Hong Kong SAR, China - Sawnwood (Non-Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSawnwood (Non-Coniferous) Price in Hong Kong SAR - 2023
Contents:
- Sawnwood (Non-Coniferous) Price in Hong Kong SAR (CIF) - 2023
- Sawnwood (Non-Coniferous) Price in Hong Kong SAR (FOB) - 2022
- Sawnwood (Non-Coniferous) Imports in Hong Kong SAR
- Sawnwood (Non-Coniferous) Exports in Hong Kong SAR
Sawnwood (Non-Coniferous) Price in Hong Kong SAR (CIF) - 2023
The average sawnwood (non-coniferous) import price stood at $1,046 per cubic meter in August 2023, picking up by 18% against the previous month. Overall, the import price posted a measured increase. The pace of growth was the most pronounced in June 2023 when the average import price increased by 99% against the previous month. As a result, import price reached the peak level of $1,913 per cubic meter; afterwards, it flattened through to August 2023.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was Malaysia ($1,150 per cubic meter), while the price for China ($832 per cubic meter) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sawnwood (Non-Coniferous) Price in Hong Kong SAR (FOB) - 2022
In 2022, the average sawnwood (non-coniferous) export price amounted to $444 per cubic meter, surging by 19% against the previous year. In general, the export price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of 52% against the previous year. The export price peaked at $1,258 per cubic meter in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($818 per cubic meter), while the average price for exports to Macao SAR amounted to $306 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.
Sawnwood (Non-Coniferous) Imports in Hong Kong SAR
In 2022, approx. 21K cubic meters of sawnwood (non-coniferous) were imported into Hong Kong SAR; with an increase of 71% on 2021 figures. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 156%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, sawnwood (non-coniferous) imports surged to $19M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 149% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Sawnwood (Non-Coniferous) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.1 | 1.7 | 5.5 | 13.1 | 61.7% |
| Thailand | N/A | N/A | 1.7 | 3.3 | 94.1% |
| Brazil | 0.1 | N/A | 0.1 | 0.8 | 100.0% |
| China | 1.8 | 1.5 | 1.6 | 0.6 | -30.7% |
| Indonesia | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Others | 1.0 | 0.5 | 0.6 | 0.4 | -26.3% |
| Total | 6.3 | 3.9 | 9.8 | 18.6 | 43.5% |
Top Suppliers of Sawnwood (Non-Coniferous) to Hong Kong SAR in 2022:
- Malaysia (14.3K cubic meters)
- Thailand (3.7K cubic meters)
- China (1.1K cubic meters)
- Brazil (0.9K cubic meters)
- Indonesia (0.3K cubic meters)
Sawnwood (Non-Coniferous) Exports in Hong Kong SAR
In 2022, approx. 1.3K cubic meters of sawnwood (non-coniferous) were exported from Hong Kong SAR; picking up by 8.3% against the year before. Overall, exports, however, continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. The exports peaked at 3.2K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, sawnwood (non-coniferous) exports soared to $569K in 2022. Over the period under review, exports, however, faced a precipitous curtailment. Over the period under review, the exports hit record highs at $3.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Sawnwood (Non-Coniferous) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 636 | 366 | 335 | 286 | -23.4% |
| China | 2,796 | 347 | 79.9 | 283 | -53.4% |
| Others | 22.1 | 23.4 | 26.6 | N/A | 9.7% |
| Total | 3,455 | 736 | 442 | 569 | -45.2% |
Top Export Markets for Sawnwood (Non-Coniferous) from Hong Kong SAR in 2022:
- Macao SAR (935.0 cubic meters)
- China (346.0 cubic meters)
This report provides an in-depth analysis of the sawnwood (non-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 1633 - Sawnwood, non-coniferous all
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
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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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