Canada: Veneer Sheet Market 2024

Veneer Sheet Market Size in Canada

In 2022, the Canadian veneer sheet market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption continues to indicate a relatively flat trend pattern. Veneer sheet consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Veneer Sheet Production in Canada

In value terms, veneer sheet production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Veneer sheet production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Veneer Sheet Exports

Exports from Canada

In 2022, after two years of growth, there was significant decline in shipments abroad of veneer sheets and sheets for plywood and other wood sawn lengthwise, when their volume decreased by X% to X square meters. In general, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X square meters, and then declined significantly in the following year.

In value terms, veneer sheet exports stood at $X in 2022. Overall, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X square meters) was the main destination for veneer sheet exports from Canada, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%.

In value terms, the United States ($X) also remains the key foreign market for veneer sheets and sheets for plywood and other wood sawn lengthwise exports from Canada.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%.

Export Prices by Country

In 2022, the average veneer sheet export price amounted to $X per square meter, with an increase of X% against the previous year. In general, the export price, however, recorded a slight setback. The export price peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Veneer Sheet Imports

Imports into Canada

In 2022, supplies from abroad of veneer sheets and sheets for plywood and other wood sawn lengthwise increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, imports saw a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, veneer sheet imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, the United States (X square meters) constituted the largest veneer sheet supplier to Canada, with a X% share of total imports. Moreover, veneer sheet imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X square meters), more than tenfold. Finland (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Finland (X% per year).

In value terms, the United States ($X) constituted the largest supplier of veneer sheets and sheets for plywood and other wood sawn lengthwise to Canada, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average veneer sheet import price amounted to $X per square meter, with an increase of X% against the previous year. Over the period under review, the import price, however, faced a deep reduction. Over the period under review, average import prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for Finland ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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