Australia: Roundwood Market 2024

Roundwood Market Size in Australia

In 2022, the Australian roundwood market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Roundwood Production in Australia

In value terms, roundwood production shrank to $X in 2022 estimated in export price. In general, production, however, recorded a slight reduction. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Roundwood Exports

Exports from Australia

In 2022, overseas shipments of roundwood decreased by X% to X cubic meters, falling for the second year in a row after two years of growth. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X cubic meters in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, roundwood exports declined rapidly to $X in 2022. Over the period under review, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2013 with an increase of 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

Malaysia (X cubic meters), India (X cubic meters) and South Korea (X cubic meters) were the main destinations of roundwood exports from Australia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for roundwood exported from Australia were Malaysia ($X), India ($X) and South Korea ($X), together comprising X% of total exports. Vietnam and China lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Vietnam, 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 average roundwood export price stood at $X per cubic meter in 2022, rising by X% against the previous year. Over the period under review, export price indicated a strong 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 export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($X per cubic meter) and South Korea ($X per cubic meter), while the average price for exports to China ($X per cubic meter) and India ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Roundwood Imports

Imports into Australia

In 2022, purchases abroad of roundwood increased by X% to X cubic meters, rising for the second year in a row after two years of decline. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, roundwood imports skyrocketed to $X in 2022. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

New Zealand (X cubic meters), Serbia (X cubic meters) and Germany (X cubic meters) were the main suppliers of roundwood imports to Australia, together comprising X% of total imports. Sweden, China, the United Arab Emirates, Honduras, India and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest roundwood suppliers to Australia were New Zealand ($X), Honduras ($X) and China ($X), with a combined X% share of total imports. Germany, the United Arab Emirates, India, Sweden, Serbia and the United States lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average roundwood import price stood at $X per cubic meter in 2022, waning by X% against the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Serbia ($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 the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :