Asia: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Asia

The Asian market for saw logs and veneer logs declined modestly to $X in 2023, therefore, remained relatively stable against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs in Asia

In value terms, saw logs and veneer logs production reached $X in 2023 estimated in export price. Over the period under review, production saw a slight contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

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Exports of Saw Logs And Veneer Logs

Exports in Asia

In 2023, the amount of saw logs and veneer logs exported in Asia contracted modestly to X cubic meters, shrinking by X% compared with the previous year. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X cubic meters in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs exports rose slightly to $X in 2023. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Japan (X cubic meters) represented the main exporter of saw logs and veneer logs, achieving X% of total exports. It was distantly followed by Malaysia (X cubic meters) and India (X cubic meters), together creating a X% share of total exports. The following exporters - Cambodia (X cubic meters), Lao People's Democratic Republic (X cubic meters) and Kyrgyzstan (X cubic meters) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to saw logs and veneer logs exports from Japan stood at X%. At the same time, Kyrgyzstan (X%), India (X%), Cambodia (X%) and Lao People's Democratic Republic (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. By contrast, Malaysia (X%) illustrated a downward trend over the same period. Japan (X p.p.), Malaysia (X p.p.), India (X p.p.), Cambodia (X p.p.), Lao People's Democratic Republic (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest saw logs and veneer logs supplying countries in Asia were Japan ($X), Malaysia ($X) and India ($X), together comprising X% of total exports. Lao People's Democratic Republic, Cambodia and Kyrgyzstan lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Kyrgyzstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Asia amounted to $X per cubic meter, with an increase of X% against the previous year. Over the period under review, the export price recorded a perceptible expansion. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2019 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per cubic meter), while Kyrgyzstan ($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 Lao People's Democratic Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Saw Logs And Veneer Logs

Imports in Asia

In 2023, approx. X cubic meters of saw logs and veneer logs were imported in Asia; which is down by X% against 2022 figures. Over the period under review, imports recorded a perceptible contraction. The growth pace was the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of X cubic meters. From 2017 to 2023, the growth of imports failed to regain momentum.

In value terms, saw logs and veneer logs imports shrank dramatically to $X in 2023. Overall, imports continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

China prevails in imports structure, accounting for X cubic meters, which was near X% of total imports in 2023. Japan (X cubic meters) held the second position in the ranking, followed by South Korea (X cubic meters) and India (X cubic meters). All these countries together took near X% share of total imports. Vietnam (X cubic meters) and Lao People's Democratic Republic (X cubic meters) followed a long way behind the leaders.

Imports into China decreased at an average annual rate of X% from 2012 to 2023. At the same time, Lao People's Democratic Republic (X%), India (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. By contrast, Japan (X%) and South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of India, Lao People's Democratic Republic and Vietnam increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual growth rate of value in China amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Asia stood at $X per cubic meter in 2023, dropping by X% against the previous year. Import price indicated a slight 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 pace of growth was the most pronounced in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per cubic meter in 2022, and then contracted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Vietnam ($X per cubic meter), while Lao People's Democratic Republic ($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 South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform