Hong Kong SAR, China - Coniferous Wood in the Rough - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong SAR, China: Market for Coniferous Wood In The Rough 2024
Exports of Coniferous Wood In The Rough
Exports from Hong Kong SAR, China
In 2022, after five years of decline, there was significant growth in overseas shipments of coniferous wood in the rough, when their volume increased by 26% to X cubic meters. Overall, exports, however, faced a precipitous descent. The most prominent rate of growth was recorded in 2016 when exports increased by 883% against the previous year. Over the period under review, the coniferous wood in rough exports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, coniferous wood in the rough exports expanded sharply to $X in 2022. In general, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 1,650% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
China (X cubic meters) was the main destination for coniferous wood in the rough exports from Hong Kong SAR, accounting for a approx. 100% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to China stood at -27.4%.
In value terms, China ($X) also remains the key foreign market for coniferous wood in the rough exports from Hong Kong SAR.
From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to -3.3%.
Export Prices by Country
The average export price for coniferous wood in the rough stood at $X per cubic meter in 2022, shrinking by -10.9% against the previous year. Over the period under review, the export price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2017 an increase of 136% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per cubic meter in 2021, and then dropped in the following year.
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 +33.1% per year.
Imports of Coniferous Wood In The Rough
Imports into Hong Kong SAR, China
In 2022, overseas purchases of coniferous wood in the rough were finally on the rise to reach X cubic meters for the first time since 2013, thus ending a eight-year declining trend. Over the period under review, imports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 79% against the previous year. As a result, imports reached the peak of X cubic meters. From 2014 to 2022, the growth of imports remained at a lower figure.
In value terms, coniferous wood in the rough imports expanded significantly to $X in 2022. In general, imports, however, continue to indicate a pronounced decrease. The growth pace was the most rapid in 2013 with an increase of 78%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.
Imports by Country
In 2022, Canada (X cubic meters) constituted the largest coniferous wood in the rough supplier to Hong Kong SAR, accounting for a 88% share of total imports. Moreover, coniferous wood in the rough imports from Canada exceeded the figures recorded by the second-largest supplier, New Zealand (X cubic meters), tenfold. The United States (X cubic meters) ranked third in terms of total imports with a 1.9% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Canada stood at +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+24.3% per year) and the United States (-29.5% per year).
In value terms, Canada ($X) constituted the largest supplier of coniferous wood in the rough to Hong Kong SAR, comprising 76% of total imports. The second position in the ranking was held by the United States ($X), with a 9.9% share of total imports. It was followed by New Zealand, with an 8.9% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Canada amounted to +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-16.8% per year) and New Zealand (+20.5% per year).
Import Prices by Country
The average import price for coniferous wood in the rough stood at $X per cubic meter in 2022, flattening at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 1.3% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Ukraine ($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 the United States (+18.1%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for coniferous wood in the rough in Hong Kong SAR, China. 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:
- FCL 1866 -
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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