China: Market for Saw Logs And Veneer Logs (Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Coniferous) in China

The Chinese market for saw logs and veneer logs (coniferous) was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Saw Logs And Veneer Logs (Coniferous) in China

In value terms, production of saw logs and veneer logs (coniferous) dropped rapidly to $X in 2021 estimated in export price. Overall, production continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by 135%. Production of peaked at $X in 2020, and then declined significantly in the following year.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports from China

In 2021, the amount of saw logs and veneer logs (coniferous) exported from China shrank remarkably to X cubic meters, dropping by -67% compared with 2020 figures. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 166% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2017 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of saw logs and veneer logs (coniferous) soared to $X in 2021. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2014 when exports increased by 100%. Over the period under review, the exports of reached the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

Taiwan (Chinese) (X cubic meters) was the main destination for exports of saw logs and veneer logs (coniferous) from China, with a 43% share of total exports. Moreover, exports of saw logs and veneer logs (coniferous) to Taiwan (Chinese) exceeded the volume sent to the second major destination, Cambodia (X cubic meters), threefold. Thailand (X cubic meters) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to Taiwan (Chinese) totaled +129.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+71.8% per year) and Thailand (+571.3% per year).

In value terms, Taiwan (Chinese) ($X) emerged as the key foreign market for saw logs and veneer logs (coniferous) exports from China, comprising 60% of total exports. The second position in the ranking was taken by Nigeria ($X), with a 12% share of total exports. It was followed by Cambodia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Taiwan (Chinese) totaled +153.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+96.4% per year) and Cambodia (+184.0% per year).

Export Prices by Country

The average export price for saw logs and veneer logs (coniferous) stood at $X per cubic meter in 2021, rising by 293% against the previous year. Over the period under review, the export price enjoyed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Indonesia ($X per cubic meter), while the average price for exports to Thailand ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+65.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports into China

In 2021, approx. X cubic meters of saw logs and veneer logs (coniferous) were imported into China; increasing by 6.4% against the previous year. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +11.2% against 2016 indices. The growth pace was the most rapid in 2016 with an increase of 41% against the previous year. Over the period under review, imports of hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imports of saw logs and veneer logs (coniferous) soared to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

New Zealand (X cubic meters), Germany (X cubic meters) and Russia (X cubic meters) were the main suppliers of imports of saw logs and veneer logs (coniferous) to China, together comprising 71% of total imports. These countries were followed by the United States, Uruguay, the Czech Republic, Canada, Japan, France, Brazil and Australia, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +215.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Germany ($X) and the United States ($X) appeared to be the largest saw logs and veneer logs (coniferous) suppliers to China, with a combined 72% share of total imports. These countries were followed by Russia, Uruguay, Canada, the Czech Republic, Japan, France, Brazil and Australia, which together accounted for a further 22%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +214.2%, 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 import price for saw logs and veneer logs (coniferous) stood at $X per cubic meter in 2021, surging by 36% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2017 when the average import price increased by 46%. The import price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per cubic meter), while the price for Australia ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uruguay (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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