ASEAN: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in ASEAN

The ASEAN market for coniferous wood in the rough skyrocketed to $X in 2023, jumping by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Coniferous Wood In The Rough in ASEAN

In value terms, coniferous wood in the rough production skyrocketed to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, coniferous wood in rough production reached the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Coniferous Wood In The Rough

Exports in ASEAN

In 2023, shipments abroad of coniferous wood in the rough was finally on the rise to reach X cubic meters for the first time since 2015, thus ending a seven-year declining trend. Over the period under review, exports, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2016 to 2023, the growth of the exports failed to regain momentum.

In value terms, coniferous wood in the rough exports dropped to $X in 2023. In general, exports posted a prominent increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then fell in the following year.

Exports by Country

Lao People's Democratic Republic dominates exports structure, accounting for X cubic meters, which was approx. X% of total exports in 2023. It was distantly followed by Singapore (X cubic meters), constituting an X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to coniferous wood in the rough exports from Lao People's Democratic Republic stood at X%. At the same time, Singapore (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Lao People's Democratic Republic and Singapore increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Lao People's Democratic Republic ($X) remains the largest coniferous wood in the rough supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Lao People's Democratic Republic stood at X%.

Export Prices by Country

The export price in ASEAN stood at $X per cubic meter in 2023, declining by X% against the previous year. Overall, the export price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per cubic meter in 2022, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per cubic meter), while Singapore totaled $X per cubic meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (X%).

Imports of Coniferous Wood In The Rough

Imports in ASEAN

In 2023, purchases abroad of coniferous wood in the rough was finally on the rise to reach X cubic meters for the first time since 2018, thus ending a four-year declining trend. In general, imports, however, faced a deep contraction. Over the period under review, coniferous wood in rough imports attained the maximum at X cubic meters in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, coniferous wood in the rough imports amounted to $X in 2023. Overall, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, coniferous wood in rough imports hit record highs at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Vietnam represented the key importer of coniferous wood in the rough in ASEAN, with the volume of imports reaching X cubic meters, which was near X% of total imports in 2023. It was distantly followed by Singapore (X cubic meters), mixing up a X% share of total imports. Indonesia (X cubic meters) took a relatively small share of total imports.

Vietnam was also the fastest-growing in terms of the coniferous wood in the rough imports, with a CAGR of X% from 2012 to 2023. Singapore (X%) and Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Vietnam increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported coniferous wood in the rough in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with an X% share of total imports.

In Vietnam, coniferous wood in the rough imports plunged by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Indonesia (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per cubic meter in 2023, which is down by X% against the previous year. In general, the import price, however, showed a strong increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked at $X per cubic meter in 2022, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per cubic meter), while Singapore ($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 Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform