Asia: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Asia

In 2022, the Asian sawnwood (coniferous) market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated pronounced 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. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Sawnwood (Coniferous) Production in Asia

In value terms, sawnwood (coniferous) production reduced to $X in 2022 estimated in export price. The total production indicated a noticeable expansion 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Sawnwood (Coniferous) Exports

Exports in Asia

Sawnwood (coniferous) exports contracted to X cubic meters in 2022, declining by X% against 2021 figures. Over the period under review, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood (coniferous) exports shrank to $X in 2022. Overall, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, the Philippines (X cubic meters) was the largest exporter of sawnwood (coniferous), constituting X% of total exports. It was distantly followed by Turkey (X cubic meters), Japan (X cubic meters), the United Arab Emirates (X cubic meters) and China (X cubic meters), together creating a X% share of total exports. The following exporters - Cambodia (X cubic meters) and Malaysia (X cubic meters) - each amounted to a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X) remains the largest sawnwood (coniferous) supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Philippines totaled X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per cubic meter, picking up by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per cubic meter), while Turkey ($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 the Philippines (X%), while the other leaders experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports in Asia

After two years of decline, purchases abroad of sawnwood (coniferous) increased by X% to X cubic meters in 2022. Total imports indicated a slight increase from 2012 to 2022: its volume 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, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked at X cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, sawnwood (coniferous) imports expanded significantly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China represented the key importing country with an import of about X cubic meters, which reached X% of total imports. Japan (X cubic meters) ranks second in terms of the total imports with a X% share, followed by South Korea (X%). Tajikistan (X cubic meters), Taiwan (Chinese) (X cubic meters), Uzbekistan (X cubic meters), Azerbaijan (X cubic meters) and the United Arab Emirates (X cubic meters) took a relatively small share of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, Tajikistan (X%), Taiwan (Chinese) (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Azerbaijan (X%), the United Arab Emirates (X%), Japan (X%) and Uzbekistan (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in China totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per cubic meter, increasing by X% against the previous year. Import price indicated notable growth from 2012 to 2022: its price 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, sawnwood (coniferous) import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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 Uzbekistan ($X per cubic meter), while Tajikistan ($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 Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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