Asia: Pine Wood Market 2020

Pine Wood Market Size in Asia

The revenue of the pine wood market in Asia amounted to $X in 2017, coming up by X% against the previous year. The total market indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the pine wood consumption increased by +X% against 2010 indices. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. Over the period under review, the pine wood market reached its maximum level in 2017, and is expected to retain its growth in the near future.

Pine Wood Production in Asia

In 2017, pine wood production in Asia totaled X cubic meters, picking up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. Over the period under review, the pine wood production reached its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Pine Wood Exports in Asia

In 2017, exports of pine wood in Asia stood at X cubic meters, growing by X% against the previous year. The pine wood exports continue to indicate a moderate shrinkage. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the pine wood exports attained its peak figure volume of X cubic meters in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, pine wood exports amounted to $X in 2017. The pine wood exports continue to indicate a measured decrease. In that year, the pine wood exports attained their peak level of $X. From 2014 to 2017, growth of the pine wood exports failed to regain its momentum.

Pine Wood Exports by Country in Asia

In 2017, China (X cubic meters) was the largest exporter for pine wood, comprising X% of total exports. It was distantly followed by the United Arab Emirates (X cubic meters), Japan (X cubic meters) and South Korea (X cubic meters), together making up X% share of total exports. Kazakhstan (X cubic meters), Taiwan, Chinese (X cubic meters), Malaysia (X cubic meters), Turkey (X cubic meters) and the Philippines (X cubic meters) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Kazakhstan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest pine wood markets worldwide were China ($X), Japan ($X) and the United Arab Emirates ($X), with a combined X% share of total exports. These countries were followed by South Korea, Taiwan, Chinese, Malaysia, Turkey, Kazakhstan and the Philippines, which together accounted for a further X%.

Kazakhstan (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Pine Wood Export Prices by Country in Asia

The pine wood export price in Asia stood at $X per cubic meter in 2017, approximately reflecting the previous year. The pine wood export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when the export prices increased by X% against the previous year. In that year, the export prices for pine wood attained their peak level of $X per cubic meter. From 2009 to 2017, growth of the export prices for pine wood stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per cubic meter), while Kazakhstan ($X per cubic meter) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Pine Wood Imports in Asia

The imports stood at X cubic meters in 2017, leveling off at the previous year. The pine wood imports continue to indicate a prominent growth. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. Over the period under review, the pine wood imports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, pine wood imports amounted to $X in 2017. The total imports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the pine wood imports increased by +X% against 2015 indices. Over the period under review, the pine wood imports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Pine Wood Imports by Country in Asia

In 2017, China (X cubic meters) represented the major importer for pine wood, generating X% of total imports. It was distantly followed by Japan (X cubic meters) and South Korea (X cubic meters), together comprising X% share of total imports. Saudi Arabia (X cubic meters), Iran (X cubic meters), Taiwan, Chinese (X cubic meters), the United Arab Emirates (X cubic meters), Azerbaijan (X cubic meters) and Turkey (X cubic meters) followed a long way behind the leaders.

China was also the fastest growing in terms of the pine wood imports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%), Azerbaijan (+X%), Saudi Arabia (+X%) and Turkey (+X%) displayed positive paces of growth. Iran, Taiwan, Chinese and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. While the share of Japan (X%) increased significantly in terms of the global imports from 2007-2017, the share of Saudi Arabia (-X%), South Korea (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported pine wood in Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and South Korea (+X% per year).

Pine Wood Import Prices by Country in Asia

The pine wood import price in Asia stood at $X per cubic meter in 2017, approximately equating the previous year. The pine wood import price continues to indicate a mild deduction. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. Over the period under review, the import prices for pine wood reached its peak figure level of $X per cubic meter in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per cubic meter), while Iran ($X per cubic meter) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform