ASEAN: Market for Saw Logs And Veneer Logs 2025

Market Size for Saw Logs And Veneer Logs in ASEAN

After six years of growth, the ASEAN market for saw logs and veneer logs decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2021, and then reduced modestly in the following year.

Production of Saw Logs And Veneer Logs in ASEAN

In value terms, saw logs and veneer logs production shrank slightly to $X in 2022 estimated in export price. In general, production, however, showed a significant expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs

Exports in ASEAN

In 2022, the amount of saw logs and veneer logs exported in ASEAN shrank rapidly to X cubic meters, reducing by X% compared with 2021 figures. Overall, exports recorded a sharp decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs exports dropped significantly to $X in 2022. In general, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia dominates exports structure, accounting for X cubic meters, which was near X% of total exports in 2022. Cambodia (X cubic meters) took the second position in the ranking, followed by Lao People's Democratic Republic (X cubic meters), Myanmar (X cubic meters) and Vietnam (X cubic meters). All these countries together held near X% share of total exports. Thailand (X cubic meters) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to saw logs and veneer logs exports from Malaysia stood at X%. At the same time, Thailand (X%), Cambodia (X%) and Lao People's Democratic Republic (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Vietnam (X%) and Myanmar (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.), Cambodia (X p.p.), Lao People's Democratic Republic (X p.p.), Vietnam (X p.p.) and Thailand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Myanmar (X p.p.) displayed negative dynamics.

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

In Malaysia, saw logs and veneer logs exports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Lao People's Democratic Republic (X% per year) and Cambodia (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per cubic meter, with an increase of X% against the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per cubic meter), while Vietnam ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports in ASEAN

In 2022, after two years of decline, there was significant growth in overseas purchases of saw logs and veneer logs, when their volume increased by X% to X cubic meters. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked at X cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, saw logs and veneer logs imports expanded to $X in 2022. Total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2017 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Vietnam prevails in imports structure, accounting for X cubic meters, which was approx. X% of total imports in 2022. It was distantly followed by Malaysia (X cubic meters), committing a X% share of total imports. Indonesia (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to saw logs and veneer logs imports into Vietnam stood at X%. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) illustrated a downward trend over the same period. Vietnam (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total imports, while Indonesia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Vietnam ($X) constitutes the largest market for imported saw logs and veneer logs in ASEAN, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports.

In Vietnam, saw logs and veneer logs imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Indonesia (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per cubic meter in 2022, with a decrease of X% against the previous year. Overall, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, import price attained the peak level of $X per cubic meter. From 2017 to 2022, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per cubic meter), while Vietnam ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform