Eastern Asia: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Eastern Asia

The East Asian sawnwood (non-coniferous) market fell to $X in 2022, shrinking by X% against the previous year. 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. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Sawnwood (Non-Coniferous) Production in Eastern Asia

In value terms, sawnwood (non-coniferous) production dropped to $X in 2022 estimated in export price. In general, production continues to indicate tangible growth. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

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Sawnwood (Non-Coniferous) Exports

Exports in Eastern Asia

In 2022, shipments abroad of sawnwood (non-coniferous) increased by X% to X cubic meters, rising for the third year in a row after two years of decline. In general, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, sawnwood (non-coniferous) exports reduced slightly to $X in 2022. Over the period under review, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China prevails in exports structure, reaching X cubic meters, which was approx. X% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X cubic meters), committing a X% share of total exports. Japan (X cubic meters) held a relatively small share of total exports.

China was also the fastest-growing in terms of the sawnwood (non-coniferous) exports, with a CAGR of X% from 2012 to 2022. Taiwan (Chinese) (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 ($X) remains the largest sawnwood (non-coniferous) supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports.

In China, sawnwood (non-coniferous) exports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per cubic meter, dropping by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per cubic meter in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per cubic meter), while China ($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 a decline in the export price figures.

Sawnwood (Non-Coniferous) Imports

Imports in Eastern Asia

In 2022, purchases abroad of sawnwood (non-coniferous) increased by X% to X cubic meters, rising for the second consecutive year after three years of decline. Total imports indicated a temperate expansion 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 increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, sawnwood (non-coniferous) imports expanded rapidly to $X in 2022. Total imports indicated notable 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

China dominates imports structure, reaching X cubic meters, which was approx. X% of total imports in 2022. Taiwan (Chinese) (X cubic meters) took a minor share of total imports.

China was also the fastest-growing in terms of the sawnwood (non-coniferous) imports, with a CAGR of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%) displayed positive paces of growth. China (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sawnwood (non-coniferous) in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports.

In China, sawnwood (non-coniferous) imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Eastern Asia stood at $X per cubic meter in 2022, almost unchanged from the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per cubic meter. From 2015 to 2022, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per cubic meter), while China amounted to $X per cubic meter.

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

Source: IndexBox Platform

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