Eastern Asia: Industrial Roundwood Market 2024

Industrial Roundwood Market Size in Eastern Asia

After two years of growth, the East Asian industrial roundwood market decreased 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. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Industrial Roundwood Production in Eastern Asia

In value terms, industrial roundwood production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Industrial Roundwood Exports

Exports in Eastern Asia

In 2022, the amount of industrial roundwood exported in Eastern Asia dropped sharply to X cubic meters, with a decrease of X% compared with 2021 figures. In general, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The volume of export peaked at X cubic meters in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, industrial roundwood exports dropped to $X in 2022. Over the period under review, exports, however, continue to indicate temperate growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Japan dominates exports structure, reaching X cubic meters, which was near X% of total exports in 2022. China (X cubic meters) followed a long way behind the leaders.

Exports from Japan increased at an average annual rate of X% from 2012 to 2022. At the same time, China (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. While the share of Japan (X p.p.) and China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest industrial roundwood supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by China ($X), with an X% share of total exports.

In Japan, industrial roundwood exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per cubic meter, with an increase of X% against the previous year. In general, the export price, however, saw a abrupt slump. The pace of growth was the most pronounced 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 stood at a somewhat lower figure.

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 Japan amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%).

Industrial Roundwood Imports

Imports in Eastern Asia

In 2022, imports of industrial roundwood in Eastern Asia declined remarkably to X cubic meters, with a decrease of X% on 2021. Overall, imports saw a perceptible slump. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. 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, industrial roundwood imports fell markedly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X cubic meters) was the key importer of industrial roundwood, comprising X% of total imports. It was distantly followed by Japan (X cubic meters) and South Korea (X cubic meters), together generating a X% share of total imports.

China was also the fastest-growing in terms of the industrial roundwood imports, with a CAGR of X% from 2012 to 2022. South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported industrial roundwood in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with an X% share of total imports.

In China, industrial roundwood imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per cubic meter, surging by X% against the previous year. Import price indicated temperate 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, industrial roundwood import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per cubic meter), while South Korea ($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 China (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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