Singapore - Saw Logs And Veneer Logs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Saw Logs and Veneer Logs in Singapore - 2022
Contents:
- Price for Saw Logs and Veneer Logs in Singapore (CIF) - 2022
- Price for Saw Logs and Veneer Logs in Singapore (FOB) - 2022
- Imports of Saw Logs and Veneer Logs in Singapore
- Exports of Saw Logs and Veneer Logs in Singapore
Price for Saw Logs and Veneer Logs in Singapore (CIF) - 2022
The average import price for saw logs and veneer logs stood at $497 per cubic meter in 2022, dropping by -20.6% against the previous year. Overall, the import price showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 1,525%. As a result, import price attained the peak level of $7,754 per cubic meter. From 2018 to 2022, 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 Indonesia ($965 per cubic meter), while the price for New Zealand ($66 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+16.4%), while the prices for the other major suppliers experienced a decline.
Price for Saw Logs and Veneer Logs in Singapore (FOB) - 2022
The average export price for saw logs and veneer logs stood at $120 per cubic meter in 2022, with an increase of 45% against the previous year. Overall, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 480%. The export price peaked at $1,452 per cubic meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,590 per cubic meter), while the average price for exports to Malaysia ($147 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 China (+36.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Saw Logs and Veneer Logs in Singapore
Saw logs and veneer logs imports into Singapore shrank significantly to 5.5K cubic meters in 2022, declining by -24% against the year before. Over the period under review, imports showed a dramatic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 152% against the previous year. Imports peaked at 19K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, saw logs and veneer logs imports contracted remarkably to $2.7M in 2022. Overall, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year. As a result, imports reached the peak of $4.5M, and then declined remarkably in the following year.
| Import of Saw Logs and Veneer Logs in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 735 | 723 | 947 | 1,973 | 39.0% |
| India | 2.7 | N/A | 1,071 | 483 | 463.5% |
| Canada | N/A | N/A | N/A | 95.1 | 0% |
| Brazil | 6.4 | N/A | N/A | 67.1 | 118.9% |
| China | 302 | 27.3 | 1,639 | 29.6 | -53.9% |
| New Zealand | 517 | 0.9 | 60.5 | 24.2 | -64.0% |
| Nigeria | 808 | 1,618 | 762 | N/A | -2.9% |
| Colombia | 59.1 | N/A | N/A | N/A | 0% |
| Myanmar | 687 | N/A | N/A | N/A | 0% |
| Ghana | 524 | N/A | N/A | N/A | 0% |
| Others | 305 | 1.5 | 47.1 | 59.1 | -42.1% |
| Total | 3,948 | 2,371 | 4,527 | 2,731 | -11.6% |
Top Suppliers of Saw Logs and Veneer Logs to Singapore in 2022:
- Indonesia (2044.0 cubic meters)
- India (1148.0 cubic meters)
- Brazil (975.0 cubic meters)
- China (444.0 cubic meters)
- New Zealand (367.0 cubic meters)
- Canada (343.0 cubic meters)
Exports of Saw Logs and Veneer Logs in Singapore
After three years of growth, overseas shipments of saw logs and veneer logs decreased by -66.6% to 49K cubic meters in 2022. Over the period under review, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 164%. As a result, the exports attained the peak of 145K cubic meters, and then fell remarkably in the following year.
In value terms, saw logs and veneer logs exports contracted remarkably to $5.8M in 2022. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 137%. As a result, the exports reached the peak of $12M, and then fell markedly in the following year.
| Export of Saw Logs and Veneer Logs in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 2.0 | 4.0 | 0.8 | -34.1% |
| Malaysia | N/A | N/A | N/A | 0.5 | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.1 | 0% |
| Japan | N/A | N/A | N/A | 0.1 | 0% |
| Vietnam | 0.1 | N/A | 0.1 | N/A | 0.0% |
| India | 1.8 | 2.7 | 7.9 | N/A | 109.5% |
| Others | 0.1 | 0.3 | N/A | 4.4 | 253.0% |
| Total | 4.7 | 5.1 | 12.0 | 5.8 | 7.3% |
Top Export Markets for Saw Logs and Veneer Logs from Singapore in 2022:
- Malaysia (3.2K cubic meters)
- Taiwan (Chinese) (0.5K cubic meters)
- China (0.5K cubic meters)
- Vietnam (0.2K cubic meters)
- Japan (0.2K cubic meters)
This report provides an in-depth analysis of the market for saw logs and veneer logs in Singapore. 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 1601 - Sawlogs and veneer logs, coniferous
- FCL 1602 - Pulpwood, round and split, coniferous (production)
- FCL 1623 - Other industrial roundwood, coniferous (production)
- 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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