Woodworking Industry News

Vietnam replaces China as top foreign supplier in veneer and plywood market

According to a new report from IndexBox,, the hardwood veneer and plywood market in the U.S. stood at $4.9 billion in 2019, which was  9.1 percent less than the year before. This figure reflects the total revenue of producers and importers (excluding logistics costs, taxes, and tariffs, which will be included in the final consumer price). Over the last five years, it increased gradually, driven by rising construction.