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 shrank slightly to $X in 2023, approximately reflecting the previous year. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked 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 amounted to $X in 2023 estimated in export price. Overall, production, however, showed a slight slump. The pace of growth was the most pronounced 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 remained at a lower figure.

Exports of Saw Logs And Veneer Logs

Exports in Asia-Pacific

Saw logs and veneer logs exports contracted modestly to X cubic meters in 2023, which is down by X% compared with the previous year. Overall, exports saw a slight setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. 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 reduced to $X in 2023. In general, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

New Zealand dominates exports structure, reaching X cubic meters, which was near X% of total exports in 2023. It was distantly followed by Papua New Guinea (X cubic meters) and Solomon Islands (X cubic meters), together mixing up a X% share of total exports. Japan (X cubic meters) and Australia (X cubic meters) took a relatively small share of total exports.

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. From 2012 to 2023, the share of New Zealand, Solomon Islands and Japan increased by X, X and X percentage points, respectively.

In value terms, New Zealand ($X) remains the largest saw logs and veneer logs supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Papua New Guinea ($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 expanded 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, shrinking by X% against the previous year. Overall, the export price continues to indicate a mild descent. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

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, approx. X cubic meters of saw logs and veneer logs were imported in Asia-Pacific; waning by X% on the year before. Over the period under review, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, saw logs and veneer logs imports fell notably to $X in 2023. Overall, imports showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

China dominates imports structure, finishing at X cubic meters, which was near X% of total imports in 2023. It was distantly followed by South Korea (X cubic meters), Japan (X cubic meters) and India (X cubic meters), together comprising a X% share of total imports. The following importers - Vietnam (X cubic meters) and Lao People's Democratic Republic (X cubic meters) - each accounted for 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. From 2012 to 2023, the share of India, Lao People's Democratic Republic and Vietnam increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, saw logs and veneer logs imports declined by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: 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, falling by X% against the previous year. Import price indicated a modest expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per cubic meter in 2022, and then dropped 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