South-Eastern Asia: Market for Saw Logs And Veneer Logs (Coniferous) 2024

Market Size for Saw Logs And Veneer Logs (Coniferous) in South-Eastern Asia

The Southeast Asian market for saw logs and veneer logs (coniferous) expanded rapidly to $X in 2023, increasing by X% against the previous year. The total consumption indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Coniferous) in South-Eastern Asia

In value terms, production of saw logs and veneer logs (coniferous) expanded modestly to $X in 2023 estimated in export price. The total production indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2023, production of growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports in South-Eastern Asia

In 2023, exports of saw logs and veneer logs (coniferous) in South-Eastern Asia reduced rapidly to X cubic meters, waning by X% against 2022. Over the period under review, exports saw a sharp setback. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, exports of saw logs and veneer logs (coniferous) declined notably to $X in 2023. Overall, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X cubic meters) and Lao People's Democratic Republic (X cubic meters) represented roughly X% of total exports in 2023. It was distantly followed by Vietnam (X cubic meters), constituting a X% share of total exports. Malaysia (X cubic meters) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Indonesia (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Indonesia ($X), Lao People's Democratic Republic ($X) and Vietnam ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

In terms of the main exporting countries, Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per cubic meter in 2023, surging by X% against the previous year. Over the period under review, the export price enjoyed a noticeable expansion. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of export peaked at $X per cubic meter in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Vietnam ($X per cubic meter), while Malaysia ($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 Lao People's Democratic Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports in South-Eastern Asia

After six years of growth, overseas purchases of saw logs and veneer logs (coniferous) decreased by X% to X cubic meters in 2023. In general, imports, however, continue to indicate a moderate expansion. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports of reached the peak figure at X cubic meters in 2022, and then reduced in the following year.

In value terms, imports of saw logs and veneer logs (coniferous) fell to $X in 2023. Overall, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2022, and then contracted in the following year.

Imports by Country

Vietnam dominates (coniferous) structure, amounting to X cubic meters, which was near X% of total imports in 2023. Thailand (X cubic meters) followed a long way behind the leaders.

Vietnam was also the fastest-growing in terms of the saw logs and veneer logs (coniferous) imports, with a CAGR of X% from 2012 to 2023. Thailand (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Thailand (X p.p.) displayed negative dynamics.

In value terms, Vietnam ($X) constitutes the largest market for imported saw logs and veneer logs (coniferous) in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports.

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

Import Prices by Country

In 2023, the import price in South-Eastern Asia amounted to $X per cubic meter, picking up by X% against the previous year. Import price indicated slight growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for saw logs and veneer logs (coniferous) increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Thailand ($X per cubic meter), while Vietnam amounted to $X per cubic meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%).

Source: IndexBox Platform