Eastern Asia: Sawn Wood Market 2020

Sawn Wood Market Size in Eastern Asia

The revenue of the sawn wood market in Eastern Asia amounted to $X in 2018, shrinking by -X% against the previous year. Overall, sawn wood consumption continues to indicate an abrupt contraction. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. Over the period under review, the sawn wood market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Sawn Wood Production in Eastern Asia

In value terms, sawn wood production totaled $X in 2018 estimated in export prices. Overall, sawn wood production continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2009, when the output figure increased by X% year-to-year. In that year, sawn wood production attained its peak level of $X. From 2010 to 2018, sawn wood production growth failed to regain its momentum.

Sawn Wood Exports

Exports in Eastern Asia

In 2018, exports of wood sawn or chipped lengthwise in Eastern Asia totaled X cubic meters, falling by -X% against the previous year. Overall, sawn wood exports continue to indicate a deep curtailment. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. Over the period under review, sawn wood exports attained their peak figure at X cubic meters in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, sawn wood exports totaled $X in 2018. Overall, sawn wood exports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, sawn wood exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

The exports of the one major exporters of wood sawn or chipped lengthwise, namely China, represented more than two-thirds of total export.

China was also the fastest growing in terms of the wood sawn or chipped lengthwise exports, with a CAGR of -X% from 2007 to 2018. China (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual growth rate of value in China totaled -X%.

Export Prices by Country

In 2018, the sawn wood export price in Eastern Asia amounted to $X per thousand cubic meters, declining by -X% against the previous year. Over the period under review, the sawn wood export price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2011, an increase of X% against the previous year. The level of export price peaked at $X per thousand cubic meters in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

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

From 2007 to 2018, the rate of growth in terms of export prices for China amounted to -X% per year.

Sawn Wood Imports

Imports in Eastern Asia

In 2018, the amount of wood sawn or chipped lengthwise imported in Eastern Asia amounted to X cubic meters, going down by -X% against the previous year. The total imports indicated a measured growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2009, when imports increased by X% against the previous year. The volume of imports peaked at X cubic meters in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, sawn wood imports amounted to $X in 2018. Over the period under review, sawn wood imports, however, continue to indicate a moderate growth. The pace of growth appeared the most rapid in 2010, when imports increased by X% y-o-y. The level of imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Taiwan, Chinese was the largest importer of wood sawn or chipped lengthwise in Eastern Asia, with the volume of imports reaching X cubic meters, which was approx. X% of total imports in 2018. South Korea (X cubic meters) took a X% share (based on tons) of total imports, which put it in second place, followed by Japan (X%) and China (X%). China, Hong Kong SAR (X cubic meters) held a relatively small share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese, while the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported wood sawn or chipped lengthwise in Eastern Asia, comprising X% of total sawn wood imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and South Korea (-X% per year).

Import Prices by Country

In 2018, the sawn wood import price in Eastern Asia amounted to $X per cubic meter, surging by X% against the previous year. In general, the sawn wood import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, an increase of X% y-o-y. The level of import price peaked at $X per cubic meter in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per cubic meter), while Taiwan, Chinese ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by China, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform