Australia and Oceania: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Australia and Oceania

The market for saw logs and veneer logs (non-coniferous) in Australia and Oceania contracted slightly to $X in 2022, declining by -3.3% against the previous year. In general, consumption, however, saw a pronounced curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Australia and Oceania

In value terms, production of saw logs and veneer logs (non-coniferous) dropped slightly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 45% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

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

Exports in Australia and Oceania

After two years of decline, shipments abroad of saw logs and veneer logs (non-coniferous) increased by 3.5% to X cubic meters in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 31% against the previous year. The volume of export peaked at X cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) expanded markedly to $X in 2022. Total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 44% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Papua New Guinea was the main exporting country with an export of about X cubic meters, which amounted to 58% of total exports. Solomon Islands (X cubic meters) ranks second in terms of the total exports with a 32% share, followed by Australia (8%). New Zealand (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +40.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Papua New Guinea ($X), Solomon Islands ($X) and Australia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 98% share of total exports. These countries were followed by New Zealand, which accounted for a further 1.9%.

Among the main exporting countries, New Zealand, with a CAGR of +28.5%, 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 Australia and Oceania stood at $X per cubic meter in 2022, with an increase of 2.7% against the previous year. In general, the export price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2021 when the export price increased by 22%. Over the period under review, the export prices attained the peak figure at $X per cubic meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Solomon Islands ($X per cubic meter), while Australia ($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 Solomon Islands (+3.9%), while the other leaders experienced a decline in the export price figures.

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

Imports in Australia and Oceania

In 2022, overseas purchases of saw logs and veneer logs (non-coniferous) increased by 48% to X cubic meters, rising for the second consecutive year after two years of decline. In general, imports, however, continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2021 when imports increased by 80% against the previous year. Over the period under review, imports of attained the peak figure at X cubic meters in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) surged to $X in 2022. Overall, imports, however, showed a abrupt slump. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Australia (X cubic meters) and Fiji (X cubic meters) represented the main importers of saw logs and veneer logs (non-coniferous) in 2022, amounting to approx. 42% and 28% of total imports, respectively. Marshall Islands (X cubic meters) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by New Zealand (4.8%). The following importers - Kiribati (X cubic meters), Nauru (X cubic meters) and Papua New Guinea (X cubic meters) - together made up 9.7% of total imports.

From 2012 to 2022, the biggest increases were recorded for Kiribati (with a CAGR of +28.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Fiji ($X) and Marshall Islands ($X) were the countries with the highest levels of imports in 2022, together accounting for 81% of total imports. Kiribati, New Zealand, Nauru and Papua New Guinea lagged somewhat behind, together accounting for a further 14%.

Kiribati, with a CAGR of +33.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per cubic meter, rising by 18% against the previous year. Over the period under review, the import price, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2019 an increase of 85% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2020 to 2022, the import prices remained at a lower figure.

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 Kiribati ($X per cubic meter), while Marshall Islands ($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 Kiribati (+3.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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