Southern Asia: Chipped Coniferous Wood Market 2020

Chipped Coniferous Wood Market Size in Southern Asia

The revenue of the chipped coniferous wood market in Southern Asia amounted to $X in 2018, going up by X% against the previous year. The total market indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chipped coniferous wood consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, the chipped coniferous wood market reached its peak level and is likely to continue its growth in the immediate term.

Chipped Coniferous Wood Production in Southern Asia

In value terms, chipped coniferous wood production amounted to $X in 2018 estimated in export prices. The total output indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chipped coniferous wood production increased by +X% against 2007 indices. The growth pace was the most rapid in 2011 when production volume increased by X% y-o-y. Over the period under review, chipped coniferous wood production reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Production By Country in Southern Asia

India (X tons) remains the largest chipped coniferous wood producing country in Southern Asia, accounting for X% of total production. Moreover, chipped coniferous wood production in India exceeded the figures recorded by the region's second-largest producer, Pakistan (X tons), twofold. Bangladesh (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume in India totaled +X%. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Bangladesh (+X% per year).

Chipped Coniferous Wood Exports

Exports in Southern Asia

In 2018, the amount of coniferous wood in chips or particles exported in Southern Asia totaled X tons, shrinking by -X% against the previous year. Overall, chipped coniferous wood exports continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. In that year, chipped coniferous wood exports reached their peak of X tons. From 2012 to 2018, the growth of chipped coniferous wood exports remained at a lower figure.

In value terms, chipped coniferous wood exports totaled $X in 2018. In general, chipped coniferous wood exports continue to indicate an abrupt reduction. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. The level of exports peaked at $X in 2009; however, from 2010 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, Sri Lanka (X tons) represented the key exporter of coniferous wood in chips or particles, generating X% of total exports. Bangladesh (X kg) ranks second in terms of the total exports with a X% share, followed by Nepal (X%) and India (X%).

Exports from Sri Lanka decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Nepal (+X%) and India (+X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing exporter in Southern Asia, with a CAGR of +X% from 2007-2018. By contrast, Bangladesh (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Nepal and India increased by +X% and +X% percentage points, while Sri Lanka (-X p.p.) and Bangladesh (-X p.p.) saw their share reduced.

In value terms, the largest chipped coniferous wood markets in Southern Asia were Bangladesh ($X), Sri Lanka ($X) and Nepal ($X), with a combined X% share of total exports.

Nepal recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the chipped coniferous wood export price in Southern Asia amounted to $X per ton, jumping by X% against the previous year. Overall, the chipped coniferous wood export price continues to indicate slight growth. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. Over the period under review, the export prices for coniferous wood in chips or particles attained their peak figure at $X per ton in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Bangladesh, while the other leaders experienced mixed trends in the export price figures.

Chipped Coniferous Wood Imports

Imports in Southern Asia

In 2018, approx. X tons of coniferous wood in chips or particles were imported in Southern Asia; growing by X% against the previous year. In general, chipped coniferous wood imports, however, continue to indicate a drastic descent. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, chipped coniferous wood imports attained their maximum at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, chipped coniferous wood imports totaled $X in 2018. Over the period under review, chipped coniferous wood imports, however, continue to indicate a temperate decrease. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. The level of imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Sri Lanka (X tons) represented the main importer of coniferous wood in chips or particles, creating X% of total imports. It was distantly followed by India (X tons), making up a X% share of total imports. Bangladesh (X kg) held a little share of total imports.

Sri Lanka was also the fastest-growing in terms of the coniferous wood in chips or particles imports, with a CAGR of +X% from 2007 to 2018. At the same time, Bangladesh (+X%) and India (+X%) displayed positive paces of growth. While the share of Sri Lanka (+X p.p.), India (+X p.p.) and Bangladesh (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sri Lanka ($X) constitutes the largest market for imported coniferous wood in chips or particles in Southern Asia, comprising X% of total chipped coniferous wood imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value in Sri Lanka stood at +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Bangladesh (+X% per year).

Import Prices by Country

In 2018, the chipped coniferous wood import price in Southern Asia amounted to $X per ton, reducing by -X% against the previous year. Overall, the chipped coniferous wood import price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. Over the period under review, the import prices for coniferous wood in chips or particles reached their maximum at $X per ton in 2016; however, from 2017 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sri Lanka, while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform