Southern Asia: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Southern Asia

The South Asian sawnwood (non-coniferous) market contracted modestly to $X in 2022, standing approx. at the previous year. In general, consumption, however, posted buoyant growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Sawnwood (Non-Coniferous) Production in Southern Asia

In value terms, sawnwood (non-coniferous) production stood at $X in 2022 estimated in export price. In general, production recorded a pronounced increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Sawnwood (Non-Coniferous) Exports

Exports in Southern Asia

For the third year in a row, Southern Asia recorded decline in overseas shipments of sawnwood (non-coniferous), which decreased by X% to X cubic meters in 2022. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of export peaked at X cubic meters in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) exports dropped markedly to $X in 2022. In general, exports faced a deep downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, India (X cubic meters) represented the largest exporter of sawnwood (non-coniferous), making up X% of total exports. It was distantly followed by Sri Lanka (X cubic meters), constituting a X% share of total exports. Pakistan (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sawnwood (non-coniferous) exports from India stood at X%. At the same time, Pakistan (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Sri Lanka (X%) illustrated a downward trend over the same period. While the share of Sri Lanka (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest sawnwood (non-coniferous) supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled X%. In the other countries, the average annual rates were as follows: Sri Lanka (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per cubic meter, jumping by X% against the previous year. Overall, the export price, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per cubic meter), while Sri Lanka ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced mixed trends in the export price figures.

Sawnwood (Non-Coniferous) Imports

Imports in Southern Asia

In 2022, the amount of sawnwood (non-coniferous) imported in Southern Asia contracted remarkably to X cubic meters, dropping by X% compared with 2021. In general, imports, however, showed perceptible growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X cubic meters in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, sawnwood (non-coniferous) imports shrank markedly to $X in 2022. Over the period under review, imports, however, enjoyed a temperate expansion. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India represented the key importing country with an import of around X cubic meters, which finished at X% of total imports. Maldives (X cubic meters) took the second position in the ranking, followed by Pakistan (X cubic meters) and Bangladesh (X cubic meters). All these countries together held near X% share of total imports. Sri Lanka (X cubic meters) held a little share of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Maldives (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Pakistan (X%) and Sri Lanka (X%) illustrated a downward trend over the same period. While the share of India (X p.p.), Maldives (X p.p.) and Bangladesh (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sri Lanka (X p.p.) and Pakistan (X p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported sawnwood (non-coniferous) in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Maldives ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

In India, sawnwood (non-coniferous) imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Maldives (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per cubic meter, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per cubic meter), while Bangladesh ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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