Asia: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in Asia

In 2023, the Asian coniferous roundwood market decreased by X% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Coniferous Roundwood Production in Asia

In value terms, coniferous roundwood production dropped to $X in 2023 estimated in export price. The total production indicated notable growth from 2012 to 2023: its value 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. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Coniferous Roundwood Exports

Exports in Asia

In 2023, shipments abroad of roundwood (coniferous) was finally on the rise to reach X cubic meters for the first time since 2020, thus ending a two-year declining trend. Overall, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X cubic meters in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, coniferous roundwood exports reached $X in 2023. In general, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Japan dominates exports structure, accounting for X cubic meters, which was near X% of total exports in 2023. It was distantly followed by Kazakhstan (X cubic meters), mixing up a X% share of total exports. Kyrgyzstan (X cubic meters) followed a long way behind the leaders.

Exports from Japan increased at an average annual rate of X% from 2012 to 2023. At the same time, Kyrgyzstan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Japan, Kazakhstan and Kyrgyzstan increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest coniferous roundwood supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

In Japan, coniferous roundwood 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: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2023, the export price in Asia amounted to $X per cubic meter, dropping by X% against the previous year. In general, the export price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked at $X per cubic meter in 2022, and then declined in the following year.

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 Japan ($X per cubic meter), while Kazakhstan ($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 a decline in the export price figures.

Coniferous Roundwood Imports

Imports in Asia

Coniferous roundwood imports declined to X cubic meters in 2023, dropping by X% on 2022 figures. Over the period under review, imports showed a noticeable downturn. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2017 to 2023, the growth of imports remained at a lower figure.

In value terms, coniferous roundwood imports fell notably to $X in 2023. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, China (X cubic meters) represented the major importer of roundwood (coniferous), creating X% of total imports. South Korea (X cubic meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%) and India (X%).

From 2012 to 2023, average annual rates of growth with regard to coniferous roundwood imports into China stood at X%. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia, 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 and China increased by X and X percentage points, respectively.

In value terms, China ($X) constitutes the largest market for imported roundwood (coniferous) in Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by South Korea, with an X% share.

In China, coniferous roundwood imports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2023, the import price in Asia amounted to $X per cubic meter, which is down by X% against the previous year. Overall, the import price, however, recorded pronounced growth. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per cubic meter in 2022, and then fell in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in China ($X per cubic meter) and Japan ($X per cubic meter), while South Korea ($X per cubic meter) and India ($X per cubic meter) were 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