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China - Roundwood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina's Import of Roundwood Decreases to $646M in June 2023
China Roundwood Imports
In June 2023, supplies from abroad of roundwood increased by 1.3% to 3.8M cubic meters, rising for the fourth month in a row after two months of decline. Over the period under review, imports, however, continue to indicate a mild decrease. The most prominent rate of growth was recorded in March 2023 with an increase of 16% m-o-m. Imports peaked at 4.6M cubic meters in June 2022; however, from July 2022 to June 2023, imports stood at a somewhat lower figure.
In value terms, roundwood imports dropped to $646M (IndexBox estimates) in June 2023. Overall, imports, however, continue to indicate a noticeable setback. The pace of growth appeared the most rapid in March 2023 when imports increased by 17% against the previous month. Imports peaked at 977M cubic meters in June 2022; however, from July 2022 to June 2023, imports remained at a lower figure.
COUNTRY | Import Value of Roundwood in China (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
New Zealand | 277 | 285 | 222 | 214 | 218 | 224 | 227 | 164 | 134 | 195 | 195 | 214 | 240 |
United States | 125 | 73.9 | 70.2 | 71.9 | 39.2 | 56.2 | 35.6 | 52.8 | 36.2 | 62.2 | 79.1 | 81.5 | 90.1 |
Germany | 108 | 87.0 | 82.9 | 65.7 | 63.1 | 70.4 | 98.8 | 86.9 | 60.8 | 48.1 | 55.0 | 72.8 | 74.1 |
France | 53.6 | 46.7 | 44.8 | 30.5 | 20.0 | 13.3 | 15.2 | 20.4 | 17.7 | 20.6 | 24.0 | 21.7 | 33.9 |
Papua New Guinea | 53.5 | 37.7 | 57.3 | 24.3 | 38.3 | 49.6 | 21.0 | 68.3 | 56.0 | 22.9 | 48.3 | 43.4 | 22.4 |
Russia | 46.3 | 36.7 | 31.5 | 21.7 | 14.2 | 14.8 | 16.5 | 15.9 | 17.4 | 23.2 | 22.0 | 18.6 | 21.3 |
Solomon Islands | 27.8 | 16.3 | 16.3 | 37.0 | 17.5 | 23.8 | 21.1 | 29.2 | 24.8 | 20.0 | 27.8 | 35.2 | 4.7 |
Others | 286 | 222 | 226 | 184 | 160 | 159 | 178 | 160 | 115 | 151 | 177 | 203 | 160 |
Total | 977 | 805 | 751 | 650 | 570 | 611 | 614 | 598 | 462 | 543 | 628 | 690 | 646 |
Imports by Country
In June 2023, New Zealand (2M cubic meters) constituted the largest supplier of roundwood to China, with a 52% share of total imports. Moreover, roundwood imports from New Zealand exceeded the figures recorded by the second-largest supplier, Germany (430K cubic meters), fivefold. The third position in this ranking was taken by the United States (230K cubic meters), with a 6% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of volume from New Zealand stood at +1.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (-2.6% per month) and the United States (-3.7% per month).
In value terms, New Zealand ($240M) constituted the largest supplier of roundwood to China, comprising 37% of total imports. The second position in the ranking was taken by the United States ($90M), with a 14% share of total imports. It was followed by Germany, with an 11% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of value from New Zealand stood at -1.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (-2.7% per month) and Germany (-3.1% per month).
Imports by Type
In June 2023, industrial roundwood (3.8M cubic meters) was the main type of roundwood supplied to China, with a 99.9% share of total imports. It was followed by wood fuel (309 cubic meters), with less than 0.1% share of total imports.
From June 2022 to June 2023, the average monthly rate of growth in terms of the volume of import of industrial roundwood totaled -1.5%.
In value terms, industrial roundwood ($646M) constituted the largest type of roundwood supplied to China, comprising 100% of total imports. The second position in the ranking was taken by wood fuel ($661K), with a 0.1% share of total imports.
Import Prices by Country
In June 2023, the roundwood price stood at $169 per cubic meter (CIF, China), which is down by -7.5% against the previous month. Overall, the import price recorded a slight decline. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 7.8% against the previous month. The import price peaked at $212 per cubic meter in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($392 per cubic meter), while the price for Brazil ($106 per cubic meter) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.0%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the roundwood market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1627 - Wood fuel, coniferous
- FCL 1628 - Wood fuel, non-coniferous
- FCL 1866 - Industrial roundwood, coniferous
- FCL 1867 - Industrial roundwood, non-coniferous
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023