Southern Asia: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in Southern Asia

After six years of growth, the South Asian market for coniferous wood in the rough decreased by X% to $X in 2023. The total consumption indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2016 indices. The level of consumption peaked at $X in 2022, and then reduced modestly in the following year.

Production of Coniferous Wood In The Rough in Southern Asia

In value terms, coniferous wood in the rough production reduced slightly to $X in 2023 estimated in export price. The total production indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2016 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, coniferous wood in rough production attained the maximum level at $X in 2022, and then contracted in the following year.

Exports of Coniferous Wood In The Rough

Exports in Southern Asia

In 2023, after two years of decline, there was significant growth in shipments abroad of coniferous wood in the rough, when their volume increased by X% to X cubic meters. Over the period under review, exports, however, recorded a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the coniferous wood in rough exports attained the maximum at X cubic meters in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, coniferous wood in the rough exports surged to $X in 2023. In general, exports, however, faced a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the coniferous wood in rough exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of coniferous wood in the rough, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the coniferous wood in the rough exports, with a CAGR of X% from 2012 to 2023. India (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest coniferous wood in the rough supplier in Southern Asia.

From 2012 to 2023, the average annual rate of growth in terms of value in India stood at X%.

Export Prices by Country

The export price in Southern Asia stood at $X per cubic meter in 2023, dropping by X% against the previous year. Over the period under review, the export price, however, continues to indicate significant growth. The pace of growth was the most pronounced in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per cubic meter in 2022, and then shrank in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Coniferous Wood In The Rough

Imports in Southern Asia

After five years of growth, supplies from abroad of coniferous wood in the rough decreased by X% to X cubic meters in 2023. Over the period under review, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, coniferous wood in rough imports hit record highs at X cubic meters in 2022, and then fell in the following year.

In value terms, coniferous wood in the rough imports dropped modestly to $X in 2023. Total imports indicated resilient 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, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of import peaked at $X in 2022, and then declined in the following year.

Imports by Country

Bangladesh represented the major importing country with an import of about X cubic meters, which resulted at X% of total imports. Pakistan (X cubic meters) ranks second in terms of the total imports with a X% share, followed by India (X%).

From 2012 to 2023, the biggest increases were recorded for Bangladesh (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest coniferous wood in the rough importing markets in Southern Asia were Pakistan ($X), Bangladesh ($X) and India ($X), together comprising X% of total imports.

Pakistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per cubic meter, standing approx. at the previous year. Over the period under review, the import price showed a noticeable decrease. The growth pace was the most rapid in 2015 an increase of X%. The level of import peaked at $X per cubic meter in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was India ($X per cubic meter), while Bangladesh ($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 India (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform