Asia-Pacific: Market for Saw Logs And Veneer Logs (Coniferous) 2024

Market Size for Saw Logs And Veneer Logs (Coniferous) in Asia-Pacific

The Asia-Pacific market for saw logs and veneer logs (coniferous) declined to $X in 2023, shrinking by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Coniferous) in Asia-Pacific

In value terms, production of saw logs and veneer logs (coniferous) reached $X in 2023 estimated in export price. The total production indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production of growth failed to regain momentum.

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Exports of Saw Logs And Veneer Logs (Coniferous)

Exports in Asia-Pacific

For the fourth consecutive year, Asia-Pacific recorded decline in overseas shipments of saw logs and veneer logs (coniferous), which decreased by X% to X cubic meters in 2023. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of saw logs and veneer logs (coniferous) reduced to $X in 2023. Total exports indicated a tangible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

New Zealand dominates (coniferous) structure, resulting at X cubic meters, which was near X% of total exports in 2023. The following exporters - Japan (X cubic meters) and Australia (X cubic meters) - together made up X% of total exports.

New Zealand experienced a relatively flat trend pattern with regard to volume of exports of saw logs and veneer logs (coniferous). At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, Australia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of New Zealand and Japan increased by X and X percentage points, respectively.

In value terms, New Zealand ($X) remains the largest saw logs and veneer logs (coniferous) supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in New Zealand stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Australia (X% per year).

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per cubic meter, with a decrease of X% against the previous year. Export price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per cubic meter in 2022, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per cubic meter), while New Zealand ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports in Asia-Pacific

Imports of saw logs and veneer logs (coniferous) contracted to X cubic meters in 2023, waning by X% compared with 2022 figures. In general, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2017 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of saw logs and veneer logs (coniferous) declined sharply to $X in 2023. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

China was the key importer of saw logs and veneer logs (coniferous) in Asia-Pacific, with the volume of imports reaching X cubic meters, which was near X% of total imports in 2023. Japan (X cubic meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (X%) and India (X%).

Imports into China decreased at an average annual rate of X% from 2012 to 2023. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, Japan (X%) and South Korea (X%) illustrated a downward trend over the same period. While the share of India (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Japan (X p.p.) and South Korea (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported saw logs and veneer logs (coniferous) in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by South Korea, with an X% share.

In China, imports of saw logs and veneer logs (coniferous) remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per cubic meter in 2023, with a decrease of X% against the previous year. Overall, the import price, however, showed a tangible increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per cubic meter in 2022, and then declined in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in China ($X per cubic meter) and India ($X per cubic meter), while Japan ($X per cubic meter) and South Korea ($X per cubic meter) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform