India: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in India

The Indian sawnwood (non-coniferous) market dropped slightly to $X in 2022, approximately equating the previous year. Overall, consumption, however, saw a buoyant increase. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Sawnwood (Non-Coniferous) Production in India

In value terms, sawnwood (non-coniferous) production shrank modestly to $X in 2022 estimated in export price. Overall, production posted perceptible growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Sawnwood (Non-Coniferous) Exports

Exports from India

In 2022, the amount of sawnwood (non-coniferous) exported from India contracted to X cubic meters, declining by X% compared with the previous year's figure. Overall, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at X cubic meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, sawnwood (non-coniferous) exports fell to $X in 2022. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X cubic meters), Qatar (X cubic meters) and Iraq (X cubic meters) were the main destinations of sawnwood (non-coniferous) exports from India, together comprising X% of total exports. Australia, Kenya, Nepal, the United Arab Emirates, Oman, the United States, Italy, France and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X), Qatar ($X) and Iraq ($X) were the largest markets for sawnwood (non-coniferous) exported from India worldwide, together comprising X% of total exports. The United Arab Emirates, Australia, Oman, Italy, the United States, Nepal, Kenya, France and Belgium lagged somewhat behind, together comprising a further X%.

Kenya, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sawnwood (non-coniferous) export price amounted to $X per cubic meter, waning by X% against the previous year. Over the period under review, the export price saw a noticeable contraction. The pace of growth was the most pronounced in 2018 an increase of X%. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per cubic meter), while the average price for exports to Kenya ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced a decline.

Sawnwood (Non-Coniferous) Imports

Imports into India

In 2022, imports of sawnwood (non-coniferous) into India declined rapidly to X cubic meters, with a decrease of X% compared with the previous year's figure. In general, imports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports hit record highs at X cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) imports contracted notably to $X in 2022. Over the period under review, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X cubic meters), Malaysia (X cubic meters) and Indonesia (X cubic meters) were the main suppliers of sawnwood (non-coniferous) imports to India, with a combined X% share of total imports. The United States, France, Austria, Canada, the UK, Singapore, Myanmar, Benin, Tanzania and Croatia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Indonesia ($X) and Germany ($X) appeared to be the largest sawnwood (non-coniferous) suppliers to India, with a combined X% share of total imports. The UK, France, the United States, Myanmar, Benin, Singapore, Tanzania, Canada, Croatia and Austria lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sawnwood (non-coniferous) import price stood at $X per cubic meter in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per cubic meter), while the price for Austria ($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 the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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