Plywood Market Overview in Pakistan
In value terms, plywood production dropped modestly to $ in estimated in export prices. Over the period under review, production recorded a perceptible curtailment. The growth pace was the most rapid in 2016 when the production volume increased by % y-o-y. Plywood production peaked at $ in 2017; however, from 2018 to , production stood at a somewhat lower figure.
The value of the plywood market in Pakistan dropped to $ in , shrinking by -% 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, however, saw a mild curtailment. The pace of growth was the most pronounced in 2016 with an increase of % against the previous year. Plywood consumption peaked at $ in 2017; however, from 2018 to , consumption failed to regain the momentum.