Eastern Asia: Pine Wood Market 2020

Pine Wood Market Size in Eastern Asia

The revenue of the pine wood market in Eastern Asia amounted to $X in 2017, jumping by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of pine wood consumption peaked in 2017, and is likely to continue its growth in the near future.

Pine Wood Production in Eastern Asia

The pine wood production totaled X cubic meters in 2017, surging by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014, when the output figure increased by X% y-o-y. Over the period under review, the pine wood production attained its peak figure volume in 2017, and is likely to continue its growth in the near future.

Pine Wood Exports in Eastern Asia

The exports amounted to X cubic meters in 2017, dropping by -X% against the previous year. The pine wood exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. The volume of exports peaked of X cubic meters in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, pine wood exports stood at $X in 2017. The pine wood exports continue to indicate a deep reduction. Over the period under review, the pine wood exports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Pine Wood Exports by Country in Eastern Asia

China was the major exporting country with an export of around X cubic meters, which resulted at X% of total exports. It was distantly followed by Japan (X cubic meters), South Korea (X cubic meters) and Taiwan, Chinese (X cubic meters), together achieving X% share of total exports. China, Hong Kong SAR (X cubic meters) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to pine wood exports from China stood at -X%. At the same time, Japan (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Taiwan, Chinese (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (X%), China, Hong Kong SAR (X%) and Taiwan, Chinese (X%) increased significantly in terms of the global exports from 2007-2017, the share of South Korea (-X%) and Japan (-X%) displayed negative dynamics.

In value terms, the largest pine wood markets worldwide were China ($X), Japan ($X) and South Korea ($X), together accounting for X% of total exports.

Japan (+X% per year) experienced the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Pine Wood Export Prices by Country in Eastern Asia

In 2017, the pine wood export price in Eastern Asia amounted to $X per cubic meter, approximately mirroring the previous year. The pine wood export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. In that year, the export prices for pine wood reached their peak level of $X per cubic meter. From 2009 to 2017, growth of the export prices for pine wood failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per cubic meter), while China, Hong Kong SAR ($X per cubic meter) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced a decline in the export price figures.

Pine Wood Imports in Eastern Asia

The imports totaled X cubic meters in 2017, remaining relatively unchanged against the previous year. The pine wood imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. The volume of imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, pine wood imports totaled $X in 2017. The pine wood imports continue to indicate a strong increase. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Pine Wood Imports by Country in Eastern Asia

In 2017, China (X cubic meters) was the largest importer for pine wood, creating X% of total imports. It was distantly followed by Japan (X cubic meters) and South Korea (X cubic meters), together creating X% share of total imports. Taiwan, Chinese (X cubic meters) occupied the slight share of total imports.

China was also the fastest growing in terms of the pine wood imports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%) displayed positive paces of growth. Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. While the share of Japan (X%) increased significantly in terms of the global imports from 2007-2017, the share of South Korea (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported pine wood in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and South Korea (+X% per year).

Pine Wood Import Prices by Country in Eastern Asia

In 2017, the pine wood import price in Eastern Asia amounted to $X per cubic meter, approximately equating the previous year. The pine wood import price continues to indicate a mild deduction. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. The level of import price peaked of $X per cubic meter in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per cubic meter), while China ($X per cubic meter) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform