India: Sawnwood (Coniferous) Market 2025

Sawnwood (Coniferous) Market Size in India

The Indian sawnwood (coniferous) market plummeted to $X in 2022, waning by -29.9% against the previous year. Overall, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X, and then contracted rapidly in the following year.

Sawnwood (Coniferous) Production in India

In value terms, sawnwood (coniferous) production reduced to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +54.3% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of 42%. As a result, production attained the peak level of $X, and then shrank in the following year.

Sawnwood (Coniferous) Exports

Exports from India

In 2022, exports of sawnwood (coniferous) from India surged to X cubic meters, increasing by 626% on 2021 figures. In general, exports saw a moderate increase. The exports peaked at X cubic meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, sawnwood (coniferous) exports soared to $X in 2022. Over the period under review, exports showed a remarkable increase. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Maldives (X cubic meters), Australia (X cubic meters) and Oman (X cubic meters) were the main destinations of sawnwood (coniferous) exports from India, together accounting for 74% of total exports.

From 2012 to 2022, the biggest increases were recorded for Maldives (with a CAGR of +135.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Maldives ($X), Australia ($X) and Qatar ($X) appeared to be the largest markets for sawnwood (coniferous) exported from India worldwide, with a combined 69% share of total exports.

Maldives, with a CAGR of +172.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sawnwood (coniferous) export price stood at $X per cubic meter in 2022, growing by 14% against the previous year. In general, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2021 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($X per cubic meter), while the average price for exports to Oman ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+41.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports into India

Sawnwood (coniferous) imports into India dropped remarkably to X cubic meters in 2022, waning by -48.6% compared with 2021 figures. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 1,757%. Imports peaked at X cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sawnwood (coniferous) imports contracted markedly to $X in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 1,327%. Over the period under review, imports reached the maximum at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

In 2022, Germany (X cubic meters) constituted the largest supplier of sawnwood (coniferous) to India, with a 48% share of total imports. Moreover, sawnwood (coniferous) imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X cubic meters), sixfold. The third position in this ranking was taken by the United States (X cubic meters), with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +62.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+79.7% per year) and the United States (+35.6% per year).

In value terms, Germany ($X) constituted the largest supplier of sawnwood (coniferous) to India, comprising 48% of total imports. The second position in the ranking was held by Austria ($X), with a 7.8% share of total imports. It was followed by the United States, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +62.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+80.1% per year) and the United States (+35.7% per year).

Import Prices by Country

The average sawnwood (coniferous) import price stood at $X per cubic meter in 2022, increasing by 1.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Canada ($X per cubic meter) and Ukraine ($X per cubic meter), while the price for New Zealand ($X per cubic meter) and the United States ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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