Hong Kong SAR, China - Sawnwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSawnwood (Coniferous) Price in Hong Kong SAR - 2023
Contents:
- Sawnwood (Coniferous) Price in Hong Kong SAR (CIF) - 2023
- Sawnwood (Coniferous) Price in Hong Kong SAR (FOB) - 2022
- Sawnwood (Coniferous) Imports in Hong Kong SAR
- Sawnwood (Coniferous) Exports in Hong Kong SAR
Sawnwood (Coniferous) Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average sawnwood (coniferous) import price amounted to $328 per cubic meter, increasing by 13% against the previous month. Overall, the import price, however, continues to indicate a mild setback. Over the period under review, average import prices reached the peak figure at $395 per cubic meter in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were Canada ($344 per cubic meter) and Romania ($286 per cubic meter), while the price for Croatia ($267 per cubic meter) and Sweden ($267 per cubic meter) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sawnwood (Coniferous) Price in Hong Kong SAR (FOB) - 2022
The average sawnwood (coniferous) export price stood at $359 per cubic meter in 2022, picking up by 5% against the previous year. In general, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood (coniferous) export price increased by +77.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 69%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Macao SAR ($380 per cubic meter) and Taiwan (Chinese) ($356 per cubic meter), while the average price for exports to China ($281 per cubic meter) and Mauritius ($284 per cubic meter) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sawnwood (Coniferous) Imports in Hong Kong SAR
After three years of growth, overseas purchases of sawnwood (coniferous) decreased by -34% to 64K cubic meters in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports attained the peak of 96K cubic meters, and then dropped notably in the following year.
In value terms, sawnwood (coniferous) imports contracted sharply to $24M in 2022. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. As a result, imports attained the peak of $31M, and then fell sharply in the following year.
| Import of Sawnwood (Coniferous) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 13.2 | 12.8 | 20.7 | 19.8 | 14.5% |
| China | N/A | 0.1 | 5.5 | 1.2 | 246.4% |
| Germany | 0.2 | 0.7 | 1.2 | 0.9 | 65.1% |
| Austria | 0.1 | 0.7 | 0.3 | 0.6 | 81.7% |
| Latvia | 0.1 | 0.2 | 0.5 | 0.4 | 58.7% |
| United States | 0.9 | 0.5 | 0.1 | N/A | -66.7% |
| Ukraine | 0.3 | 0.5 | 0.9 | N/A | 73.2% |
| Others | 1.1 | 0.6 | 1.6 | 1.2 | 2.9% |
| Total | 15.9 | 16.3 | 31.0 | 24.2 | 15.0% |
Top Suppliers of Sawnwood (Coniferous) to Hong Kong SAR in 2022:
- Canada (50.8K cubic meters)
- China (3.6K cubic meters)
- Germany (2.6K cubic meters)
- Austria (1.9K cubic meters)
- Latvia (1.1K cubic meters)
- United States (0.1K cubic meters)
Sawnwood (Coniferous) Exports in Hong Kong SAR
Sawnwood (coniferous) exports from Hong Kong SAR declined markedly to 1.2K cubic meters in 2022, shrinking by -60.5% compared with the year before. In general, exports continue to indicate a sharp shrinkage. The smallest decline of -19% was in 2020. The exports peaked at 8.5K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, sawnwood (coniferous) exports shrank rapidly to $418K in 2022. Overall, exports saw a dramatic downturn. The smallest decline of -20.1% was in 2020. The exports peaked at $1.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Sawnwood (Coniferous) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 853 | 1,000 | 937 | 281 | -30.9% |
| Taiwan (Chinese) | N/A | N/A | N/A | 81.4 | 0% |
| Mauritius | 41.6 | 46.4 | 64.1 | 42.0 | 0.3% |
| China | 139 | N/A | 4.5 | 12.6 | -55.1% |
| Philippines | 164 | 344 | N/A | N/A | 109.8% |
| Oman | 544 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,741 | 1,391 | 1,006 | 418 | -37.8% |
Top Export Markets for Sawnwood (Coniferous) from Hong Kong SAR in 2022:
- Macao SAR (741.0 cubic meters)
- Taiwan (Chinese) (229.0 cubic meters)
- Mauritius (148.0 cubic meters)
- China (45.0 cubic meters)
This report provides an in-depth analysis of the sawnwood (coniferous) market in Hong Kong SAR, 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
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, 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.
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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
-
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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