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

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

The Asian market for saw logs and veneer logs (non-coniferous) contracted slightly to $X in 2023, approximately equating the previous year. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Asia

In value terms, production of saw logs and veneer logs (non-coniferous) dropped to $X in 2023 estimated in export price. In general, production recorded a perceptible decline. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2023, production of growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports in Asia

Exports of saw logs and veneer logs (non-coniferous) reduced modestly to X cubic meters in 2023, falling by X% on the previous year. Over the period under review, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) rose markedly to $X in 2023. Overall, exports saw a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Malaysia represented the largest exporter of saw logs and veneer logs (non-coniferous) in Asia, with the volume of exports recording X cubic meters, which was near X% of total exports in 2023. It was distantly followed by India (X cubic meters), Cambodia (X cubic meters) and Lao People's Democratic Republic (X cubic meters), together mixing up a X% share of total exports.

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

In value terms, Malaysia ($X) remains the largest saw logs and veneer logs (non-coniferous) supplier in Asia, comprising X% of total exports. The second position in the ranking was held by India ($X), with an X% share of total exports. It was followed by Lao People's Democratic Republic, with an X% share.

In Malaysia, exports of saw logs and veneer logs (non-coniferous) plunged by 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: India (X% per year) and Lao People's Democratic Republic (X% per year).

Export Prices by Country

The export price in Asia stood at $X per cubic meter in 2023, with an increase of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2023 and is likely to continue growth in the near future.

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 Lao People's Democratic Republic ($X per cubic meter), while India ($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 Lao People's Democratic Republic (X%), while the other leaders experienced a decline in the export price figures.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports in Asia

In 2023, the amount of saw logs and veneer logs (non-coniferous) imported in Asia declined notably to X cubic meters, waning by X% against 2022 figures. Over the period under review, imports showed a noticeable reduction. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports of hit record highs at X cubic meters in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) declined significantly to $X in 2023. Overall, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

China represented the major importer of saw logs and veneer logs (non-coniferous) in Asia, with the volume of imports recording X cubic meters, which was near X% of total imports in 2023. It was distantly followed by Lao People's Democratic Republic (X cubic meters), Vietnam (X cubic meters) and India (X cubic meters), together achieving a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to saw logs and veneer logs (non-coniferous) imports into China stood at X%. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. Lao People's Democratic Republic experienced a relatively flat trend pattern. By contrast, India (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Lao People's Democratic Republic and Vietnam increased by X and X percentage points, respectively.

In value terms, China ($X) constitutes the largest market for imported saw logs and veneer logs (non-coniferous) in Asia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with an X% share of total imports. It was followed by India, with a X% share.

In China, imports of saw logs and veneer logs (non-coniferous) contracted by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and India (X% per year).

Import Prices by Country

The import price in Asia stood at $X per cubic meter in 2023, waning by X% against the previous year. In general, the import price recorded a perceptible decrease. The growth pace was the most rapid in 2020 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per cubic meter in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per cubic meter), while Lao People's Democratic Republic ($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 China (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform