Thailand: Sawnwood Market Overview 2020

Sawnwood Market Size in Thailand

The revenue of the sawnwood market in Thailand amounted to $-X in 2017, surging by X% against the previous year. Overall, sawnwood consumption continues to indicate a slight expansion. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. Over the period under review, the sawnwood market reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sawnwood Production in Thailand

In 2017, approx. X cubic meters of sawnwood were produced in Thailand; therefore, remained relatively stable against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2016, when it surged by X% year-to-year. In that year, the sawnwood production attained their peak volume of X cubic meters, leveling off in the following year.

Sawnwood Exports from Thailand

In 2017, approx. X cubic meters of sawnwood were exported from Thailand; surging by X% against the previous year. In general, sawnwood exports continue to indicate an outstanding growth. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. The exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, sawnwood exports stood at $X in 2017. Overall, sawnwood exports continue to indicate a remarkable expansion. The exports peaked in 2017, and are likely to continue its growth in the immediate term.

Sawnwood Exports by Country from Thailand

China (X cubic meters) was the main destination of sawnwood exports from Thailand, accounting for approx. X% share of total exports.

From 2007 to 2017, the average annual growth rate of volume to China amounted to +X%.

In value terms, China ($X) also remains the key foreign market for sawnwood exports from Thailand.

From 2007 to 2017, the average annual rate of growth in terms of value to China amounted to +X%.

Sawnwood Export Prices by Country in Thailand

The average sawnwood export price stood at $X per cubic meter in 2017, growing by X% against the previous year. Overall, sawnwood export price continues to indicate an abrupt decline. The pace of growth was the most pronounced in 2015, when the average export prices increased by X% against the previous year. Over the period under review, the average export prices for sawnwood attained its maximum level of $X per cubic meter in 2008; however, from 2009 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for China.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to China (-X% per year).

Sawnwood Imports into Thailand

In 2017, the amount of sawnwood imported into Thailand stood at X cubic meters, rising by X% against the previous year. In general, sawnwood imports continue to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the sawnwood imports reached its maximum volume of X cubic meters in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, sawnwood imports stood at $X in 2017. Overall, sawnwood imports continue to indicate a pronounced decline. Over the period under review, the sawnwood imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Sawnwood Imports by Country into Thailand

In 2017, Malaysia (X cubic meters) constituted the largest supplier of sawnwood to Thailand, accounting for X% share of total imports. Moreover, sawnwood imports from Malaysia exceeded the figures recorded by the second largest supplier, Lao People's Democratic Republic (X cubic meters), threefold. New Zealand (X cubic meters) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual growth rate of volume from Malaysia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lao People's Democratic Republic (-X% per year) and New Zealand (+X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of sawnwood to Thailand, making up X% of total sawnwood imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from Malaysia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and the U.S. (-X% per year).

Sawnwood Import Prices by Country in Thailand

The average sawnwood import price stood at $X per cubic meter in 2017, surging by X% against the previous year. In general, sawnwood import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when it surged by X% against the previous year. The import price peaked of $X per cubic meter in 2008; however, from 2009 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Malaysia ($X per cubic meter), while prices for sawnwood imports from Lao People's Democratic Republic ($X per cubic meter) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), the import prices for other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform