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Hong Kong SAR, China - Saw Logs And Veneer Logs (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Saw Logs and Veneer Logs (Coniferous) in Hong Kong SAR - 2022
Contents:
- Price for Saw Logs and Veneer Logs (Coniferous) in Hong Kong SAR (CIF) - 2022
- Price for Saw Logs and Veneer Logs (Coniferous) in Hong Kong SAR (FOB) - 2022
- Imports of Saw Logs and Veneer Logs (Coniferous) in Hong Kong SAR
- Exports of Saw Logs and Veneer Logs (Coniferous) in Hong Kong SAR
Price for Saw Logs and Veneer Logs (Coniferous) in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for saw logs and veneer logs (coniferous) amounted to $60 per cubic meter, picking up by 5.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 45% against the previous year. As a result, import price reached the peak level of $68 per cubic meter. From 2019 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($66 per cubic meter), while the price for Taiwan (Chinese) ($46 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.0%), while the prices for the other major suppliers experienced a decline.
Price for Saw Logs and Veneer Logs (Coniferous) in Hong Kong SAR (FOB) - 2022
The average export price for saw logs and veneer logs (coniferous) stood at $63 per cubic meter in 2022, with an increase of 16% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for saw logs and veneer logs (coniferous) increased by +51.4% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices reached the maximum at $81 per cubic meter in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($63 per cubic meter), while the average price for exports to Taiwan (Chinese) totaled $63 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+51.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Saw Logs and Veneer Logs (Coniferous) in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in supplies from abroad of saw logs and veneer logs (coniferous), which decreased by -99% to 3.8K cubic meters in 2022. Over the period under review, imports faced a sharp decrease. The smallest decline of -39% was in 2021. Imports peaked at 1.1M cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of saw logs and veneer logs (coniferous) shrank rapidly to $227K in 2022. In general, imports faced a dramatic contraction. The smallest decline of -30.2% was in 2021. Over the period under review, imports of hit record highs at $58M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Saw Logs and Veneer Logs (Coniferous) in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
New Zealand | 44.3 | 14.9 | 15.2 | 0.1 | -86.9% |
Belgium | 1.6 | 0.6 | N/A | N/A | -62.5% |
Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
Czech Republic | 1.3 | 1.1 | N/A | N/A | -15.4% |
Others | 10.7 | 12.7 | 5.3 | N/A | -29.6% |
Total | 58.0 | 29.6 | 20.6 | 0.2 | -84.9% |
Top Suppliers of Saw Logs and Veneer Logs (Coniferous) to Hong Kong SAR in 2022:
- United States (1.9K cubic meters)
- Taiwan (Chinese) (1.0K cubic meters)
- New Zealand (0.8K cubic meters)
Exports of Saw Logs and Veneer Logs (Coniferous) in Hong Kong SAR
Exports of saw logs and veneer logs (coniferous) from Hong Kong SAR reduced dramatically to 1.4K cubic meters in 2022, declining by -59.6% compared with 2021 figures. Overall, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of 3.4K cubic meters, and then declined sharply in the following year.
In value terms, exports of saw logs and veneer logs (coniferous) shrank rapidly to $88K in 2022. Over the period under review, exports faced a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 95%. Over the period under review, the exports of attained the peak figure at $191K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Saw Logs and Veneer Logs (Coniferous) in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 63.8 | 0% |
Taiwan (Chinese) | N/A | N/A | N/A | 23.9 | 0% |
Papua New Guinea | N/A | N/A | 19.8 | N/A | 0% |
India | N/A | 94.8 | N/A | N/A | 0% |
Philippines | 191 | N/A | N/A | N/A | 0% |
Canada | N/A | 0.2 | 155 | N/A | 77400.0% |
Others | N/A | 0.7 | 11.9 | N/A | 1600.0% |
Total | 191 | 95.7 | 187 | 87.8 | -22.8% |
Top Export Markets for Saw Logs and Veneer Logs (Coniferous) from Hong Kong SAR in 2022:
- China (1011.0 cubic meters)
- Taiwan (Chinese) (379.0 cubic meters)
This report provides an in-depth analysis of the market for saw logs and veneer logs (coniferous) in Hong Kong SAR, 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 1601 - Sawlogs and veneer logs, coniferous
- FCL 1602 - Pulpwood, round and split, coniferous (production)
- FCL 1623 - Other industrial roundwood, coniferous (production)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, 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
-
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
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