Report Update Nov 1, 2024

Hong Kong SAR, China - Saw Logs and Veneer Logs (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for Saw Logs And Veneer Logs (Coniferous) 2024

Market Size for Saw Logs And Veneer Logs (Coniferous) in Hong Kong SAR, China

In 2021, the Hong Kong market for saw logs and veneer logs (coniferous) increased by 55% to $X, rising for the sixth year in a row after two years of decline. In general, consumption posted a significant increase. Consumption of peaked in 2021 and is likely to continue growth in the near future.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports from Hong Kong SAR, China

Exports of saw logs and veneer logs (coniferous) from Hong Kong SAR shrank to X cubic meters in 2021, which is down by -11.2% on the previous year. In general, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 818%. The exports peaked at X cubic meters in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of saw logs and veneer logs (coniferous) fell to $X in 2021. Over the period under review, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 796% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X cubic meters) was the main destination for exports of saw logs and veneer logs (coniferous) from Hong Kong SAR, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada stood at +50,875.0%.

In value terms, Canada ($X) emerged as the key foreign market for saw logs and veneer logs (coniferous) exports from Hong Kong SAR.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at +48,859.5%.

Export Prices by Country

In 2021, the average export price for saw logs and veneer logs (coniferous) amounted to $X per cubic meter, which is down by -2.1% against the previous year. In general, the export price, however, recorded a temperate increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 143%. As a result, the export price attained the peak level of $X per cubic meter. From 2018 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +16.9% per year.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports into Hong Kong SAR, China

In 2021, overseas purchases of saw logs and veneer logs (coniferous) increased by 28% to X cubic meters, rising for the sixth consecutive year after two years of decline. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 296%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, imports of saw logs and veneer logs (coniferous) skyrocketed to $X in 2021. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 450% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, New Zealand (X cubic meters) was the main supplier of saw logs and veneer logs (coniferous) to Hong Kong SAR, accounting for a 93% share of total imports. It was followed by the Netherlands (X cubic meters), with a 2.6% share of total imports. Germany (X cubic meters) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2021, the average annual growth rate of volume from New Zealand amounted to +157.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+916.9% per year) and Germany (+204.7% per year).

In value terms, New Zealand ($X) constituted the largest supplier of saw logs and veneer logs (coniferous) to Hong Kong SAR, comprising 92% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 3.4% share of total imports. It was followed by Germany, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from New Zealand stood at +152.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+549.9% per year) and Germany (+109.4% per year).

Import Prices by Country

The average import price for saw logs and veneer logs (coniferous) stood at $X per cubic meter in 2021, increasing by 32% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2018 an increase of 39%. As a result, import price reached the peak level of $X per cubic meter. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Slovakia ($X per cubic meter), while the price for New Zealand ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saw logs and veneer logs (coniferous) in the world?

The countries with the highest volumes of consumption of saw logs and veneer logs coniferous) in 2021 were the United States, Russia and Canada, with a combined 46% share of global consumption.

What are the largest producers of saw logs and veneer logs (coniferous) in the world?

The countries with the highest volumes of production of saw logs and veneer logs coniferous) in 2021 were the United States, Russia and Canada, with a combined 49% share of global production. These countries were followed by Sweden, Germany, New Zealand, Finland, Brazil, Poland, Chile, China, the Czech Republic and Japan, which together accounted for a further 33%.

What are the leading suppliers of saw logs and veneer logs (coniferous) to Hong Kong SAR, China?

In value terms, New Zealand constituted the largest supplier of saw logs and veneer logs coniferous) to Hong Kong SAR, comprising 89% of total imports. The second position in the ranking was occupied by the Netherlands, with a 5.8% share of total imports.

What are the leading importers of saw logs and veneer logs (coniferous) from Hong Kong SAR, China?

In value terms, Canada remains the key foreign market for saw logs and veneer logs coniferous) exports from Hong Kong SAR.

What is the average export price for saw logs and veneer logs (coniferous) in Hong Kong SAR, China?

The average export price for saw logs and veneer logs coniferous) stood at $41 per cubic meter in 2021, falling by -2.1% against the previous year.

What is the average import price for saw logs and veneer logs (coniferous) in Hong Kong SAR, China?

In 2021, the average import price for saw logs and veneer logs coniferous) amounted to $260 per cubic meter, picking up by 12% against the previous year.

This report provides an in-depth analysis of the market for saw logs and veneer logs (coniferous) 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 1601 - Sawlogs and veneer logs, coniferous
FCL 1602 - Pulpwood, round and split, coniferous (production)
FCL 1623 - Other industrial roundwood, coniferous (production)

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.

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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023