ASEAN: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in ASEAN

The ASEAN coniferous roundwood market reduced to $X in 2022, falling by X% against the previous year. Overall, consumption saw a strong expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Coniferous Roundwood Production in ASEAN

In value terms, coniferous roundwood production declined to $X in 2022 estimated in export price. The total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Coniferous Roundwood Exports

Exports in ASEAN

In 2022, approx. X cubic meters of roundwood (coniferous) were exported in ASEAN; declining by X% against the year before. In general, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at X cubic meters in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, coniferous roundwood exports declined rapidly to $X in 2022. Overall, exports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia represented the main exporting country with an export of about X cubic meters, which amounted to X% of total exports. Lao People's Democratic Republic (X cubic meters) held the second position in the ranking, followed by Vietnam (X cubic meters) and Malaysia (X cubic meters). All these countries together took approx. X% share of total exports. Myanmar (X cubic meters) took a little share of total exports.

Indonesia was also the fastest-growing in terms of the roundwood (coniferous) exports, with a CAGR of X% from 2012 to 2022. Vietnam experienced a relatively flat trend pattern. Lao People's Democratic Republic (X%), Malaysia (X%) and Myanmar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia, Vietnam and Lao People's Democratic Republic increased by X, X and X percentage points, respectively.

In value terms, Indonesia ($X) emerged as the largest coniferous roundwood supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a X% share of total exports. It was followed by Vietnam, with an X% share.

In Indonesia, coniferous roundwood exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Lao People's Democratic Republic (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per cubic meter, with an increase of X% against the previous year. In general, the export price showed a temperate expansion. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Myanmar ($X per cubic meter), while Lao People's Democratic Republic ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (X%), while the other leaders experienced more modest paces of growth.

Coniferous Roundwood Imports

Imports in ASEAN

In 2022, approx. X cubic meters of roundwood (coniferous) were imported in ASEAN; stabilizing at the previous year. In general, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, coniferous roundwood imports surged to $X in 2022. Overall, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Vietnam dominates imports structure, resulting at X cubic meters, which was near X% of total imports in 2022. The following importers - the Philippines (X cubic meters) and Thailand (X cubic meters) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to coniferous roundwood imports into Vietnam stood at X%. At the same time, the Philippines (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam and the Philippines increased by X and X percentage points, respectively.

In value terms, Vietnam ($X) constitutes the largest market for imported roundwood (coniferous) in ASEAN, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports.

In Vietnam, coniferous roundwood imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and the Philippines (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per cubic meter, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per cubic meter), while the Philippines ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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