Eastern Asia: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Eastern Asia

After two years of decline, the East Asian sawnwood (coniferous) market increased by X% to $X in 2022. The total consumption indicated noticeable 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. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Sawnwood (Coniferous) Production in Eastern Asia

In value terms, sawnwood (coniferous) production dropped modestly to $X in 2022 estimated in export price. The total production indicated perceptible 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 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Sawnwood (Coniferous) Exports

Exports in Eastern Asia

In 2022, approx. X cubic meters of sawnwood (coniferous) were exported in Eastern Asia; shrinking by X% compared with the previous year. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X cubic meters in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, sawnwood (coniferous) exports dropped significantly to $X in 2022. Overall, exports recorded a perceptible decline. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan represented the major exporter of sawnwood (coniferous) in Eastern Asia, with the volume of exports recording X cubic meters, which was near X% of total exports in 2022. It was distantly followed by China (X cubic meters), making up a X% share of total exports. The following exporters - Taiwan (Chinese) (X cubic meters) and South Korea (X cubic meters) - each finished at a X% share of total exports.

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

In value terms, the largest sawnwood (coniferous) supplying countries in Eastern Asia were Japan ($X), China ($X) and Taiwan (Chinese) ($X), together comprising X% of total exports.

Japan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per cubic meter, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

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

Sawnwood (Coniferous) Imports

Imports in Eastern Asia

In 2022, supplies from abroad of sawnwood (coniferous) was finally on the rise to reach X cubic meters after two years of decline. Total imports indicated mild growth 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 most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sawnwood (coniferous) imports surged 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 growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

China represented the main importer of sawnwood (coniferous) in Eastern Asia, with the volume of imports recording X cubic meters, which was near X% of total imports in 2022. Japan (X cubic meters) ranks second in terms of the total imports with an X% share, followed by South Korea (X%). Taiwan (Chinese) (X cubic meters) followed a long way behind the leaders.

China was also the fastest-growing in terms of the sawnwood (coniferous) imports, with a CAGR of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%) and South Korea (X%) displayed positive paces of growth. By contrast, Japan (X%) illustrated a downward trend over the same period. While the share of China (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 ($X) constitutes the largest market for imported sawnwood (coniferous) in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, sawnwood (coniferous) imports expanded at an average annual rate of X% over the period from 2012-2022. 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 Eastern Asia amounted to $X per cubic meter, with an increase of X% against the previous year. Import price indicated a temperate expansion 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 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Japan ($X per cubic meter) and Taiwan (Chinese) ($X per cubic meter), while China ($X per cubic meter) and South Korea ($X per cubic meter) were 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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :