Indonesia: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Indonesia

The Indonesian market for saw logs and veneer logs totaled $X in 2023, almost unchanged from the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs in Indonesia

In value terms, saw logs and veneer logs production stood at $X in 2023 estimated in export price. In general, production, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

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Exports of Saw Logs And Veneer Logs

Exports from Indonesia

In 2023, shipments abroad of saw logs and veneer logs increased by X% to X cubic meters for the first time since 2019, thus ending a three-year declining trend. Over the period under review, exports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X cubic meters in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, saw logs and veneer logs exports shrank to $X in 2023. In general, exports, however, saw a deep contraction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

Exports by Country

The United States (X cubic meters) was the main destination for saw logs and veneer logs exports from Indonesia, accounting for a X% share of total exports. Moreover, saw logs and veneer logs exports to the United States exceeded the volume sent to the second major destination, Malaysia (X cubic meters), fivefold.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States amounted to X%.

In value terms, the United States ($X) emerged as the key foreign market for saw logs and veneer logs exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to the United States stood at X%.

Export Prices by Country

The average export price for saw logs and veneer logs stood at $X per cubic meter in 2023, which is down by X% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per cubic meter in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per cubic meter), while the average price for exports to the United States totaled $X per cubic meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced a decline.

Imports of Saw Logs And Veneer Logs

Imports into Indonesia

In 2023, overseas purchases of saw logs and veneer logs increased by X% to X cubic meters for the first time since 2017, thus ending a five-year declining trend. In general, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of X cubic meters. From 2018 to 2023, the growth of imports failed to regain momentum.

In value terms, saw logs and veneer logs imports dropped to $X in 2023. Over the period under review, imports, however, saw a noticeable decrease. 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 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, France (X cubic meters) constituted the largest supplier of saw logs and veneer logs to Indonesia, with a X% share of total imports. Moreover, saw logs and veneer logs imports from France exceeded the figures recorded by the second-largest supplier, the United States (X cubic meters), fourfold. The third position in this ranking was taken by Belgium (X cubic meters), with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Belgium (X% per year).

In value terms, France ($X) constituted the largest supplier of saw logs and veneer logs to Indonesia, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Belgium (X% per year).

Import Prices by Country

The average import price for saw logs and veneer logs stood at $X per cubic meter in 2023, waning by X% against the previous year. Overall, the import price, however, showed a mild expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per cubic meter in 2022, and then dropped dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Australia ($X per cubic meter), while the price for New Zealand ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform