Indonesia: Roundwood Market 2024

Roundwood Market Size in Indonesia

After five years of growth, the Indonesian roundwood market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Roundwood Production in Indonesia

In value terms, roundwood production declined slightly to $X in 2022 estimated in export price. In general, production enjoyed significant growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Roundwood Exports

Exports from Indonesia

In 2022, the amount of roundwood exported from Indonesia declined notably to X cubic meters, dropping by X% on 2021. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, roundwood exports skyrocketed to $X in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X cubic meters), the United States (X cubic meters) and Japan (X cubic meters) were the main destinations of roundwood exports from Indonesia, together accounting for X% of total exports.

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

In value terms, the largest markets for roundwood exported from Indonesia were China ($X), the United States ($X) and Singapore ($X), together comprising X% of total exports. These countries were followed by Japan, which accounted for a further X%.

In terms of the main countries of destination, Japan, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 roundwood export price amounted to $X per cubic meter, growing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per cubic meter), while the average price for exports to Japan ($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 Singapore (X%), while the prices for the other major destinations experienced mixed trend patterns.

Roundwood Imports

Imports into Indonesia

In 2022, approx. X cubic meters of roundwood were imported into Indonesia; which is down by X% on the previous year. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, roundwood imports surged to $X in 2022. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Pakistan (X cubic meters) constituted the largest roundwood supplier to Indonesia, accounting for a X% share of total imports. Moreover, roundwood imports from Pakistan exceeded the figures recorded by the second-largest supplier, China (X cubic meters), ninefold. Malaysia (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Pakistan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Malaysia (X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of roundwood to Indonesia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Pakistan (X% per year).

Import Prices by Country

The average roundwood import price stood at $X per cubic meter in 2022, with an increase of X% against the previous year. Overall, the import price, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per cubic meter. From 2014 to 2022, the average import prices remained at a lower figure.

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 Japan ($X per cubic meter), while the price for Pakistan (less than $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 Pakistan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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