Eastern Asia: Industrial Roundwood Market 2025

Industrial Roundwood Market Size in Eastern Asia

The East Asian industrial roundwood market dropped to $X in 2022, waning by -9.3% against the previous year. In general, consumption, however, saw mild growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Industrial Roundwood Production in Eastern Asia

In value terms, industrial roundwood production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 16%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Industrial Roundwood Exports

Exports in Eastern Asia

In 2022, exports of industrial roundwood in Eastern Asia reduced notably to X cubic meters, shrinking by -26.5% on the year before. Over the period under review, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by 83%. Over the period under review, the exports attained the maximum at X cubic meters in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, industrial roundwood exports shrank sharply to $X in 2022. Overall, exports, however, saw modest growth. The most prominent rate of growth was recorded in 2014 when exports increased by 70%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Japan dominates exports structure, recording X cubic meters, which was approx. 97% of total exports in 2022. China (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to industrial roundwood exports from Japan stood at +14.9%. At the same time, China (+16.1%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +16.1% from 2012-2022. Japan (+43 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest industrial roundwood supplier in Eastern Asia, comprising 94% of total exports. The second position in the ranking was taken by China ($X), with a 3.2% share of total exports.

In Japan, industrial roundwood exports expanded at an average annual rate of +24.4% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per cubic meter, with an increase of 12% against the previous year. Overall, the export price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 43% against the previous year. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per cubic meter), while Japan stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.3%).

Industrial Roundwood Imports

Imports in Eastern Asia

In 2022, approx. X cubic meters of industrial roundwood were imported in Eastern Asia; waning by -33.6% on the previous year. Overall, imports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2013 with an increase of 21%. Over the period under review, imports attained the maximum at X cubic meters in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial roundwood imports declined rapidly to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China represented the main importer of industrial roundwood in Eastern Asia, with the volume of imports recording X cubic meters, which was approx. 83% of total imports in 2022. Japan (X cubic meters) ranks second in terms of the total imports with a 10% share, followed by South Korea (5.7%).

China was also the fastest-growing in terms of the industrial roundwood imports, with a CAGR of -1.2% from 2012 to 2022. Japan (-4.4%) and South Korea (-8.8%) illustrated a downward trend over the same period. While the share of China (+8.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Japan (-2.4 p.p.) and South Korea (-5.7 p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported industrial roundwood in Eastern Asia, comprising 84% of total imports. The second position in the ranking was taken by Japan ($X), with a 10% share of total imports.

In China, industrial roundwood imports increased at an average annual rate of +1.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-1.4% per year) and South Korea (-2.2% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per cubic meter in 2022, jumping by 25% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per cubic meter), while South Korea ($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 South Korea (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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