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

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

The Chinese market for saw logs and veneer logs (non-coniferous) reduced to $X in 2022, falling by -5% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of saw logs and veneer logs (non-coniferous) fell to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 21%. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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

Exports from China

In 2022, overseas shipments of saw logs and veneer logs (non-coniferous) increased by 10% to X cubic meters for the first time since 2017, thus ending a four-year declining trend. In general, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of 652%. The exports peaked at X cubic meters in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of saw logs and veneer logs (non-coniferous) expanded sharply to $X in 2022. Over the period under review, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 when exports increased by 620%. Over the period under review, the exports of attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from China, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Vietnam amounted to +13.4%.

In value terms, Vietnam ($X) also remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from China.

From 2012 to 2022, the average annual growth rate of value to Vietnam totaled +11.6%.

Export Prices by Country

The average export price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2022, approximately mirroring the previous year. Over the period under review, the export price saw a noticeable curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 41%. Over the period under review, the average export prices reached the maximum at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to -1.5% per year.

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

Imports into China

Imports of saw logs and veneer logs (non-coniferous) into China reduced dramatically to X cubic meters in 2022, waning by -28.9% against 2021 figures. In general, imports saw a mild shrinkage. The pace of growth appeared the most rapid in 2014 when imports increased by 37%. Over the period under review, imports of attained the maximum at X cubic meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of saw logs and veneer logs (non-coniferous) stood at $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 51% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Russia (X cubic meters), Papua New Guinea (X cubic meters) and Solomon Islands (X cubic meters) were the main suppliers of imports of saw logs and veneer logs (non-coniferous) to China, with a combined 52% share of total imports. The United States, Brazil, France, Congo, Cameroon, Equatorial Guinea, Germany, Latvia and Mozambique lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +90.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest saw logs and veneer logs (non-coniferous) suppliers to China were Papua New Guinea ($X), the United States ($X) and Russia ($X), together comprising 39% of total imports. France, Solomon Islands, Congo, Cameroon, Mozambique, Equatorial Guinea, Brazil, Germany and Latvia lagged somewhat behind, together accounting for a further 37%.

Brazil, with a CAGR of +71.6%, 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, with an increase of 41% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for saw logs and veneer logs (non-coniferous) increased by +56.0% against 2020 indices. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mozambique ($X per cubic meter), while the price for Brazil ($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 France (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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