Asia: Roundwood Market 2025

Roundwood Market Size in Asia

After four years of growth, the Asian roundwood market decreased by X% to $X in 2022. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2021, and then dropped slightly in the following year.

Roundwood Production in Asia

In value terms, roundwood production shrank slightly to $X.9B in 2022 estimated in export price. In general, production, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production reached the peak level of $X.3B. From 2020 to 2022, production growth remained at a somewhat lower figure.

Roundwood Exports

Exports in Asia

In 2022, exports of roundwood in Asia dropped sharply to X cubic meters, waning by X% against the year before. Overall, exports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, roundwood exports dropped markedly to $X in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by X%. 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

In 2022, Japan (X cubic meters) was the key exporter of roundwood, committing X% of total exports. It was distantly followed by Malaysia (X cubic meters), comprising a X% share of total exports. Vietnam (X cubic meters), Cambodia (X cubic meters), China (X cubic meters), Lao People's Democratic Republic (X cubic meters) and Kyrgyzstan (X cubic meters) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to roundwood exports from Japan stood at X%. At the same time, China (X%) and Cambodia (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Kyrgyzstan (X%), Lao People's Democratic Republic (X%), Vietnam (X%) and Malaysia (X%) illustrated a downward trend over the same period. While the share of Japan (X p.p.), Malaysia (X p.p.), Cambodia (X p.p.), China (X p.p.), Kyrgyzstan (X p.p.) and Lao People's Democratic Republic (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Malaysia ($X) and Lao People's Democratic Republic ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. China, Cambodia, Vietnam and Kyrgyzstan lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, China, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per cubic meter in 2022, rising by X% against the previous year. Export price indicated resilient growth 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 export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per cubic meter), while Kyrgyzstan ($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.

Roundwood Imports

Imports in Asia

In 2022, the amount of roundwood imported in Asia shrank notably to X cubic meters, with a decrease of X% against the previous year. Overall, imports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, roundwood imports shrank remarkably to $X in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China represented the key importer of roundwood in Asia, with the volume of imports finishing at X cubic meters, which was approx. X% of total imports in 2022. 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 near X% share of total imports. 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, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Vietnam and Lao People's Democratic Republic increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per cubic meter, with an increase of 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, roundwood import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual 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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