Market research

Veneer sheets market in Bhutan

Veneer sheets market in Bhutan

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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Earlier Report Observations

The market for veneer sheets in Bhutan experienced a severe contraction between 2018 and 2021, with its volume plummeting from 167 thousand m³ to 17 thousand m³. This steep decline was directly tied to a near-total collapse in import volumes, which fell from 151 thousand m³ to just over 1 thousand m³ over the same span.

A moderate recovery took shape from 2022, as imports began to increase again. This lifted the market size to 27 thousand m³ in 2022 and further to 34 thousand m³ in 2023. Throughout this entire period, domestic production remained unchanged at 16 thousand m³ annually.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2018-2023
        2. 4.1.1.2. Imports, 2018-2025
        3. 4.1.1.3. Exports, 2018-2025
        4. 4.1.1.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Bhutan
      1. 5.1.1. Annual dynamics of production in Bhutan in kind, 2018-2023, m³
      2. 5.1.2. Annual dynamics of production in Bhutan in value, 2018-2023, $ US
    2. 5.2. Global production by Country, 2018-2023
      1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, m³
      2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
      3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, m³
      4. 5.2.4. Structure of production by countries in kind, 2018-2023
      5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
  6. 6. Imports
    1. 6.1. Imports (Direct Data*)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, K m³
        1. 6.1.2.1. Annual dynamics of product's imports to Bhutan in kind, 2018-2025, K m³
        2. 6.1.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2025, K m³
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
      3. 6.1.3. Imports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2025, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2025, K $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
      4. 6.1.4. Average price of product's imports, $ US/K m³
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Bhutan, 2018-2025, $ US/K m³
        2. 6.1.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2025, $ US/K m³
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, K m³
        1. 6.2.2.1. Annual dynamics of product's imports to Bhutan in kind, 2018-2025, K m³
        2. 6.2.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2025, K m³
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
      3. 6.2.3. Imports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2025, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2025, K $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
      4. 6.2.4. Average price of product's imports, $ US/K m³
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Bhutan, 2018-2025, $ US/K m³
        2. 6.2.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2025, $ US/K m³
  7. 7. Exports
    1. 7.1. Exports (Direct Data*)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, K m³
        1. 7.1.2.1. Annual dynamics of product's exports from Bhutan in kind, 2018-2025, K m³
        2. 7.1.2.2. Dynamics of product's exports in kind from Bhutan by countries, 2018-2025, K m³
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
      3. 7.1.3. Exports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Bhutan in value, 2018-2025, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Bhutan by countries, 2018-2025, K $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
      4. 7.1.4. Average price of product's exports, $ US/K m³
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Bhutan, 2018-2025, $ US/K m³
        2. 7.1.4.2. Dynamics of average price of product's exports from Bhutan by countries, 2018-2025, $ US/K m³
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, K m³
        1. 7.2.2.1. Annual dynamics of product's exports from Bhutan in kind, 2018-2025, K m³
        2. 7.2.2.2. Dynamics of product's exports in kind from Bhutan by countries, 2018-2025, K m³
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
      3. 7.2.3. Exports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Bhutan in value, 2018-2025, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Bhutan by countries, 2018-2025, K $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
      4. 7.2.4. Average price of product's exports, $ US/K m³
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Bhutan, 2018-2025, $ US/K m³
        2. 7.2.4.2. Dynamics of average price of product's exports from Bhutan by countries, 2018-2025, $ US/K m³
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, K m³
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, K m³
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2025
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production veneer sheets in Bhutan

In kind, 2018-2021, m³

Top producers of veneer sheets, 2018-2021

Source: SHEV.io

World map of production of veneer sheets, 2018-2021

Source: SHEV.io

Veneer sheets production in Bhutan declined for the second consecutive year. In 2021, Bhutan produced 15 971 m³ of veneer sheets, which remained virtually unchanged compared to 2020. The largest increase was recorded in 2019 at 0.0%, while the largest decline occurred in 2020 at 0.1%.

Annual dynamics of production in Bhutan in kind, 2018-2021, m³

Parameter201920202021CAGR
1Change from last year-(0.1%)(0.1%)(0.1%)
Source: SHEV.io

Exports veneer sheets from Bhutan

Exports in kind, K m³

Annual dynamics of product's exports from Bhutan in kind, 2018-2021, K m³

Parameter201920202021CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

From 2018 to 2021, India was the key and almost exclusive market for Bhutan's veneer sheets exports in kind, accounting for 100.0% of total flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bhutan in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Annual dynamics of product's exports from Bhutan in value, 2018-2021, K $ US

Parameter201920202021CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

Between 2018 and 2021, virtually all veneer sheets exports from Bhutan in value terms were linked to India, with its share reaching 100.0% of total flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bhutan in value, 2018-2021

Source: SHEV.io

Imports veneer sheets to Bhutan

Imports in kind, K m³

Veneer sheets imports into Bhutan declined for the third consecutive year. In 2021, Bhutan imported 1.1 K m³ of veneer sheets, representing a sharp fall of 96.1% compared to 2020. Over the period from 2018 to 2021, imports decreased by 99.3%, with a compound annual growth rate (CAGR) of 80.5%.

Annual dynamics of product's imports to Bhutan in kind, 2018-2021, K m³

Parameter201920202021CAGR
1Change from last year(60.2%)(52.3%)(96.1%)(80.5%)
Source: SHEV.io

From 2018 to 2021, imports in kind of veneer sheets to Bhutan were almost entirely concentrated in India, which accounted for 93.7% of the total.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Bhutan in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Veneer sheets imports into Bhutan declined for the third consecutive year. In 2021, imports amounted to 2.1 K US dollars, showing a steep decline of 95.8% compared to 2020. Over the period from 2018 to 2021, imports decreased by 98.7%, with a compound annual growth rate (CAGR) of 76.3%.

Annual dynamics of product's imports to Bhutan in value, 2018-2021, K $ US

Parameter201920202021CAGR
1Change from last year(30.3%)(54.8%)(95.8%)(76.3%)
Source: SHEV.io

Throughout 2018 to 2021, imports in value terms were heavily focused on India, which accounted for 95.7% of total flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Bhutan in value, 2018-2021

Source: SHEV.io

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