Thailand - Non-Coniferous Wood In Chips Or Particles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Non-Coniferous Wood In Chips Or Particles - Market Analysis, Forecast, Size, Trends And Insights

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Chipped Non-Coniferous Wood Price in Thailand - 2023

Contents:

  1. Chipped Non-Coniferous Wood Price in Thailand (FOB) - 2023
  2. Chipped Non-Coniferous Wood Price in Thailand (CIF) - 2023
  3. Chipped Non-Coniferous Wood Exports in Thailand
  4. Chipped Non-Coniferous Wood Imports in Thailand

Chipped Non-Coniferous Wood Price in Thailand (FOB) - 2023

In July 2023, the average chipped non-coniferous wood export price amounted to $37.6 per cubic meter, waning by -14.4% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 21% month-to-month. As a result, the export price attained the peak level of $54.0 per cubic meter. From December 2022 to July 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was China ($47.6 per cubic meter), while the average price for exports to Taiwan (Chinese) ($28.9 per cubic meter) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+0.3%), while the prices for the other major destinations experienced a decline.

Chipped Non-Coniferous Wood Price in Thailand (CIF) - 2023

The average chipped non-coniferous wood import price stood at $20.3 per cubic meter in July 2023, with an increase of 18% against the previous month. Overall, the import price continues to indicate a perceptible expansion. The pace of growth appeared the most rapid in March 2023 an increase of 1,073% m-o-m. As a result, import price reached the peak level of $139 per cubic meter. From April 2023 to July 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Cambodia.

From July 2022 to July 2023, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +12.7% per month.

Chipped Non-Coniferous Wood Exports in Thailand

In 2022, chipped non-coniferous wood exports from Thailand surged to 9.9M cubic meters, rising by 59% on 2021 figures. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 62%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, chipped non-coniferous wood exports soared to $417M in 2022. Overall, exports continue to indicate a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chipped Non-Coniferous Wood in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11668.995.617514.7%
Japan10760.675.51173.0%
Lao People's Democratic Republic31.537.867.584.639.0%
Taiwan (Chinese)N/AN/A2.925.8789.7%
Indonesia5.4N/AN/A15.040.6%
Others0.2N/AN/AN/A0%
Total26016724141717.1%

Top Export Markets for Chipped Non-Coniferous Wood from Thailand in 2022:

  1. China (3.6M cubic meters)
  2. Lao People's Democratic Republic (2.9M cubic meters)
  3. Japan (2.5M cubic meters)
  4. Taiwan (Chinese) (0.6M cubic meters)
  5. Indonesia (0.3M cubic meters)

Chipped Non-Coniferous Wood Imports in Thailand

In 2022, supplies from abroad of non-coniferous wood in chips or particles decreased by -19.5% to 126K cubic meters for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 138% against the previous year. As a result, imports attained the peak of 156K cubic meters, and then fell remarkably in the following year.

In value terms, chipped non-coniferous wood imports declined to $1.6M in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 98% against the previous year. Over the period under review, imports hit record highs at $1.8M in 2021, and then reduced in the following year.

Import of Chipped Non-Coniferous Wood in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore3694351,20880929.9%
CambodiaN/A37646860827.2%
Lao People's Democratic Republic41.921.111.726.5-14.2%
Others141256134132-2.2%
Total5511,0891,8221,57541.9%

Top Suppliers of Chipped Non-Coniferous Wood to Thailand in 2022:

  1. Singapore (95.5K cubic meters)
  2. Cambodia (28.2K cubic meters)
  3. Lao People's Democratic Republic (1.9K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chipped non-coniferous wood market in Thailand. 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:

  • Prodcom 16102305 - Non-coniferous wood in chips or particles

Country coverage:

  • Thailand

Data coverage:

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