Australia and Oceania: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Australia and Oceania

For the third year in a row, the sawnwood (non-coniferous) market in Australia and Oceania recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Sawnwood (Non-Coniferous) Production in Australia and Oceania

In value terms, sawnwood (non-coniferous) production amounted to $X in 2022 estimated in export price. The total production indicated slight 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. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Sawnwood (Non-Coniferous) Exports

Exports in Australia and Oceania

After two years of growth, shipments abroad of sawnwood (non-coniferous) decreased by X% to X cubic meters in 2022. Overall, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of X cubic meters. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, sawnwood (non-coniferous) exports declined remarkably to $X in 2022. Total exports indicated slight 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 pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then declined significantly in the following year.

Exports by Country

The biggest shipments were from Papua New Guinea (X cubic meters), Australia (X cubic meters), Fiji (X cubic meters) and Solomon Islands (X cubic meters), together accounting for X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Fiji (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Papua New Guinea ($X) remains the largest sawnwood (non-coniferous) supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports. It was followed by Fiji, with a X% share.

In Papua New Guinea, sawnwood (non-coniferous) exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (X% per year) and Fiji (X% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per cubic meter, jumping by X% against the previous year. Export price indicated measured 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. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Papua New Guinea ($X per cubic meter), while Fiji ($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 Papua New Guinea (X%), while the other leaders experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports in Australia and Oceania

In 2022, purchases abroad of sawnwood (non-coniferous) increased by X% to X cubic meters, rising for the third consecutive year after three years of decline. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of X cubic meters. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, sawnwood (non-coniferous) imports surged to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Australia was the main importer of sawnwood (non-coniferous) in Australia and Oceania, with the volume of imports finishing at X cubic meters, which was near X% of total imports in 2022. New Zealand (X cubic meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Fiji (X%).

From 2012 to 2022, the biggest increases were recorded for Fiji (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest sawnwood (non-coniferous) importing markets in Australia and Oceania were Australia ($X), New Zealand ($X) and Fiji ($X), together accounting for X% of total imports.

In terms of the main importing countries, Fiji, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Australia and Oceania stood at $X per cubic meter in 2022, with an increase of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked at $X per cubic meter in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per cubic meter), while Fiji ($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 Australia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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