Malaysia - Sawnwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Malaysia - Sawnwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Sawnwood (Coniferous) Price in Malaysia - 2021

Contents:

  1. Sawnwood (Coniferous) Price in Malaysia (CIF) - 2021
  2. Sawnwood (Coniferous) Price in Malaysia (FOB) - 2021
  3. Sawnwood (Coniferous) Imports in Malaysia
  4. Sawnwood (Coniferous) Exports in Malaysia

Sawnwood (Coniferous) Price in Malaysia (CIF) - 2021

The average sawnwood (coniferous) import price stood at $314 per cubic meter in December 2021, flattening at the previous month. Over the last twelve months, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in January 2021 an increase of 45% against the previous month. Over the period under review, average import prices reached the maximum at $316 per cubic meter in March 2021; however, from April 2021 to December 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the countries with the highest prices were Finland ($327 per cubic meter) and Canada ($325 per cubic meter), while the price for Ukraine ($306 per cubic meter) and Chile ($306 per cubic meter) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Finland (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Sawnwood (Coniferous) Price in Malaysia (FOB) - 2021

In December 2021, the average sawnwood (coniferous) export price amounted to $317 per cubic meter, approximately equating the previous month. Over the last twelve months, it increased at an average monthly rate of +4.1%. The most prominent rate of growth was recorded in January 2021 an increase of 51% m-o-m. Over the period under review, the average export prices attained the peak figure at $341 per cubic meter in September 2021; however, from October 2021 to December 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In December 2021, the highest price was recorded for prices to Indonesia ($350 per cubic meter) and New Zealand ($350 per cubic meter), while the average price for exports to Maldives ($263 per cubic meter) and Singapore ($304 per cubic meter) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports in Malaysia

In 2022, after three years of growth, there was decline in purchases abroad of sawnwood (coniferous), when their volume decreased by -3.7% to 283K cubic meters. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 7.2% against the previous year. As a result, imports reached the peak of 294K cubic meters, and then declined modestly in the following year.

In value terms, sawnwood (coniferous) imports reached $96M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Sawnwood (Coniferous) in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand17.013.126.121.48.0%
Brazil0.91.57.615.4157.7%
Australia8.57.810.111.09.0%
Chile1.95.16.510.576.8%
Canada4.33.47.89.228.9%
Sweden5.95.45.45.2-4.1%
Ukraine2.71.54.93.812.1%
Germany0.71.92.93.469.4%
Lithuania3.73.45.93.1-5.7%
United States2.82.63.11.9-12.1%
Finland2.45.03.51.8-9.1%
United Kingdom4.11.1N/AN/A-73.2%
Others3.97.08.29.434.1%
Total58.658.991.996.218.0%

Top Suppliers of Sawnwood (Coniferous) to Malaysia in 2022:

  1. New Zealand (59.7K cubic meters)
  2. Brazil (48.9K cubic meters)
  3. Australia (34.3K cubic meters)
  4. Chile (29.8K cubic meters)
  5. Canada (28.2K cubic meters)
  6. Sweden (15.5K cubic meters)
  7. Ukraine (12.1K cubic meters)
  8. Germany (10.3K cubic meters)
  9. Lithuania (9.4K cubic meters)
  10. United States (6.0K cubic meters)
  11. Finland (5.5K cubic meters)

Sawnwood (Coniferous) Exports in Malaysia

In 2022, approx. 32K cubic meters of sawnwood (coniferous) were exported from Malaysia; jumping by 60% against the previous year's figure. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sawnwood (coniferous) exports soared to $10M in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 76%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Sawnwood (Coniferous) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand18610377.96,497226.9%
Singapore3,4882,3244,0692,870-6.3%
China39.70.910.620572.8%
Philippines45.943.324.018057.7%
Maldives16113748.0108-12.5%
New Zealand139N/A1,18666.3-21.9%
United Arab Emirates440618271N/A-21.5%
Oman371N/A41.4N/A-66.6%
Others14222835924319.6%
Total5,0133,4546,08810,17126.6%

Top Export Markets for Sawnwood (Coniferous) from Malaysia in 2022:

  1. Thailand (20.1K cubic meters)
  2. Singapore (9.3K cubic meters)
  3. Philippines (0.7K cubic meters)
  4. China (0.6K cubic meters)
  5. Maldives (0.4K cubic meters)
  6. New Zealand (0.2K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sawnwood (coniferous) market in Malaysia. 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:

  • Malaysia

Data coverage:

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