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China - Sawnwood - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Apr 20, 2024

Import of Sawnwood From China Plummets to $6.6 Billion in 2023

China Sawnwood Imports

In 2023, sawnwood imports into China dropped markedly to 27M cubic meters, falling by -25.6% compared with the year before. In general, imports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2017 with an increase of 77%. Over the period under review, imports reached the maximum at 49M cubic meters in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, sawnwood imports reduced notably to $6.6B (IndexBox estimates) in 2023. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when imports increased by 26%. Over the period under review, imports reached the peak figure at $10.1B in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure. China Sawnwood Imports By Country (Million USD)

COUNTRY	Import Value of Sawnwood in China (million USD)
COUNTRY	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Russia	1,362	1,558	1,778	2,324	2,974	3,269	3,233	2,795	3,044	5,303	2,647
Thailand	864	1,018	1,032	1,271	1,522	1,407	1,038	951	1,018	989	1,084
United States	1,077	1,451	1,356	1,452	1,708	1,652	824	774	901	1,080	779
Gabon	105	161	223	166	231	304	264	242	229	251	204
Finland	103	112	159	227	393	298	276	195	179	238	185
Germany	117	147	108	92.4	119	116	191	219	189	196	181
Belarus	0.2	0.5	1.4	1.6	5.6	12.3	51.6	105	107	138	162
Canada	1,548	1,508	1,111	893	1,031	956	890	566	453	177	105
Indonesia	162	236	193	220	271	272	130	99.9	48.2	57.9	60.9
Others	1,488	1,895	1,544	1,492	1,813	1,845	1,694	1,699	1,687	1,429	1,185
Total	6,826	8,086	7,505	8,138	10,066	10,131	8,592	7,645	7,856	9,859	6,594

Imports by Country

In 2023, Russia (13M cubic meters) constituted the largest supplier of sawnwood to China, accounting for a 49% share of total imports. Moreover, sawnwood imports from Russia exceeded the figures recorded by the second-largest supplier, Thailand (4.5M cubic meters), threefold. The third position in this ranking was taken by the United States (1.2M cubic meters), with a 4.6% share.

From 2013 to 2023, the average annual growth rate of volume from Russia stood at +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+9.0% per year) and the United States (-7.8% per year).

In value terms, Russia ($2.6B) constituted the largest supplier of sawnwood to China, comprising 40% of total imports. The second position in the ranking was taken by Thailand ($1.1B), with a 16% share of total imports. It was followed by the United States, with a 12% share.

From 2013 to 2023, the average annual rate of growth in terms of value from Russia totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+2.3% per year) and the United States (-3.2% per year).

Imports by Type

Sawnwood (coniferous) (17M cubic meters) and sawnwood (non-coniferous) (9.7M cubic meters) were the main products of sawnwood imports to China.

From 2013 to 2023, the biggest increases were recorded for sawnwood (non-coniferous) (with a CAGR of +2.7%).

In value terms, sawnwood with the largest imports in China were sawnwood (coniferous) ($3.4B) and sawnwood (non-coniferous) ($3.2B).

Import Prices by Country

In 2023, the sawnwood price amounted to $247 per cubic meter (CIF, China), which is down by -10.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 31% against the previous year. As a result, import price reached the peak level of $296 per cubic meter. From 2017 to 2023, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($630 per cubic meter), while the price for the Philippines ($76 per cubic meter) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Canada (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sawnwood market in China. 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 1632 - Sawnwood, coniferous
FCL 1633 - Sawnwood, non-coniferous all

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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

China - Sawnwood - Market Analysis, Forecast, Size, Trends and Insights

Import of Sawnwood From China Plummets to $6.6 Billion in 2023

China Sawnwood Imports

Imports by Country

Imports by Type

Import Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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