Asia: Sawnwood (Coniferous) Market Overview 2020

Sawnwood (Coniferous) Market Size in Asia

In 2019, the Asian sawnwood (coniferous) market increased by X% to $X, rising for the third consecutive year after three years of decline. The total consumption indicated a remarkable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 when the market value increased by X% year-to-year. The level of consumption peaked in 2019 and is likely to see gradual growth in years to come.

Sawnwood (Coniferous) Production in Asia

In value terms, sawnwood (coniferous) production rose modestly to $X in 2019 estimated in export prices. The total production indicated pronounced growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% year-to-year. The level of production peaked at $X in 2013; however, from 2014 to 2019, production failed to regain the momentum.

Production By Country in Asia

China (X cubic meters) remains the largest sawnwood (coniferous) producing country in Asia, comprising approx. X% of total volume. Moreover, sawnwood (coniferous) production in China exceeded the figures recorded by the second-largest producer, Bangladesh (X cubic meters), twofold. Japan (X cubic meters) ranked third in terms of total production with a X% share.

In China, sawnwood (coniferous) production expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Bangladesh (+X% per year) and Japan (-X% per year).

Sawnwood (Coniferous) Exports

Exports in Asia

In 2019, the amount of sawnwood (coniferous) exported in Asia rose slightly to X cubic meters, surging by X% compared with the previous year's figure. Overall, exports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. As a result, exports attained the peak of X cubic meters. From 2018 to 2019, the growth exports remained at a lower figure.

In value terms, sawnwood (coniferous) exports contracted markedly to $X in 2019. Over the period under review, exports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2018, and then declined sharply in the following year.

Exports by Country

China represented the major exporter of sawnwood (coniferous) in Asia, with the volume of exports reaching X cubic meters, which was approx. X% of total exports in 2019. Japan (X cubic meters) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%) and South Korea (X%). The following exporters - Cyprus (X cubic meters) and Indonesia (X cubic meters) - each finished at a X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to sawnwood (coniferous) exports from China stood at -X%. At the same time, Cyprus (+X%), the United Arab Emirates (+X%), Japan (+X%), Indonesia (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Cyprus emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2019. Japan (+X p.p.), the United Arab Emirates (+X p.p.) and Cyprus (+X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sawnwood (coniferous) supplying countries in Asia were China ($X), Japan ($X) and the United Arab Emirates ($X), with a combined X% share of total exports.

Among the main exporting countries, Japan recorded the highest rates of growth with regard to 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 2019, the sawnwood (coniferous) export price in Asia amounted to $X per cubic meter, shrinking by -X% against the previous year. In general, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 when the export price increased by X% year-to-year. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Japan ($X per cubic meter), while Cyprus ($X per cubic meter) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced a decline in the export price figures.

Sawnwood (Coniferous) Imports

Imports in Asia

In 2019, sawnwood (coniferous) imports in Asia reached X cubic meters, approximately reflecting the previous year. Over the period under review, imports posted a prominent expansion. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2012 to 2019, the growth imports remained at a lower figure.

In value terms, sawnwood (coniferous) imports amounted to $X in 2019. Total imports indicated a notable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2013 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

China (X cubic meters) and Bahrain (X cubic meters) prevails in sawnwood (coniferous) imports structure, together achieving X% of total imports. It was distantly followed by Japan (X cubic meters), comprising an X% share of total imports. The following importers - South Korea (X cubic meters), Uzbekistan (X cubic meters), the United Arab Emirates (X cubic meters) and Israel (X cubic meters) - together made up X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bahrain (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sawnwood (coniferous) importing markets in Asia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total imports.

In terms of the main importing countries, China recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The sawnwood (coniferous) import price in Asia stood at $X per cubic meter in 2019, remaining stable against the previous year. Over the period under review, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The level of import peaked at $X per cubic meter in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Japan ($X per cubic meter), while Bahrain ($X per cubic meter) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sawnwood (coniferous) in Asia?

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China (73M cubic meters) constituted the country with the largest volume of sawnwood (coniferous) consumption, comprising approx. 43% of total volume. Moreover, sawnwood (coniferous) consumption in China exceeded the figures recorded by the second-largest consumer, Bahrain (22M cubic meters), threefold. The third position in this ranking was occupied by Bangladesh (19M cubic meters), with a 11% share.

What are the largest producers of sawnwood (coniferous) in Asia?

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The country with the largest volume of sawnwood (coniferous) production was China (45M cubic meters), comprising approx. 46% of total volume. Moreover, sawnwood (coniferous) production in China exceeded the figures recorded by the second-largest producer, Bangladesh (19M cubic meters), twofold. Japan (8.2M cubic meters) ranked third in terms of total production with a 8.3% share.

What are the leading suppliers of sawnwood (coniferous) in Asia?

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In value terms, China ($56M), Japan ($52M) and the United Arab Emirates ($31M) constituted the countries with the highest levels of exports in 2019, with a combined 82% share of total exports.

What are the leading importers of sawnwood (coniferous) in Asia?

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In value terms, the largest sawnwood (coniferous) importing markets in Asia were China ($3.3B), Japan ($1.8B) and South Korea ($736M), with a combined 79% share of total imports.

What is the average export price for sawnwood (coniferous) in Asia?

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The sawnwood (coniferous) export price in Asia stood at $243 per cubic meter in 2019, falling by -41.5% against the previous year.

What is the average import price for sawnwood (coniferous) in Asia?

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The sawnwood (coniferous) import price in Asia stood at $102 per cubic meter in 2019, remaining constant against the previous year.