In 2024, China remains the dominant force in global plywood production, accounting for the majority of the output with 76.084 million cubic meters. It is followed by India and the United States, with significant amounts but much lower than China. Over the past year, Vietnam and several smaller countries such as Kazakhstan and Moldova have shown substantial growth rates, whereas traditional producers like the United States and Canada have seen declines.
The year-on-year percentage variations reveal interesting trends: substantial growth in countries like Cambodia, Romania, Tanzania, and Moldova, while others like Malaysia, Bulgaria, Slovakia, and Uzbekistan experienced significant declines. This variability indicates shifting dynamics in the global plywood market, likely influenced by changing industrial capacities, environmental policies, and economic conditions.
Future trends to watch in global plywood production include:- Potential continued dominance and slight deceleration in China.- Surge in production from emerging markets like Vietnam, Kazakhstan, and Moldova.- Expected stability or recovery in traditional markets such as the United States and Canada.- Potential environmental regulations impacting production capacities worldwide, especially in high-growth but ecologically sensitive regions. Overall, the global plywood market is witnessing both stability in traditional production hubs and exciting growth in emerging markets, suggesting a diversifying production landscape in the coming years.
Top countries in Plywood Production by Country
| # | 10 Countries | Cubic Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 76,084,000 | 2023 | -0.5% | -0.1% | View data |
| 2 | 2 India | 10,524,000 | 2023 | +4.62% | +1.98% | View data |
| 3 | 3 United States | 9,183,700 | 2023 | -1.96% | -2.13% | View data |
| 4 | 4 Indonesia | 4,976,400 | 2023 | +3.52% | +1.24% | View data |
| 5 | 5 Russia | 4,062,600 | 2023 | +1.59% | +0.25% | View data |
| 6 | 6 Japan | 3,179,800 | 2023 | +0.25% | -0.73% | View data |
| 7 | 7 Brazil | 3,010,500 | 2023 | +0.35% | -4.37% | View data |
| 8 | 8 Vietnam | 2,859,900 | 2023 | +7.92% | +16.2% | View data |
| 9 | 9 Canada | 1,607,200 | 2023 | +0.23% | -1.6% | View data |
| 10 | 10 Chile | 1,407,900 | 2023 | +2.02% | +1.61% | View data |
