Southern Asia: Market for Saw Logs And Veneer Logs (Coniferous) 2024

Market Size for Saw Logs And Veneer Logs (Coniferous) in Southern Asia

The South Asian market for saw logs and veneer logs (coniferous) amounted to $X in 2023, growing by X% against the previous year. Over the period under review, consumption, however, posted a prominent expansion. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Coniferous) in Southern Asia

In value terms, production of saw logs and veneer logs (coniferous) expanded sharply to $X in 2023 estimated in export price. The total production indicated tangible 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 attained the peak level of $X. From 2022 to 2023, production of growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports in Southern Asia

In 2023, after two years of growth, there was significant decline in shipments abroad of saw logs and veneer logs (coniferous), when their volume decreased by X% to X cubic meters. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2014 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of saw logs and veneer logs (coniferous) fell dramatically to $X in 2023. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

India was the major exporting country with an export of around X cubic meters, which amounted to X% of total exports. Sri Lanka (X cubic meters) ranks second in terms of the total exports with a X% share, followed by Pakistan (X%).

Exports from India decreased at an average annual rate of X% from 2012 to 2023. At the same time, Pakistan (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. While the share of Sri Lanka (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of India (X p.p.) displayed negative dynamics.

In value terms, India ($X), Sri Lanka ($X) and Pakistan ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Pakistan, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per cubic meter in 2023, with a decrease of X% against the previous year. Export price indicated a moderate expansion from 2012 to 2023: its price 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. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per cubic meter in 2022, and then declined rapidly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Sri Lanka ($X per cubic meter), while India ($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 Pakistan (X%), while the other leaders experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports in Southern Asia

In 2023, approx. X cubic meters of saw logs and veneer logs (coniferous) were imported in Southern Asia; declining by X% on the previous year. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2018 when imports increased by X%. The volume of import peaked at X cubic meters in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (coniferous) shrank to $X in 2023. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports of attained the peak figure at $X in 2022, and then shrank in the following year.

Imports by Country

The purchases of the one major importers of saw logs and veneer logs (coniferous), namely India, represented more than two-thirds of total import.

India was also the fastest-growing in terms of the saw logs and veneer logs (coniferous) imports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of India increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported saw logs and veneer logs (coniferous) in Southern Asia.

In India, imports of saw logs and veneer logs (coniferous) expanded at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

The import price in Southern Asia stood at $X per cubic meter in 2023, increasing by X% against the previous year. Overall, the import price saw a tangible expansion. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices attained the maximum in 2023 and is likely to see gradual growth in years to come.

As there is only one major supplying country, 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.

Source: IndexBox Platform