Overview of the Global Market for Coniferous Wood In The Rough

Market Size for Coniferous Wood In The Rough

The global market for coniferous wood in the rough expanded rapidly to $X in 2023, with an increase of X% against the previous year. In general, consumption, however, saw a pronounced downturn. Global consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Production of Coniferous Wood In The Rough

In value terms, coniferous wood in the rough production expanded notably to $X in 2023 estimated in export price. Over the period under review, production, however, showed a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Global production peaked at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.

Exports of Coniferous Wood In The Rough

Exports

In 2023, overseas shipments of coniferous wood in the rough decreased by X% to X cubic meters for the first time since 2019, thus ending a three-year rising trend. In general, exports saw a significant curtailment. The pace of growth was the most pronounced in 2013 with an increase of X%. The global exports peaked at X cubic meters in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, coniferous wood in the rough exports shrank modestly to $X in 2023. Over the period under review, exports faced a sharp decline. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the global coniferous wood in rough exports attained the peak figure at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Belarus (X cubic meters) represented the main exporter of coniferous wood in the rough, creating X% of total exports. Norway (X cubic meters) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Japan (X%). The following exporters - Democratic People's Republic of Korea (X cubic meters), Lao People's Democratic Republic (X cubic meters) and Montenegro (X cubic meters) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to coniferous wood in the rough exports from Belarus stood at X%. At the same time, Democratic People's Republic of Korea (X%), Lao People's Democratic Republic (X%), Japan (X%) and Montenegro (X%) displayed positive paces of growth. Moreover, Democratic People's Republic of Korea emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, Norway (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.), Norway (X p.p.), Japan (X p.p.), Democratic People's Republic of Korea (X p.p.), Lao People's Democratic Republic (X p.p.) and Montenegro (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Norway ($X), Belarus ($X) and Japan ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of global exports. Lao People's Democratic Republic, Democratic People's Republic of Korea and Montenegro lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Lao People's Democratic Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for coniferous wood in the rough stood at $X per cubic meter in 2023, therefore, remained relatively stable against the previous year. In general, the export price showed a slight downturn. The pace of growth appeared the most rapid in 2020 an increase of X%. The global export price peaked at $X per cubic meter in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per cubic meter), while Montenegro ($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 Lao People's Democratic Republic (X%), while the other global leaders experienced more modest paces of growth.

Imports of Coniferous Wood In The Rough

Imports

After six years of decline, supplies from abroad of coniferous wood in the rough increased by X% to X cubic meters in 2023. Overall, imports, however, faced a sharp descent. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X cubic meters. From 2017 to 2023, the growth of global imports remained at a somewhat lower figure.

In value terms, coniferous wood in the rough imports rose to $X in 2023. Over the period under review, imports, however, faced a precipitous curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, global coniferous wood in rough imports hit record highs at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

Japan prevails in imports structure, accounting for X cubic meters, which was approx. X% of total imports in 2023. Kazakhstan (X cubic meters), Norway (X cubic meters) and Bangladesh (X cubic meters) followed a long way behind the leaders.

Imports into Japan decreased at an average annual rate of X% from 2012 to 2023. At the same time, Bangladesh (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. By contrast, Norway (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Japan, Kazakhstan and Bangladesh 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 ($X) constitutes the largest market for imported coniferous wood in the rough worldwide, comprising X% of global imports. The second position in the ranking was held by Norway ($X), with a X% share of global imports. It was followed by Bangladesh, with a X% share.

In Japan, 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: Norway (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2023, the average import price for coniferous wood in the rough amounted to $X per cubic meter, almost unchanged from the previous year. Overall, the import price, however, showed a mild decrease. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Global import price peaked at $X per cubic meter in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

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 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 global leaders experienced a decline in the import price figures.

Source: IndexBox Platform