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

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

The Australian market for saw logs and veneer logs (non-coniferous) declined modestly to $X in 2022, with a decrease of -2.5% against the previous year. Over the period under review, consumption, however, showed a slight shrinkage. 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

In value terms, production of saw logs and veneer logs (non-coniferous) declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2014 with an increase of 66% 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 from Australia

In 2022, overseas shipments of saw logs and veneer logs (non-coniferous) were finally on the rise to reach X cubic meters for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports posted a resilient expansion. The pace of growth was the most pronounced in 2015 when exports increased by 152% against the previous year. The exports peaked at X cubic meters in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of saw logs and veneer logs (non-coniferous) fell slightly to $X in 2022. In general, exports showed buoyant growth. The pace of growth was the most pronounced in 2015 when exports increased by 89% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from Australia, accounting for a 86% share of total exports. Moreover, exports of saw logs and veneer logs (non-coniferous) to Malaysia exceeded the volume sent to the second major destination, Vietnam (X cubic meters), more than tenfold. Singapore (X cubic meters) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia amounted to +79.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+65.7% per year) and Singapore (+32.1% per year).

In value terms, Malaysia ($X) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from Australia, comprising 76% of total exports. The second position in the ranking was held by Vietnam ($X), with a 7.1% share of total exports. It was followed by India, with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia amounted to +32.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+57.9% per year) and India (+2.1% per year).

Export Prices by Country

In 2022, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, which is down by -37.9% against the previous year. Overall, the export price recorded a noticeable descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 60%. The export price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per cubic meter), while the average price for exports to Malaysia ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.3%), while the prices for the other major destinations experienced a decline.

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

Imports into Australia

In 2022, supplies from abroad of saw logs and veneer logs (non-coniferous) increased by 15% to X cubic meters, rising for the second year in a row after two years of decline. Over the period under review, imports showed a prominent increase. The growth pace was the most rapid in 2018 with an increase of 1,252%. As a result, imports attained the peak of X cubic meters. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) surged to $X in 2022. In general, imports enjoyed a moderate increase. The pace of growth appeared the most rapid in 2016 when imports increased by 507% against the previous year. Over the period under review, imports of reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X cubic meters), China (X cubic meters) and India (X cubic meters) were the main suppliers of imports of saw logs and veneer logs (non-coniferous) to Australia, together accounting for 80% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +165.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest saw logs and veneer logs (non-coniferous) suppliers to Australia were the United Arab Emirates ($X), India ($X) and China ($X), together comprising 82% of total imports.

The United Arab Emirates, with a CAGR of +195.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2022, jumping by 38% against the previous year. Overall, the import price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2019 an increase of 229% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per cubic meter), while the price for China ($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 Myanmar (+25.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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