In 2023, Vietnam led global veneer sheet production with a significant 23.55% increase, overtaking China, which saw a slight decline of 1.85%. The United States followed with modest growth of 0.91%, while Indonesia and Myanmar also showed positive trends with 5.25% and 8.02% increases, respectively. Noteworthy changes included significant increases in Tanzania (59.2%), Finland (25.24%), and countries experiencing strong growth such as Thailand (10.18%) and Zimbabwe (12.84%). However, countries like Malaysia and Estonia witnessed declines of over 12%, impacting regional dynamics.
Future trends to watch include shifts towards sustainable veneer production practices and potential market alterations due to environmental policies and technological advancements in high-producing countries like Vietnam and China. Increasing competitive pressures and trade dynamics could also influence future production levels across various countries.
Top countries in Veneer Sheets Production by Country
| # | 10 Countries | Cubic Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Vietnam | 3,028,900 | 2023 | +3.91% | +23.55% | View data |
| 2 | 2 China | 2,761,900 | 2023 | +1.09% | -1.85% | View data |
| 3 | 3 United States | 2,311,000 | 2023 | +1.18% | +0.91% | View data |
| 4 | 4 Indonesia | 1,690,500 | 2023 | +4.39% | +5.25% | View data |
| 5 | 5 Russia | 1,633,500 | 2023 | +4.05% | -1.47% | View data |
| 6 | 6 Canada | 588,600 | 2023 | +1.23% | -1.62% | View data |
| 7 | 7 Brazil | 554,290 | 2023 | +0.78% | +0.16% | View data |
| 8 | 8 Mexico | 494,880 | 2023 | +1.29% | +0.076% | View data |
| 9 | 9 Gabon | 475,150 | 2023 | +2.21% | +4.08% | View data |
| 10 | 10 New Zealand | 450,650 | 2023 | +0.14% | -1.9% | View data |
