Indonesia: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Indonesia

In 2022, the Indonesian sawnwood (coniferous) market decreased by -4.3% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption saw a relatively flat trend pattern. Sawnwood (coniferous) consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sawnwood (Coniferous) Production in Indonesia

In value terms, sawnwood (coniferous) production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 52% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Sawnwood (Coniferous) Exports

Exports from Indonesia

In 2022, the amount of sawnwood (coniferous) exported from Indonesia rose significantly to X cubic meters, with an increase of 11% against 2021. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of 582% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, sawnwood (coniferous) exports skyrocketed to $X in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 687%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X cubic meters) was the main destination for sawnwood (coniferous) exports from Indonesia, with a 53% share of total exports. Moreover, sawnwood (coniferous) exports to the United States exceeded the volume sent to the second major destination, Japan (X cubic meters), twofold. Australia (X cubic meters) ranked third in terms of total exports with a 21% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +98.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+19.7% per year) and Australia (+80.9% per year).

In value terms, the largest markets for sawnwood (coniferous) exported from Indonesia were the United States ($X), Japan ($X) and Australia ($X), together accounting for 96% of total exports. India and the United Arab Emirates lagged somewhat behind, together accounting for a further 3.4%.

Among the main countries of destination, India, with a CAGR of +284.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sawnwood (coniferous) export price amounted to $X per cubic meter, with an increase of 7.6% against the previous year. In general, the export price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2014 an increase of 44%. As a result, the export price reached the peak level of $X per cubic meter. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per cubic meter), while the average price for exports to the United Arab Emirates ($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 India (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports into Indonesia

Sawnwood (coniferous) imports into Indonesia reduced rapidly to X cubic meters in 2022, falling by -56% against the year before. Overall, imports recorded a dramatic decrease. The growth pace was the most rapid in 2014 with an increase of 126% against the previous year. As a result, imports attained the peak of X cubic meters. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, sawnwood (coniferous) imports dropped remarkably to $X in 2022. In general, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2014 when imports increased by 109% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

New Zealand (X cubic meters), Chile (X cubic meters) and Canada (X cubic meters) were the main suppliers of sawnwood (coniferous) imports to Indonesia, with a combined 72% share of total imports. The United States, Brazil, Finland, Australia and Uruguay lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of -4.7%), while purchases for the other leaders experienced a decline.

In value terms, the largest sawnwood (coniferous) suppliers to Indonesia were New Zealand ($X), Chile ($X) and Canada ($X), together comprising 64% of total imports. The United States, Brazil, Finland, Australia and Uruguay lagged somewhat behind, together comprising a further 25%.

Brazil, with a CAGR of +0.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average sawnwood (coniferous) import price amounted to $X per cubic meter, growing by 16% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 132%. The import price peaked at $X per cubic meter in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for New Zealand ($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 Canada (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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