Asia-Pacific: Roundwood Market 2025

Roundwood Market Size in Asia-Pacific

In 2022, the Asia-Pacific roundwood market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, saw modest growth. The growth pace was the most rapid in 2018 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2021, and then contracted in the following year.

Roundwood Production in Asia-Pacific

In value terms, roundwood production contracted slightly to $X.6B in 2022 estimated in export price. In general, production recorded a strong increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X.2B. From 2020 to 2022, production growth failed to regain momentum.

Roundwood Exports

Exports in Asia-Pacific

For the third year in a row, Asia-Pacific recorded decline in overseas shipments of roundwood, which decreased by X% to X cubic meters in 2022. In general, exports showed a noticeable decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X cubic meters. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, roundwood exports fell to $X in 2022. Overall, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand dominates exports structure, accounting for X cubic meters, which was approx. X% of total exports in 2022. Papua New Guinea (X cubic meters) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Solomon Islands (X%). Japan (X cubic meters) and Australia (X cubic meters) took a little share of total exports.

New Zealand experienced a relatively flat trend pattern with regard to volume of exports of roundwood. At the same time, Solomon Islands (X%) and Japan (X%) displayed positive paces of growth. Moreover, Solomon Islands emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Papua New Guinea experienced a relatively flat trend pattern. By contrast, Australia (X%) illustrated a downward trend over the same period. New Zealand (X p.p.), Solomon Islands (X p.p.), Japan (X p.p.) and Papua New Guinea (X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, New Zealand ($X) remains the largest roundwood supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with an X% share of total exports. It was followed by Solomon Islands, with a X% share.

In New Zealand, roundwood exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Papua New Guinea (X% per year) and Solomon Islands (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per cubic meter in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Papua New Guinea ($X per cubic meter), while New Zealand ($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 Japan (X%), while the other leaders experienced more modest paces of growth.

Roundwood Imports

Imports in Asia-Pacific

In 2022, approx. X cubic meters of roundwood were imported in Asia-Pacific; declining by X% on the previous year. In general, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at X cubic meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, roundwood imports dropped sharply to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China represented the key importing country with an import of about X cubic meters, which finished at X% of total imports. Japan (X cubic meters) ranks second in terms of the total imports with an X% share, followed by India (X%) and South Korea (X%). The following importers - Vietnam (X cubic meters) and Lao People's Democratic Republic (X cubic meters) - together made up X% of total imports.

Imports into China decreased at an average annual rate of X% from 2012 to 2022. At the same time, Lao People's Democratic Republic (X%), Vietnam (X%) and India (X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. India (X p.p.), Vietnam (X p.p.) and Lao People's Democratic Republic (X p.p.) significantly strengthened its position in terms of the total imports, while Japan and China saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported roundwood in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by India, with a X% share.

In China, roundwood imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and India (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per cubic meter in 2022, growing by X% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price 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, roundwood import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per cubic meter), while Lao People's Democratic Republic ($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 China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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