Indonesia: Sawnwood Market 2024

Sawnwood Market Size in Indonesia

For the fourth consecutive year, the Indonesian sawnwood market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, showed a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sawnwood Production in Indonesia

In value terms, sawnwood production totaled $X in 2022 estimated in export price. Overall, production, however, showed a drastic downturn. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Sawnwood Exports

Exports from Indonesia

In 2022, the amount of sawnwood exported from Indonesia dropped to X cubic meters, declining by X% on 2021 figures. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked at X cubic meters in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, sawnwood exports declined to $X in 2022. Overall, exports recorded a slight contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China (X cubic meters) was the main destination for sawnwood exports from Indonesia, with a X% share of total exports. Moreover, sawnwood exports to China exceeded the volume sent to the second major destination, Japan (X cubic meters), threefold. Malaysia (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Malaysia (X% per year).

In value terms, China ($X), Japan ($X) and Malaysia ($X) constituted the largest markets for sawnwood exported from Indonesia worldwide, with a combined X% share of total exports. The United States, Australia, Bangladesh and South Korea lagged somewhat behind, together comprising a further X%.

Bangladesh, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average sawnwood export price amounted to $X per cubic meter, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per cubic meter), while the average price for exports to Bangladesh ($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 Japan (X%), while the prices for the other major destinations experienced a decline.

Sawnwood Imports

Imports into Indonesia

In 2022, the amount of sawnwood imported into Indonesia fell slightly to X cubic meters, which is down by X% compared with 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X cubic meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sawnwood imports rose remarkably to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The United States (X cubic meters), New Zealand (X cubic meters) and Canada (X cubic meters) were the main suppliers of sawnwood imports to Indonesia, together accounting for X% of total imports. Chile, Uruguay, France, Germany, Brazil, Argentina and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of sawnwood to Indonesia, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Canada (X% per year).

Import Prices by Country

In 2022, the average sawnwood import price amounted to $X per cubic meter, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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

Source: IndexBox Platform

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