of total imports. The second position in the ranking was taken by Estonia ($X), with a 23% share of total imports. It was followed by Spain, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (0.0% per year) and Spain (-10.2% per year).

Import Prices by Country

The average veneer sheets import price stood at $X per cubic meter in 2022, jumping by 31% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, veneer sheets import price increased by +39.6% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Argentina ($X per cubic meter), while the price for Bolivia ($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 Belgium (+194.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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