Report Update: Apr 17, 2024

Luxembourg - Plywood - Market Analysis, Forecast, Size, Trends and Insights

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Plywood Price in Luxembourg - 2023

Plywood Price in Luxembourg (CIF) - 2023

The average plywood import price stood at $614 per cubic meter in June 2023, with a decrease of -7.9% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 6.3% month-to-month. Over the period under review, average import prices hit record highs at $666 per cubic meter in May 2023, and then fell in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($752 per cubic meter), while the price for China ($486 per cubic meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Estonia (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Plywood Price in Luxembourg (FOB) - 2022

In 2022, the average plywood export price amounted to $969 per cubic meter, jumping by 17% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plywood export price increased by +52.3% against 2019 indices. The growth pace was the most rapid in 2013 when the average export price increased by 41%. As a result, the export price reached the peak level of $1,145 per cubic meter. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($1,133 per cubic meter), while the average price for exports to Germany ($446 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 Turkey (+11.4%), while the prices for the other major destinations experienced a decline.

Plywood Imports in Luxembourg

In 2022, the amount of plywood imported into Luxembourg dropped to 27K cubic meters, reducing by -6.4% on the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports reached the peak of 29K cubic meters, and then contracted in the following year.

In value terms, plywood imports dropped to $16M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of $19M, and then shrank in the following year.

Import of Plywood in Luxembourg (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	5.2	6.1	10.6	6.7	8.8%
Belgium	1.9	2.5	3.9	4.7	35.2%
Poland	N/A	0.1	0.6	1.9	335.9%
Lithuania	0.9	0.9	1.7	1.4	15.9%
France	0.4	1.2	0.4	0.5	7.7%
Czech Republic	1.1	0.3	0.5	0.3	-35.2%
Estonia	N/A	N/A	0.1	0.3	200.0%
Others	1.9	0.4	0.9	0.6	-31.9%
Total	11.4	11.5	18.8	16.5	13.1%

Top Suppliers of Plywood to Luxembourg in 2022:

Germany (11.6K cubic meters)
Belgium (7.7K cubic meters)
Poland (3.0K cubic meters)
Lithuania (2.2K cubic meters)
France (0.9K cubic meters)
Estonia (0.6K cubic meters)
Czech Republic (0.4K cubic meters)

Plywood Exports in Luxembourg

After three years of growth, shipments abroad of plywood decreased by -29.2% to 904 cubic meters in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 42%. Over the period under review, the exports reached the peak figure at 1.3K cubic meters in 2021, and then dropped markedly in the following year.

In value terms, plywood exports reduced dramatically to $876K in 2022. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 61%. The exports peaked at $1.1M in 2021, and then fell markedly in the following year.

Export of Plywood in Luxembourg (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	N/A	50.1	257	719	278.8%
France	216	295	385	79.7	-28.3%
Belgium	141	268	339	66.3	-22.2%
Germany	9.9	48.8	74.5	11.2	4.2%
Others	45.8	0.1	N/A	N/A	-99.8%
Total	413	662	1,055	876	28.5%

Top Export Markets for Plywood from Luxembourg in 2022:

Turkey (635.0 cubic meters)
France (134.0 cubic meters)
Belgium (110.0 cubic meters)
Germany (25.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plywood market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1640 - Plywood

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023