Asia-Pacific: Market for Saw Logs And Veneer Logs 2025

Market Size for Saw Logs And Veneer Logs in Asia-Pacific

After six years of growth, the Asia-Pacific 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 remained relatively stable, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2021, and then contracted slightly in the following year.

Production of Saw Logs And Veneer Logs in Asia-Pacific

In value terms, saw logs and veneer logs production fell to $X in 2022 estimated in export price. Overall, production, however, posted a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Saw Logs And Veneer Logs

Exports in Asia-Pacific

For the third year in a row, Asia-Pacific recorded decline in overseas shipments of saw logs and veneer logs, which decreased by X% to X cubic meters in 2022. In general, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, saw logs and veneer logs exports dropped to $X in 2022. Overall, exports saw a pronounced downturn. 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 hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand dominates exports structure, amounting to X cubic meters, which was near X% of total exports in 2022. Papua New Guinea (X cubic meters) held a 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 relatively small share of total exports.

New Zealand experienced a relatively flat trend pattern with regard to volume of exports of saw logs and veneer logs. At the same time, Japan (X%) and Solomon Islands (X%) displayed positive paces of growth. Moreover, Japan 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 ($X) remains the largest saw logs and veneer logs supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with an X% share of total exports. It was followed by Solomon Islands, with a X% share.

In New Zealand, saw logs and veneer logs exports 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: 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 period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual 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 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.

Imports of Saw Logs And Veneer Logs

Imports in Asia-Pacific

In 2022, imports of saw logs and veneer logs in Asia-Pacific fell significantly to X cubic meters, with a decrease of X% against 2021 figures. Over the period under review, imports showed a perceptible contraction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X cubic meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs imports fell remarkably to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China represented the key importing country with an import of around X cubic meters, which reached X% of total imports. Japan (X cubic meters) held the second position in the ranking, followed by India (X cubic meters) and South Korea (X cubic meters). All these countries together held approx. X% share of total imports. Vietnam (X cubic meters) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to saw logs and veneer logs 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-Pacific, with a CAGR of X% from 2012-2022. India experienced a relatively flat trend pattern. By contrast, South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. Vietnam (X p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, saw logs and veneer logs imports expanded 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: 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, surging by X% against the previous year. Import price indicated a perceptible 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, saw logs and veneer logs import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per cubic meter), while South Korea ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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