New Zealand: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2024

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in New Zealand

The New Zealand market for saw logs and veneer logs (non-coniferous) surged to $X in 2023, jumping by X% against the previous year. Overall, consumption posted a significant increase. Consumption of peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in New Zealand

In value terms, production of saw logs and veneer logs (non-coniferous) soared to $X in 2023 estimated in export price. In general, production showed a significant expansion. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from New Zealand

In 2023, exports of saw logs and veneer logs (non-coniferous) from New Zealand dropped dramatically to X cubic meters, waning by X% on the previous year's figure. Over the period under review, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2018 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) declined markedly to $X in 2023. In general, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

China (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from New Zealand, with a X% share of total exports. Moreover, exports of saw logs and veneer logs (non-coniferous) to China exceeded the volume sent to the second major destination, Hong Kong SAR (X cubic meters), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to China totaled X%.

In value terms, China ($X) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to China amounted to X%.

Export Prices by Country

In 2023, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, declining by X% against the previous year. Overall, the export price recorded a pronounced descent. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per cubic meter in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per cubic meter), while the average price for exports to China stood at $X per cubic meter.

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

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into New Zealand

In 2023, imports of saw logs and veneer logs (non-coniferous) into New Zealand surged to X cubic meters, picking up by X% against the previous year's figure. In general, imports, however, continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X cubic meters in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) expanded sharply to $X in 2023. Overall, imports, however, saw a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Australia (X cubic meters), Hungary (X cubic meters) and Malaysia (X cubic meters) were the main suppliers of imports of saw logs and veneer logs (non-coniferous) to New Zealand, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest saw logs and veneer logs (non-coniferous) suppliers to New Zealand were Australia ($X), Hungary ($X) and Solomon Islands ($X), together accounting for X% of total imports. Malaysia, Peru and the United States lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Malaysia, 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 mixed trend patterns.

Import Prices by Country

In 2023, the average import price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, which is down by X% against the previous year. In general, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2014 to 2023, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per cubic meter), while the price for Malaysia ($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 Peru (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform