Southern Asia: Market for Coniferous Wood In The Rough 2023

Market Size for Coniferous Wood In The Rough in Southern Asia

The South Asian market for coniferous wood in the rough was estimated at $X in 2021, flattening at the previous year. In general, consumption, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 7.4% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Coniferous Wood In The Rough in Southern Asia

In value terms, coniferous wood in the rough production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 4.5%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Coniferous Wood In The Rough

Exports in Southern Asia

In 2021, approx. X cubic meters of coniferous wood in the rough were exported in Southern Asia; reducing by -36.3% against 2020 figures. Over the period under review, exports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2020 with an increase of 188% against the previous year. The volume of export peaked at X cubic meters in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, coniferous wood in the rough exports reduced sharply to $X in 2021. In general, exports faced a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 185%. Over the period under review, the coniferous wood in rough exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

India prevails in exports structure, accounting for X cubic meters, which was near 98% of total exports in 2021. Sri Lanka (X cubic meters) took a minor share of total exports.

Exports from India decreased at an average annual rate of -33.3% from 2012 to 2021. Sri Lanka (-26.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India and Sri Lanka increased by +12 and +1.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest coniferous wood in the rough supplier in Southern Asia, comprising 99% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a 0.9% share of total exports.

In India, coniferous wood in the rough exports shrank by an average annual rate of -14.2% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per cubic meter, growing by 14% against the previous year. Overall, the export price saw a significant increase. The pace of growth was the most pronounced in 2017 when the export price increased by 183%. Over the period under review, the export prices reached the peak figure in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was India ($X per cubic meter), while Sri Lanka totaled $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+28.6%).

Imports of Coniferous Wood In The Rough

Imports in Southern Asia

In 2021, approx. X cubic meters of coniferous wood in the rough were imported in Southern Asia; picking up by 4% on 2020 figures. In general, imports, however, recorded a dramatic decrease. The most prominent rate of growth was recorded in 2014 with an increase of 24% against the previous year. As a result, imports attained the peak of X cubic meters. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, coniferous wood in the rough imports rose slightly to $X in 2021. Overall, imports, however, showed a dramatic decline. The pace of growth appeared the most rapid in 2013 with an increase of 24% against the previous year. Over the period under review, coniferous wood in rough imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Bangladesh was the major importing country with an import of around X cubic meters, which accounted for 55% of total imports. Pakistan (X cubic meters) ranks second in terms of the total imports with a 30% share, followed by India (14%).

From 2012 to 2021, the biggest increases were in Pakistan (with a CAGR of +18.8%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Pakistan ($X), Bangladesh ($X) and India ($X) constituted the countries with the highest levels of imports in 2021, together comprising 99% of total imports.

Among the main importing countries, Pakistan, with a CAGR of +17.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per cubic meter, therefore, remained relatively stable against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 14% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Pakistan ($X per cubic meter), while Bangladesh ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (-1.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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