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Report Update Feb 1, 2025

Eastern Asia - Densified Wood - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Densified Wood Market 2025

Densified Wood Market Size in Eastern Asia

The East Asian densified wood market dropped to $X in 2022, waning by -6.3% against the previous year. Over the period under review, consumption showed a perceptible contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Densified Wood Production in Eastern Asia

In value terms, densified wood production fell to $X in 2022 estimated in export price. In general, production recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 when the production volume increased by 16% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Densified Wood Exports

Exports in Eastern Asia

In 2022, the amount of densified wood exported in Eastern Asia declined to X tons, remaining stable against the previous year. Over the period under review, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 85%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, densified wood exports skyrocketed to $X in 2022. In general, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by 36% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

The shipments of the one major exporters of densified wood, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the densified wood exports, with a CAGR of +14.3% from 2012 to 2022. From 2012 to 2022, the share of China increased by +13 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest densified wood supplier in Eastern Asia.

In China, densified wood exports expanded at an average annual rate of +8.6% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, growing by 21% against the previous year. In general, the export price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 24% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.0% per year.

Densified Wood Imports

Imports in Eastern Asia

For the third consecutive year, Eastern Asia recorded decline in purchases abroad of densified wood, which decreased by -19% to X tons in 2022. In general, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2019 when imports increased by 5.6%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, densified wood imports rose rapidly to $X in 2022. Over the period under review, imports saw a slight decline. The growth pace was the most rapid in 2014 when imports increased by 22% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China was the major importing country with an import of around X tons, which finished at 46% of total imports. South Korea (X tons) took a 29% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (12%), Japan (6.5%) and Democratic People's Republic of Korea (5.4%).

From 2012 to 2022, the biggest increases were recorded for Democratic People's Republic of Korea (with a CAGR of +20.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported densified wood in Eastern Asia, comprising 55% of total imports. The second position in the ranking was taken by South Korea ($X), with a 24% share of total imports. It was followed by Taiwan (Chinese), with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value in China totaled +11.2%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-9.5% per year) and Taiwan (Chinese) (-6.2% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, jumping by 32% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 an increase of 38% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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 Japan ($X per ton), while Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of densified wood consumption, comprising approx. 82% of total volume. Moreover, densified wood consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fivefold.
China constituted the country with the largest volume of densified wood production, accounting for 83% of total volume. Moreover, densified wood production in China exceeded the figures recorded by the second-largest producer, Japan, fivefold.
In value terms, China remains the largest densified wood supplier in Eastern Asia.
In value terms, China, South Korea and Taiwan Chinese) constituted the countries with the highest levels of imports in 2021, together accounting for 89% of total imports. These countries were followed by Japan, Democratic People's Republic of Korea and Hong Kong SAR, which together accounted for a further 11%.
In 2021, the export price in Eastern Asia amounted to $775 per ton, picking up by 6.7% against the previous year.
In 2021, the import price in Eastern Asia amounted to $1,530 per ton, reducing by -4.8% against the previous year.

This report provides an in-depth analysis of the densified wood market in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 16212200 - Densified wood, in blocks, plates, strips or profile shapes

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Eastern Asia, split by region and country
  • Trade (exports and imports) in Eastern Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • China
    • Hong Kong SAR
    • Macao SAR
    • Japan
    • South Korea
    • Taiwan (Chinese)
    • Democratic People's Republic of Korea
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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