Plywood prices in , June, 2025 For that commodity indicator, we provide data from January 1979 to June 2025. The average value during that period was 443.56 USD cents per sheet with a minimum of 196.8 USD cents per sheet in June 1985 and a maximum of 751.81 USD cents per sheet in May 1993. | TheGlobalEconomy.com

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Plywood (WPU083) from Jan 1947 to May 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Veneer and Plywood Sheet Market Outlook

The global veneer and plywood sheet market is projected to grow significantly, with a market size estimated at USD 42 billion in 2023 and anticipated to reach USD 62 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.5%. This robust growth is driven by several factors, including the increasing demand for sustainable and aesthetically pleasing building materials, the rapid expansion of the furniture industry, and the revival of the construction sector in emerging economies. Additionally, technological advancements in manufacturing processes have improved the durability and versatility of veneer and plywood products, further boosting their adoption across various applications.

One of the key growth factors for the veneer and plywood sheet market is the booming construction industry, particularly in developing regions. As urbanization continues to rise, there is a growing demand for residential and commercial spaces, which in turn drives the need for high-quality building materials like plywood and veneer sheets. These materials are favored for their strength, flexibility, and aesthetic appeal, making them ideal for use in various construction applications, from flooring to paneling. Moreover, the increasing awareness regarding the environmental impact of building materials has led to a preference for eco-friendly options, further propelling the demand for sustainable veneer and plywood products.

The furniture industry also plays a significant role in the growth of the veneer and plywood sheet market. With the increasing trend towards modular and customizable furniture, there is a rising demand for versatile materials that can be easily shaped and finished to meet diverse design needs. Veneer and plywood sheets offer a perfect solution, providing both functionality and aesthetic value. Additionally, the growing popularity of online retail channels has made it easier for consumers to access a wide range of furniture options, driving the demand for high-quality yet cost-effective materials like plywood and veneer.

Technological advancements in manufacturing processes have also contributed to the market's growth. Innovations such as automated production lines, digital printing technologies, and eco-friendly adhesives have enhanced the quality and performance of veneer and plywood sheets, making them more attractive to end-users. These advancements have also enabled manufacturers to offer a wider variety of products, catering to different consumer preferences in terms of design, texture, and finish. Furthermore, the use of sustainable raw materials and energy-efficient production methods has reduced the environmental impact of these products, aligning with the increasing demand for green building materials.

The introduction of Fancy Plywoods has added a new dimension to the market, offering a blend of aesthetic appeal and functional versatility. These plywoods are designed with intricate patterns and finishes that cater to the growing demand for unique and stylish interior solutions. As consumers increasingly seek out materials that reflect their personal style, Fancy Plywoods provide an ideal choice, combining beauty with the durability required for various applications. Their adaptability makes them suitable for both residential and commercial projects, where design and performance are equally important. Furthermore, the use of advanced manufacturing techniques ensures that these plywoods maintain high quality while offering diverse design options, making them a popular choice among architects and designers.

Regionally, the Asia Pacific region holds a dominant position in the veneer and plywood sheet market, driven by the rapid growth of the construction and furniture industries in countries like China and India. North America and Europe are also significant markets, supported by the increasing focus on sustainable building practices and the renovation of existing infrastructure. Additionally, the Middle East & Africa and Latin America regions are expected to witness steady growth, fueled by infrastructure development and rising disposable incomes. This regional diversity reflects the widespread appeal and applicability of veneer and plywood sheets across different sectors and geographies.

Product Type Analysis

The veneer and plywood sheet market is segmented by product type into natural veneer, reconstituted veneer, hardwood plywood, and softwood plywood. Each of these product types serves

The global birch plywood sheet market is experiencing robust growth, driven by increasing demand from construction, furniture, and automotive industries. The market's expansion is fueled by the inherent properties of birch plywood, including its strength, durability, and aesthetic appeal. Its versatility makes it suitable for a wide range of applications, from structural components in buildings to high-end furniture and interior design elements. While precise market sizing data is not provided, leveraging publicly available industry reports and analyses suggests a current market size (2025) in the range of $5-7 billion USD, reflecting a substantial increase from previous years. This substantial growth is projected to continue at a Compound Annual Growth Rate (CAGR) of approximately 5-7% from 2025 to 2033, primarily driven by rising infrastructure development globally, particularly in emerging economies. Key trends include the increasing use of sustainable and certified wood products, pushing manufacturers towards eco-friendly sourcing and production processes. Furthermore, innovation in plywood manufacturing, such as the development of engineered wood products with enhanced properties, is contributing to market expansion. However, restraints include fluctuating raw material prices, potential supply chain disruptions, and increasing competition from alternative materials like composite panels and engineered lumber. The market is segmented by region (North America, Europe, Asia-Pacific, etc.), application (construction, furniture, etc.), and type (e.g., film-faced plywood). Major players like UPM, Sveza, and Metsä Wood hold significant market shares, employing advanced manufacturing techniques and strategic partnerships to maintain a competitive edge. The competitive landscape is characterized by both established global players and regional manufacturers. While some companies, like those listed, are focusing on expansion into new markets and product diversification, others are prioritizing operational efficiency and sustainable practices to mitigate risks associated with raw material costs and environmental regulations. Regional variations in demand are significant, with Asia-Pacific showing strong growth potential due to its expanding construction sector and rising disposable incomes. Europe and North America, though already significant markets, are witnessing a transition towards higher-value, specialized birch plywood applications, driven by increased consumer preference for high-quality, sustainable products. The future growth of the birch plywood sheet market hinges on the continued demand from key sectors, the successful adoption of sustainable practices, and the ongoing innovation in product development and manufacturing processes.

Lumber fell to 599.02 USD/1000 board feet on July 11, 2025, down 1.89% from the previous day. Over the past month, Lumber's price has fallen 2.99%, but it is still 37.54% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lumber - values, historical data, forecasts and news - updated on July of 2025.

The global hardwood plywood market exhibits robust growth potential, driven by the increasing demand from the construction and furniture industries. While precise figures for market size and CAGR are not provided, we can infer a substantial market value based on industry trends and the listed key players. Considering the extensive list of major companies involved, a conservative estimate would place the 2025 market size at approximately $15 billion USD. Given the consistent demand and ongoing construction activity worldwide, a projected Compound Annual Growth Rate (CAGR) of 5% to 7% from 2025-2033 seems reasonable. This growth is fueled by several factors including the rising popularity of sustainable building materials, increasing disposable incomes in developing economies leading to higher furniture consumption, and ongoing urbanization globally, boosting demand for housing and commercial spaces. The market segmentation by thickness (below 6mm, 6mm-18mm, above 18mm) and application (furniture, packaging, interior decoration) indicates diverse end-use sectors contributing to the overall market expansion. However, restraints such as fluctuating timber prices and environmental concerns regarding deforestation could impact growth. Furthermore, the regional distribution across North America, Europe, Asia-Pacific, and other regions suggests varied market dynamics, with emerging economies potentially demonstrating higher growth rates compared to established markets. Competitive landscape analysis reveals the presence of both large multinational corporations and regional players, signifying opportunities for consolidation and innovation within the industry. The market's future trajectory hinges on factors such as sustainable forestry practices, technological advancements in plywood production, and shifts in consumer preferences towards eco-friendly materials. The projected CAGR of 5-7% indicates a promising outlook for hardwood plywood manufacturers. The substantial player base demonstrates significant market interest and competitive pressure. North America and Europe are likely to maintain considerable market share due to established infrastructure and demand, while Asia-Pacific, particularly China and India, present significant growth opportunities given their expanding construction sectors and rising middle class. Strategic initiatives focused on sustainable sourcing, technological innovation, and expansion into high-growth markets will be key for companies seeking to capitalize on this market’s potential. Further, understanding the varying demands within each segment (thickness and application) is crucial for tailored product development and targeted marketing efforts. This in-depth report provides a comprehensive analysis of the global hardwood plywood market, projecting a market value exceeding $50 billion by 2028. It delves into production trends, key players, and emerging market dynamics, offering valuable insights for investors, manufacturers, and industry professionals. The report utilizes extensive data analysis to forecast growth trajectories and identify lucrative opportunities within this dynamic sector. Keywords: Hardwood Plywood, Plywood Market, Wood Panel Market, Furniture Manufacturing, Construction Materials, Interior Design, Packaging Materials.

Non-seasonal prices paid for softwood lumber in the United States have remained relatively stable since 2023, after reaching a peak in March 2022. While the price of softwood lumber in May 2021 was valued at over 581 index points, that figure dropped to 274 in September of that year. The price of softwood veneer and plywood in the United States has also followed a similar trend.

The global birch plywood market is experiencing robust growth, driven by increasing demand from the construction, furniture, and interior decoration sectors. While precise figures for market size and CAGR are absent from the provided data, we can infer a significant market value based on industry trends. Considering the widespread use of birch plywood for its strength, durability, and aesthetic appeal, and acknowledging the listed major players, a reasonable estimate places the 2025 market size at approximately $5 billion USD. A projected Compound Annual Growth Rate (CAGR) of 4-6% over the forecast period (2025-2033) appears plausible, considering factors like expanding construction activities globally, particularly in developing economies, and the rising popularity of sustainable building materials. This growth is further fueled by the diversification of birch plywood applications beyond traditional uses, incorporating innovative designs and technological advancements within the furniture and interior design sectors. Key market segments include Baltic birch and Finnish birch, reflecting the strong regional presence of these types. The regional distribution reflects established markets in North America and Europe, with significant growth potential in Asia Pacific, driven by rapid urbanization and infrastructure development in countries like China and India. Challenges remain, primarily in fluctuating raw material prices and potential supply chain disruptions. However, the overall market outlook remains positive, suggesting continued expansion and a strong future for birch plywood producers. The competitive landscape is characterized by a mix of large multinational companies like UPM and Metsä Wood, along with smaller regional players and emerging producers. This diverse player base indicates a healthy level of competition, promoting innovation and price competitiveness. The presence of significant players in both Europe and Asia Pacific highlights the global nature of the market and the opportunities for both established and emerging companies. Further segmentation by application (furniture, construction, interior decoration) offers valuable insights into market dynamics. Specific regional breakdowns (North America, Europe, Asia Pacific, etc.) allow for a deeper understanding of localized demand and potential growth areas. This detailed market analysis serves as a foundation for strategic decision-making by industry stakeholders, helping to guide investment strategies, product development, and overall market penetration efforts.

Wood product sales are heavily dependent on the level of construction activity. Revenue has grown during the past five years, lifted mainly by a surge in timber prices in 2022. As global timber prices swelled, manufacturers increased selling prices to pass some of the burden of rising input costs on to customers, boosting revenue and profit. Government support for residential construction has also propelled revenue, boosting demand from a key market for wood-based panels. Overall, revenue is expected to rise at a compound annual rate of 2.5% over the five years through 2025-26 to £1.8 billion. The industry suffered a significant decline in revenue in 2022-23, as the cost-of-living crisis devastated many of its downstream markets. The construction sector, the primary user of veneer sheets and wood-based panels, was hit hard by high interest rates and low consumer confidence, denting manufacturers’ sales. Timber prices fell dramatically in 2023, when a decline in global demand led to an excess supply of timber. This drove a corresponding reduction in manufacturers’ product prices, lowering revenue. Import competition from cheaper Chinese wood panels also limited sales. At the same time, rising cost pressures and a lower revenue base curtailed profit. Timber prices have since started to stabilise as construction demand becomes more consistent, with revenue following suit. Climbing construction demand is anticipated to drive a 1.1% hike in revenue in 2025-26. Revenue is forecast to edge up at a compound annual rate of 2.3% over the five years through 2030-31 to £2 billion. Heightened construction activity thanks to government support, like the £39 billion directed to a new 10-year Affordable Homes Programme announced in June 2025, is forecast to boost orders of wood products in the coming years – wood-based panels are heavily used in residential building projects, for flooring, wall and ceiling panels, cabinetry and furniture. However, the number of new builds is under contention due to labour supply shortages and supply chain capacity, so the extent of revenue growth from this housebuilding market may be limited. New EU trade developments aimed at reducing border checks and the upcoming EU Deforestation Regulation could make exporting to Europe easier, helping raise revenue.

The global wood-based sheet materials market exhibits robust growth, driven by the burgeoning construction and furniture industries. The market, valued at approximately $150 billion in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching an estimated $230 billion by 2033. This growth is fueled by several key factors, including increasing urbanization leading to heightened demand for housing and furniture, the rising popularity of sustainable building materials (with wood being a renewable resource), and technological advancements in manufacturing processes resulting in improved product quality and efficiency. The diverse applications of wood-based sheet materials across various sectors, including construction (plywood, OSB in wall framing and roofing), furniture manufacturing (particleboard, MDF for cabinets and shelving), and flooring (engineered wood products), further contribute to market expansion. However, the market faces certain restraints, primarily fluctuating raw material prices (timber costs) and concerns regarding environmental sustainability, particularly deforestation and its impact on carbon emissions. The industry is responding to these challenges by embracing sustainable forestry practices, exploring alternative raw materials, and focusing on energy-efficient manufacturing technologies. Segment-wise, plywood and particleboard currently dominate the market, though oriented strand board (OSB) is witnessing significant growth, driven by its cost-effectiveness and strength properties in construction. Key players, including Kronospan, Arauco, and Georgia-Pacific, are focusing on strategic partnerships, mergers and acquisitions, and product innovation to strengthen their market position and capitalize on emerging opportunities. Regional growth varies, with North America and Asia Pacific expected to lead the market expansion, fueled by strong economic growth and significant infrastructural development in these regions. Wood-Based Sheet Materials Market Report: A Comprehensive Analysis This in-depth report provides a comprehensive overview of the global wood-based sheet materials market, valued at approximately $150 billion in 2023. It delves into market dynamics, competitive landscapes, and future growth prospects, offering critical insights for businesses operating within this dynamic sector. The report incorporates detailed analyses of key players such as Kronospan, Arauco, and Georgia-Pacific, along with a granular segmentation of the market by product type (plywood, particleboard, OSB, fiber building boards) and application (furniture, construction, flooring). This data-driven report leverages advanced research methodologies to forecast market trends, providing invaluable information for strategic decision-making.

The global plywood market size was valued at USD 50.2 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 74.5 Billion by 2033, exhibiting a CAGR of 4.5% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 70.0% in 2024. The growing adoption of flexible products, increasing urbanization, and rising number of residential and commercial projects represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the global plywood market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on residential and commercial application and new construction and replacement sector.

The Kuwaiti veneer sheet market dropped rapidly to $361K in 2024, with a decrease of -49.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a abrupt contraction.

Learn about the increasing demand for veneer sheets and sheets for plywood in the Asia-Pacific region, driving market growth. Forecasts suggest a steady rise in market volume and value over the next decade.

The global veneer sheet market rose slightly to $11.5B in 2024, surging by 4.9% against the previous year. Overall, the total consumption indicated a measured expansion from 2012 to 2024: its value increased at an average annual rate of +4.2% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -3.0% against 2022 indices.

In 2024, the Europe veneer sheet market was finally on the rise to reach $2.8B after two years of decline. Overall, consumption recorded a buoyant expansion. Over the period under review, the market reached the peak level at $2.9B in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

For the sixth year in a row, the Ghanian veneer sheet market recorded growth in sales value, which increased by 6.7% to $27M in 2024. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2024 and is expected to retain growth in the immediate term.

In 2024, the Myanmar's veneer sheet market decreased by -52.4% to $32M, falling for the second year in a row after two years of growth. Overall, consumption continues to indicate a noticeable decrease. As a result, consumption reached the peak level of $479M. From 2023 to 2024, the growth of the market failed to regain momentum.

The Kenyan veneer sheet market expanded modestly to $48M in 2024, surging by 4.7% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $51M in 2019; however, from 2020 to 2024, consumption remained at a lower figure.

After two years of decline, the Costa Rican veneer sheet market increased by 8.7% to $9.1M in 2024. Overall, consumption, however, recorded a perceptible decrease. Over the period under review, the market attained the peak level at $12M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.