Central Asia: Market for Coniferous Wood In The Rough 2023

Market Size for Coniferous Wood In The Rough in Central Asia

For the seventh year in a row, the Central Asian market for coniferous wood in the rough recorded decline in sales value, which decreased by -3.4% to $X in 2021. Over the period under review, consumption saw a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Coniferous Wood In The Rough in Central Asia

In value terms, coniferous wood in the rough production dropped modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 7.4% against the previous year. Over the period under review, coniferous wood in rough production hit record highs at $X in 2020, and then declined modestly in the following year.

Exports of Coniferous Wood In The Rough

Exports in Central Asia

In 2021, exports of coniferous wood in the rough in Central Asia rose slightly to X cubic meters, surging by 4.6% against the year before. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 159% against the previous year. Over the period under review, the coniferous wood in rough exports reached the maximum at X cubic meters in 2017; afterwards, it flattened through to 2021.

In value terms, coniferous wood in the rough exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 233%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kazakhstan (X cubic meters) represented roughly 100% of total exports in 2021.

Kazakhstan was also the fastest-growing in terms of the coniferous wood in the rough exports, with a CAGR of +48.4% from 2012 to 2021. Kazakhstan (+74 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, Kazakhstan ($X) also remains the largest coniferous wood in the rough supplier in Central Asia.

In Kazakhstan, coniferous wood in the rough exports increased at an average annual rate of +46.9% over the period from 2012-2021.

Export Prices by Country

The export price in Central Asia stood at $X per cubic meter in 2021, rising by 15% against the previous year. Over the period under review, the export price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2017 when the export price increased by 164%. As a result, the export price reached the peak level of $X per cubic meter. From 2018 to 2021, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to -1.1% per year.

Imports of Coniferous Wood In The Rough

Imports in Central Asia

In 2021, purchases abroad of coniferous wood in the rough decreased by -0.4% to X cubic meters, falling for the seventh consecutive year after three years of growth. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 8.7%. As a result, imports attained the peak of X cubic meters. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, coniferous wood in the rough imports fell modestly to $X in 2021. Overall, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 48% against the previous year. Over the period under review, coniferous wood in rough imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Kazakhstan (X cubic meters) represented the largest importer of coniferous wood in the rough, comprising 79% of total imports. It was distantly followed by Uzbekistan (X cubic meters), creating an 18% share of total imports. Kyrgyzstan (X cubic meters) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of +1.4% from 2012 to 2021. At the same time, Kyrgyzstan (+1.7%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +1.7% from 2012-2021. By contrast, Uzbekistan (-17.2%) illustrated a downward trend over the same period. While the share of Kazakhstan (+40 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Uzbekistan (-36.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported coniferous wood in the rough in Central Asia, comprising 69% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Uzbekistan totaled -4.5%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-12.2% per year) and Kyrgyzstan (-15.9% per year).

Import Prices by Country

The import price in Central Asia stood at $X per cubic meter in 2021, waning by -4.2% against the previous year. In general, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2017 when the import price increased by 80% against the previous year. Over the period under review, import prices attained the peak figure at $X per cubic meter in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Uzbekistan ($X per cubic meter), while Kazakhstan ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+15.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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