In 2023, Indonesia led global plywood exports with $1.5457 billion, though experiencing a slight decrease. Malaysia saw a notable growth of 0.62%, followed by significant export increases from China (4.72%) and the Philippines (4.97%). Among European countries, Spain, Germany, and the United Kingdom exhibited positive trends, while Belgium faced a decline. Emerging exporters like Bulgaria and Lithuania showed substantial growth, with Belarus and Chile surprising with remarkable surges. Conversely, Norway experienced the steepest year-on-year decline.
Future trends to watch include Indonesia's strategies to maintain its leadership amidst declining figures and Malaysia and China capitalizing on their growth trajectories. Monitoring the volatility in newly emerging markets like Belarus and Chile, and assessing the potential entry of new players in the tropical hardwood plywood market, will be essential for anticipating shifts in global trade dynamics.
Top countries in Export of Plywood 1 or 2 Outer Ply Tropical Hardwood by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 1,545,700,000 | 2023 | +1.79% | -0.034% | View data |
| 2 | 2 Malaysia | 1,001,900,000 | 2023 | +1.16% | +0.62% | View data |
| 3 | 3 China | 469,810,000 | 2023 | +4.12% | +4.72% | View data |
| 4 | 4 Spain | 91,423,000 | 2023 | +4.56% | +3.98% | View data |
| 5 | 5 France | 79,683,000 | 2023 | -0.99% | -2.08% | View data |
| 6 | 6 Germany | 67,176,000 | 2023 | +2.75% | +2.46% | View data |
| 7 | 7 Italy | 59,229,000 | 2023 | +1.35% | +1.5% | View data |
| 8 | 8 Philippines | 58,771,000 | 2023 | +6.41% | +4.97% | View data |
| 9 | 9 Ecuador | 51,110,000 | 2023 | +6.62% | +2.83% | View data |
| 10 | 10 Netherlands | 40,388,000 | 2023 | +2.83% | +1.7% | View data |
