Market research

Veneer sheets market in Eswatini

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The veneer sheets market in Eswatini experienced a dramatic contraction between 2018 and 2023, with market volume falling from 193.8 thousand m³ to just 7.8 thousand m³—a decline of over 95%. This drop was almost entirely attributable to a steep reduction in imports, which plummeted from 197.5 thousand m³ to 6.8 thousand m³ over the same period. Domestic production remained unchanged at a minimal level of 1.0 thousand m³ each year, playing a negligible role in overall market dynamics.

By 2023, imports had fallen to a fraction of their former volume, and exports—which were never significant—ceased entirely after 2019. Preliminary data for 2024 shows a rebound in imports to 29.1 thousand m³, though full market size figures for that year are not yet available. The market's extreme reliance on imported veneer sheets made it highly sensitive to changes in trade flows.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
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, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Eswatini
  1. 5.1.1. Annual dynamics of production in Eswatini in kind, 2018-2023, m³
  2. 5.1.2. Annual dynamics of production in Eswatini 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. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's exports from Eswatini in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's exports in kind from Eswatini by countries, 2018-2024, K m³
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Eswatini in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Eswatini by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/K m³
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Eswatini, 2018-2024, $ US/K m³
    2. 6.1.4.2. Dynamics of average price of product's exports from Eswatini by countries, 2018-2024, $ US/K m³
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's exports from Eswatini in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's exports in kind from Eswatini by countries, 2018-2024, K m³
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Eswatini in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Eswatini by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/K m³
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Eswatini, 2018-2024, $ US/K m³
    2. 6.2.4.2. Dynamics of average price of product's exports from Eswatini by countries, 2018-2024, $ US/K m³
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's imports to Eswatini in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's imports in kind to Eswatini by countries, 2018-2024, K m³
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Eswatini in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Eswatini by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/K m³
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Eswatini, 2018-2024, $ US/K m³
    2. 7.1.4.2. Dynamics of average price of product's imports to Eswatini by countries, 2018-2024, $ US/K m³
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's imports to Eswatini in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's imports in kind to Eswatini by countries, 2018-2024, K m³
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Eswatini in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Eswatini by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/K m³
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Eswatini, 2018-2024, $ US/K m³
    2. 7.2.4.2. Dynamics of average price of product's imports to Eswatini by countries, 2018-2024, $ US/K m³
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. Top buying and selling countries, 2018-2024
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 Eswatini

In kind, 2017-2020, m³

Top producers of veneer sheets, 2017-2020

Source: SHEV.io

World map of production of veneer sheets, 2017-2020

Source: SHEV.io

In 2020, Eswatini produced 1,000 m³ of veneer sheets, showing no significant change from the previous year. The largest decline was recorded in 2018 at 0.0%, while the largest increase also occurred in 2018 at 0.0%.

Annual dynamics of production in Eswatini in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

Exports veneer sheets from Eswatini

Exports in kind, K m³

Veneer sheet exports from Eswatini declined for the second consecutive year. In 2019, exports stood at 0.8 K m³, reflecting a steep drop of 84.0% compared to the prior year. Between 2017 and 2019, exports decreased by 94.7%, equating to an annualized rate of 62.5%.

Annual dynamics of product's exports from Eswatini in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(66.9%)	(84.0%)	n/a	-

Source: SHEV.io

From 2017 to 2020, South Africa dominated the partner structure of exports in kind, consistently accounting for 100.0% of total flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Eswatini in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Exports reached their maximum in 2018, then fell to their lowest point in 2019, with a 102-fold difference between these years. In 2019, veneer sheet shipments from Eswatini amounted to 0.1 K US dollars, which is 99.0% lower than in 2018. The maximum value was recorded in 2018 at 10.2 K US dollars, with the largest increase also in 2018 at 4.7%.

Annual dynamics of product's exports from Eswatini in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.7%	(99.0%)	n/a	-

Source: SHEV.io

From 2017 to 2020, dependence on South Africa was pronounced, as this market accounted for 100.0% of total exports in value terms for veneer sheets from Eswatini.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Eswatini in value, 2017-2020

Source: SHEV.io

Imports veneer sheets to Eswatini

Imports in kind, K m³

Eswatini's veneer sheet imports declined for the third consecutive year. In 2020, imports totaled 63.1 K m³, which is 44.5% lower than the previous year. Over the period 2017-2020, imports decreased by 69.5%, with a compound annual growth rate (CAGR) of -32.7%.

Annual dynamics of product's imports to Eswatini in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(4.7%)	(42.4%)	(44.5%)	(32.7%)

Source: SHEV.io

From 2017 to 2020, the partner base for imports in kind was extremely narrow, with South Africa alone responsible for 100.0% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Eswatini in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After a two-year drop, Eswatini's veneer sheet import volume increased. In 2020, imports amounted to 183.6 K US dollars, up by 50.7% compared to 2019. Over the period 2017-2020, imports increased by 13.3%, with a CAGR of 4.3%. The minimum value was recorded in 2019 at 121.9 K US dollars, while the largest decline occurred in 2018 at 14.2%.

Annual dynamics of product's imports to Eswatini in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(14.2%)	(12.3%)	50.7%	4.3%

Source: SHEV.io

From 2017 to 2020, South Africa was the almost exclusive supplier of veneer sheets to Eswatini, accounting for 100.0% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Eswatini in value, 2017-2020

Source: SHEV.io