Vietnam - Saw Logs And Veneer Logs (Non-Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 6, 2024

Vietnam - Saw Logs And Veneer Logs (Non-Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Price for Saw Logs and Veneer Logs (Non-Coniferous) in Vietnam - 2022

Contents:

  1. Price for Saw Logs and Veneer Logs (Non-Coniferous) in Vietnam (CIF) - 2022
  2. Price for Saw Logs and Veneer Logs (Non-Coniferous) in Vietnam (FOB) - 2022
  3. Imports of Saw Logs and Veneer Logs (Non-Coniferous) in Vietnam
  4. Exports of Saw Logs and Veneer Logs (Non-Coniferous) in Vietnam

Price for Saw Logs and Veneer Logs (Non-Coniferous) in Vietnam (CIF) - 2022

In December 2022, the average import price for saw logs and veneer logs (non-coniferous) amounted to $287 per cubic meter, approximately mirroring the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in January 2022 an increase of 32% month-to-month. As a result, import price reached the peak level of $293 per cubic meter. From February 2022 to December 2022, 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 2022, the country with the highest price was Brazil ($301 per cubic meter), while the price for Uruguay ($167 per cubic meter) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Saw Logs and Veneer Logs (Non-Coniferous) in Vietnam (FOB) - 2022

In December 2022, the average export price for saw logs and veneer logs (non-coniferous) amounted to $179 per cubic meter, falling by -7.5% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 an increase of 28% m-o-m. As a result, the export price reached the peak level of $212 per cubic meter. From May 2022 to December 2022, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In December 2022, the country with the highest price was India ($205 per cubic meter), while the average price for exports to Hong Kong SAR ($162 per cubic meter) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs and Veneer Logs (Non-Coniferous) in Vietnam

For the fourth consecutive year, Vietnam recorded growth in overseas purchases of saw logs and veneer logs (non-coniferous), which increased by 5.8% to 1.7M cubic meters in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 214%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of saw logs and veneer logs (non-coniferous) soared to $500M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Saw Logs and Veneer Logs (Non-Coniferous) in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo59.240.039.882.011.5%
France49.846.750.881.517.8%
United States66.968.058.766.7-0.1%
Nigeria21.719.524.936.619.0%
Germany42.629.227.128.2-12.8%
Belgium10.16.55.911.85.3%
Uruguay8.510.010.810.57.3%
Australia4.311.44.67.017.6%
Ghana13.29.37.06.2-22.3%
Angola12.32.24.86.2-20.4%
Others164138130163-0.2%
Total4523813655003.4%

Top Suppliers of Saw Logs and Veneer Logs (Non-Coniferous) to Vietnam in 2022:

  1. France (274.8K cubic meters)
  2. United States (230.6K cubic meters)
  3. Congo (127.8K cubic meters)
  4. Nigeria (121.7K cubic meters)
  5. Uruguay (62.7K cubic meters)
  6. Germany (35.6K cubic meters)
  7. Australia (28.5K cubic meters)
  8. Angola (20.7K cubic meters)
  9. Ghana (20.6K cubic meters)
  10. Belgium (18.3K cubic meters)

Exports of Saw Logs and Veneer Logs (Non-Coniferous) in Vietnam

Exports of saw logs and veneer logs (non-coniferous) from Vietnam soared to 12K cubic meters in 2022, growing by 101% against the previous year's figure. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 232%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of saw logs and veneer logs (non-coniferous) surged to $2.2M in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 358% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Saw Logs and Veneer Logs (Non-Coniferous) in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China80.2113617978130.2%
IndiaN/A33.0N/A607328.9%
Hong Kong SAR91.77.235648273.9%
Taiwan (Chinese)30724.038.358.7-42.4%
South Korea7.74.6N/A35.566.4%
BangladeshN/AN/AN/A30.80%
Others22.440.04.57.1-31.8%
Total5092221,0162,19962.9%

Top Export Markets for Saw Logs and Veneer Logs (Non-Coniferous) from Vietnam in 2022:

  1. China (5.8K cubic meters)
  2. Hong Kong SAR (3.0K cubic meters)
  3. India (2.8K cubic meters)
  4. Taiwan (Chinese) (0.3K cubic meters)
  5. Bangladesh (0.2K cubic meters)
  6. South Korea (0.2K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for saw logs and veneer logs (non-coniferous) 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 1603 - Pulpwood, round and split, non-coniferous (production)
  • FCL 1604 - Sawlogs and veneer logs, non-coniferous
  • FCL 1626 - Other industrial roundwood, non-coniferous (production)

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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