Asia-Pacific: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Asia-Pacific

The Asia-Pacific market for saw logs and veneer logs reduced modestly to $X in 2023, approximately mirroring the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs in Asia-Pacific

In value terms, saw logs and veneer logs production stood at $X in 2023 estimated in export price. Overall, production, however, recorded a mild decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Exports of Saw Logs And Veneer Logs

Exports in Asia-Pacific

For the fourth year in a row, Asia-Pacific recorded decline in shipments abroad of saw logs and veneer logs, which decreased by X% to X cubic meters in 2023. Overall, exports recorded a mild decrease. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs exports declined to $X in 2023. Over the period under review, exports recorded a pronounced slump. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

New Zealand dominates exports structure, recording X cubic meters, which was approx. X% of total exports in 2023. Papua New Guinea (X cubic meters) ranks second in terms of the total exports with a X% share, followed by Solomon Islands (X%). Japan (X cubic meters) and Australia (X cubic meters) followed a long way behind the leaders.

New Zealand experienced a relatively flat trend pattern with regard to volume of exports of saw logs and veneer logs. At the same time, Japan (X%) and Solomon Islands (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, Papua New Guinea (X%) and Australia (X%) illustrated a downward trend over the same period. New Zealand (X p.p.), Solomon Islands (X p.p.) and Japan (X p.p.) significantly strengthened its position in terms of the total exports, while Papua New Guinea and Australia saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, New Zealand ($X) remains the largest saw logs and veneer logs supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a X% share of total exports. It was followed by Solomon Islands, with an X% share.

In New Zealand, saw logs and veneer logs exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Papua New Guinea (X% per year) and Solomon Islands (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per cubic meter in 2023, waning by X% against the previous year. Over the period under review, the export price recorded a mild slump. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per cubic meter in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per cubic meter), while New Zealand ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports in Asia-Pacific

In 2023, saw logs and veneer logs imports in Asia-Pacific dropped rapidly to X cubic meters, falling by X% on 2022 figures. In general, imports saw a noticeable downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X cubic meters in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs imports shrank sharply to $X in 2023. Overall, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

China dominates imports structure, accounting for X cubic meters, which was approx. X% of total imports in 2023. South Korea (X cubic meters) held the second position in the ranking, followed by Japan (X cubic meters) and India (X cubic meters). All these countries together held approx. X% share of total imports. The following importers - Vietnam (X cubic meters) and Lao People's Democratic Republic (X cubic meters) - each finished at a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to saw logs and veneer logs imports into China stood at X%. At the same time, Lao People's Democratic Republic (X%), India (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. India (X p.p.), Lao People's Democratic Republic (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total imports, while South Korea and Japan saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported saw logs and veneer logs in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in China totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per cubic meter in 2023, which is down by X% against the previous year. Import price indicated a mild expansion from 2012 to 2023: its price 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. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per cubic meter in 2022, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per cubic meter), while Lao People's Democratic Republic ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform