Vietnam - Industrial Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Vietnam - Industrial Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Industrial Roundwood (Coniferous) Price in Vietnam - 2022

Contents:

  1. Industrial Roundwood (Coniferous) Price in Vietnam (CIF) - 2021
  2. Industrial Roundwood (Coniferous) Price in Vietnam (FOB) - 2022
  3. Industrial Roundwood (Coniferous) Imports in Vietnam
  4. Industrial Roundwood (Coniferous) Exports in Vietnam

Industrial Roundwood (Coniferous) Price in Vietnam (CIF) - 2021

In December 2021, the average industrial roundwood (coniferous) import price amounted to $92.5 per cubic meter, rising by 2.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in April 2021 when the average import price increased by 27% month-to-month. As a result, import price attained the peak level of $105 per cubic meter. From May 2021 to December 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Japan ($158 per cubic meter), while the price for China ($67.3 per cubic meter) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Industrial Roundwood (Coniferous) Price in Vietnam (FOB) - 2022

In 2022, the average industrial roundwood (coniferous) export price amounted to $205 per cubic meter, declining by -73.4% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 435%. As a result, the export price reached the peak level of $772 per cubic meter, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($976 per cubic meter), while the average price for exports to Taiwan (Chinese) ($163 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+84.6%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Roundwood (Coniferous) Imports in Vietnam

In 2022, approx. 446K cubic meters of industrial roundwood (coniferous) were imported into Vietnam; surging by 7.3% compared with the year before. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, industrial roundwood (coniferous) imports expanded significantly to $36M in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 97% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Industrial Roundwood (Coniferous) in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.85.47.222.179.8%
Japan0.72.43.23.774.2%
Australia0.20.915.51.6100.0%
BelgiumN/A0.20.41.0123.6%
New Zealand1.01.60.10.7-11.2%
Denmark0.80.60.60.5-14.5%
South Africa0.20.10.10.426.0%
Others4.55.75.95.88.8%
Total11.216.732.935.747.2%

Top Suppliers of Industrial Roundwood (Coniferous) to Vietnam in 2022:

  1. United States (310.0K cubic meters)
  2. Japan (26.1K cubic meters)
  3. Australia (21.9K cubic meters)
  4. New Zealand (11.6K cubic meters)
  5. Belgium (8.5K cubic meters)
  6. South Africa (6.8K cubic meters)
  7. Denmark (5.3K cubic meters)

Industrial Roundwood (Coniferous) Exports in Vietnam

In 2022, exports of industrial roundwood (coniferous) from Vietnam surged to 1.9K cubic meters, with an increase of 282% on the previous year. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 818% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, industrial roundwood (coniferous) exports reached $396K in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,052% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Industrial Roundwood (Coniferous) in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)17.01671.3233139.3%
China0.329.888.3131658.7%
South Korea0.26.514.931.2438.3%
ItalyN/AN/A143N/A0%
Others0.1N/A143N/A3681.5%
Total17.6203390396182.3%

Top Export Markets for Industrial Roundwood (Coniferous) from Vietnam in 2022:

  1. Taiwan (Chinese) (1432.0 cubic meters)
  2. China (463.0 cubic meters)
  3. South Korea (32.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial roundwood (coniferous) market in Vietnam. 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 -

Country coverage:

  • Vietnam

Data coverage:

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