Australia - Industrial Roundwood - Market Analysis, Forecast, Size, Trends and Insights
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Australia - Industrial Roundwood - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Feb 16, 2023

Industrial Roundwood Price in Australia Falls Significantly to $101 per Cubic Meter

Australia Industrial Roundwood Export Price in November 2022

In November 2022, the industrial roundwood price stood at $101 per cubic meter (FOB, Australia), reducing by -46.4% against the previous month. Overall, the export price showed a mild descent. The most prominent rate of growth was recorded in August 2022 an increase of 114% against the previous month. As a result, the export price reached the peak level of $236 per cubic meter. From September 2022 to November 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($268 per cubic meter), while the average price for exports to India ($80.5 per cubic meter) was amongst the lowest.

From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+42.8%), while the prices for the other major destinations experienced more modest paces of growth.

Australia Industrial Roundwood Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was industrial roundwood ($253 per cubic meter), while the average price for exports of industrial roundwood (coniferous) stood at $82.8 per cubic meter.

From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for the following types: industrial roundwood (non-coniferous) (+9.4%).

Australia Industrial Roundwood Exports

In November 2022, industrial roundwood exports from Australia surged to 45K cubic meters, increasing by 584% against the previous month. In general, exports enjoyed noticeable growth. The exports peaked at 105K cubic meters in May 2022; however, from June 2022 to November 2022, the exports failed to regain momentum.

In value terms, industrial roundwood exports surged to $4.5M (IndexBox estimates) in November 2022. Over the period under review, exports showed a slight increase. The exports peaked at 12M cubic meters in June 2022; however, from July 2022 to November 2022, the exports failed to regain momentum.

Australia Industrial Roundwood Exports by Type

Industrial roundwood (coniferous) (40K cubic meters) was the largest type of industrial roundwood exported from Australia, accounting for a 89% share of total exports. Moreover, industrial roundwood (coniferous) exceeded the volume of the second product type, industrial roundwood (4.7K cubic meters), eightfold.

From January 2022 to November 2022, the average monthly rate of growth in terms of the volume of export of industrial roundwood (coniferous) stood at +12.0%.

In value terms, industrial roundwood (coniferous) ($3.3M) emerged as the largest type of industrial roundwood exported from Australia, comprising 74% of total exports. The second position in the ranking was taken by industrial roundwood ($1.2M), with a 26% share of total exports.

From January 2022 to November 2022, the average monthly rate of growth in terms of the export volume of industrial roundwood (coniferous) amounted to +5.6%.

Australia Industrial Roundwood Exports by Country

India (36K cubic meters) was the main destination for industrial roundwood exports from Australia, accounting for a 80% share of total exports. Moreover, industrial roundwood exports to India exceeded the volume sent to the second major destination, South Korea (4.2K cubic meters), eightfold. New Zealand (1.9K cubic meters) ranked third in terms of total exports with a 4.3% share.

From January 2022 to November 2022, the average monthly rate of growth in terms of volume to India stood at +25.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: South Korea (-8.5% per month) and New Zealand (+24.9% per month).

In value terms, India ($2.9M) emerged as the key foreign market for industrial roundwood exports from Australia, comprising 64% of total exports. The second position in the ranking was taken by South Korea ($564K), with a 13% share of total exports. It was followed by New Zealand, with an 8.8% share.

From January 2022 to November 2022, the average monthly growth rate of value to India stood at +17.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: South Korea (-9.6% per month) and New Zealand (+78.4% per month).

Factors Affecting Industrial Roundwood Prices

There are a number of factors that influence the price of industrial roundwood in Australia. The most important is the availability of timber, which is determined by a number of factors including the rate of tree growth, deforestation and logging restrictions. Other important factors include transport costs, fuel costs and demand from overseas markets.

The demand for wood products has been growing steadily in recent years, due to population growth and the development of new markets such as China. This has put pressure on the supply of timber, as forests are being harvested at an ever-increasing rate. In addition, the area of forest that is available for harvesting is decreasing due to land clearing for agriculture and urban development.

Type of wood is an important consideration when determining the industrial roundwood price in Australia. For example, hardwoods such as jarrah and oak are typically more expensive than softwoods such as pine. This is due to the fact that hardwoods are more difficult to source and process.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial roundwood market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1866 -
  • FCL 1867 -

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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Free Data: Industrial Roundwood - Australia