Thailand: Overview of the Market for Saw Logs And Veneer Logs (Non-Coniferous) 2021

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

For the third consecutive year, the Thai market for saw logs and veneer logs (non-coniferous) recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2009; however, from 2010 to 2019, consumption stood at a somewhat lower figure.

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

In value terms, production of saw logs and veneer logs (non-coniferous) stood at $X in 2019 estimated in export prices. Over the period under review, production enjoyed a temperate increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2009; however, from 2010 to 2019, production remained at a lower figure.

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

Exports from Thailand

In 2019, approx. X cubic meters of saw logs and veneer logs (non-coniferous) were exported from Thailand; shrinking by -X% on the previous year's figure. Over the period under review, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X cubic meters in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) dropped dramatically to $X in 2019. In general, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Japan (X cubic meters), South Africa (X cubic meters) and Viet Nam (X cubic meters) were the main destinations of exports of saw logs and veneer logs (non-coniferous) from Thailand, together comprising X% of total exports.

From 2007 to 2019, the biggest increases were in South Africa (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) emerged as the key foreign market for saw logs and veneer logs (non-coniferous) exports from Thailand, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by Viet Nam, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to South Africa totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Viet Nam (+X% per year).

Export Prices by Country

In 2019, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, increasing by X% against the previous year. In general, export price indicated a measured expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, export price for saw logs and veneer logs (non-coniferous) increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2019 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Israel ($X per cubic meter), while the average price for exports to Japan ($X per cubic meter) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Thailand

In 2019, purchases abroad of saw logs and veneer logs (non-coniferous) decreased by -X% to X cubic meters, falling for the sixth year in a row after four years of growth. In general, imports faced a abrupt slump. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Imports peaked at X cubic meters in 2013; however, from 2014 to 2019, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) contracted significantly to $X in 2019. Overall, imports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Myanmar (X cubic meters), Germany (X cubic meters) and Poland (X cubic meters) were the main suppliers of imports of saw logs and veneer logs (non-coniferous) to Thailand, with a combined X% share of total imports. These countries were followed by the U.S., Cameroon, Congo and Nigeria, which together accounted for a further X 2007 to 2019, the biggest increases were in Nigeria (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Myanmar ($X), Congo ($X) and the U.S. ($X) were the largest saw logs and veneer logs (non-coniferous) suppliers to Thailand, with a combined X% share of total imports. These countries were followed by Germany, Cameroon, Nigeria and Poland, which together accounted for a further X the main suppliers, Nigeria (+X% per year) 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 more modest paces of growth.

Import Prices by Country

In 2019, the average import price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, dropping by -X% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The growth pace was the most rapid in 2009 an increase of X% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2010 to 2019, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Congo ($X per cubic meter), while the price for Germany ($X per cubic meter) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Nigeria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saw logs and veneer logs (non-coniferous) in the world?

+

The countries with the highest volumes of consumption of saw logs and veneer logs (non-coniferous) in 2019 were China (182M cubic meters), Brazil (113M cubic meters) and the U.S. (92M cubic meters), with a combined 44% share of global consumption. Indonesia, India, Viet Nam, Russia, Canada, Finland, Chile, Australia and Thailand lagged somewhat behind, together accounting for a further 32%.

What are the largest producers of saw logs and veneer logs (non-coniferous) in the world?

+

The countries with the highest volumes of production of saw logs and veneer logs (non-coniferous) in 2019 were China (160M cubic meters), Brazil (114M cubic meters) and the U.S. (94M cubic meters), together comprising 42% of global production. Indonesia, India, Russia, Viet Nam, Canada, Chile, Australia and Thailand lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of saw logs and veneer logs (non-coniferous) to Thailand?

+

In value terms, the largest saw logs and veneer logs (non-coniferous) suppliers to Thailand were Myanmar ($1.4M), Congo ($711K) and the U.S. ($544K), together comprising 68% of total imports. These countries were followed by Germany, Cameroon, Nigeria and Poland, which together accounted for a further 22%.

What are the leading importers of saw logs and veneer logs (non-coniferous) from Thailand?

+

In value terms, South Africa ($816K) emerged as the key foreign market for saw logs and veneer logs (non-coniferous) exports from Thailand, comprising 45% of total exports. The second position in the ranking was occupied by Japan ($400K), with a 22% share of total exports. It was followed by Viet Nam, with a 15% share.

What is the average export price for saw logs and veneer logs (non-coniferous) in Thailand?

+

The average export price for saw logs and veneer logs (non-coniferous) stood at $542 per cubic meter in 2019, growing by 28% against the previous year.

What is the average import price for saw logs and veneer logs (non-coniferous) in Thailand?

+

In 2019, the average import price for saw logs and veneer logs (non-coniferous) amounted to $143 per cubic meter, with a decrease of -4.7% against the previous year.