Japan: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in Japan

The Japanese market for coniferous wood in the rough declined slightly to $X in 2022, with a decrease of -3.8% against the previous year. Over the period under review, consumption saw a noticeable reduction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Coniferous Wood In The Rough in Japan

In value terms, coniferous wood in the rough production declined to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 13% against the previous year. Coniferous wood in the rough production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Coniferous Wood In The Rough

Exports from Japan

In 2016, the amount of coniferous wood in the rough exported from Japan rose rapidly to X cubic meters, with an increase of 14% compared with 2015 figures. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2014 when exports increased by 114%. Over the period under review, the coniferous wood in rough exports attained the peak figure in 2016 and are expected to retain growth in the immediate term.

In value terms, coniferous wood in the rough exports dropped to $X in 2016. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 106% against the previous year. Over the period under review, the coniferous wood in rough exports attained the maximum at $X in 2015, and then shrank in the following year.

Exports by Country

China (X cubic meters) was the main destination for coniferous wood in the rough exports from Japan, with a 67% share of total exports. Moreover, coniferous wood in the rough exports to China exceeded the volume sent to the second major destination, South Korea (X cubic meters), threefold.

From 2012 to 2016, the average annual rate of growth in terms of volume to China amounted to +117.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+33.2% per year) and Taiwan (Chinese) (-1.6% per year).

In value terms, China ($X) remains the key foreign market for coniferous wood in the rough exports from Japan, comprising 67% of total exports. The second position in the ranking was taken by South Korea ($X), with a 23% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of value to China stood at +111.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+29.3% per year) and Taiwan (Chinese) (-4.4% per year).

Export Prices by Country

The average export price for coniferous wood in the rough stood at $X per cubic meter in 2016, shrinking by -17.1% against the previous year. In general, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 an increase of 12% against the previous year. As a result, the export price reached the peak level of $X per cubic meter, and then contracted remarkably in the following year.

Average prices varied noticeably for the major foreign markets. In 2016, amid the top suppliers, the country with the highest price was South Korea ($X per cubic meter), while the average price for exports to Taiwan (Chinese) ($X per cubic meter) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-2.9%), while the prices for the other major destinations experienced a decline.

Imports of Coniferous Wood In The Rough

Imports into Japan

After two years of decline, supplies from abroad of coniferous wood in the rough increased by 11% to X cubic meters in 2016. Over the period under review, imports, however, saw a mild setback. The growth pace was the most rapid in 2013 with an increase of 11%. As a result, imports reached the peak of X cubic meters. From 2014 to 2016, the growth of imports remained at a lower figure.

In value terms, coniferous wood in the rough imports rose remarkably to $X in 2016. In general, imports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 11%. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2016, the United States (X cubic meters) constituted the largest coniferous wood in the rough supplier to Japan, accounting for a 61% share of total imports. Moreover, coniferous wood in the rough imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X cubic meters), twofold. The third position in this ranking was taken by New Zealand (X cubic meters), with a 7.4% share.

From 2012 to 2016, the average annual rate of growth in terms of volume from the United States stood at +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-5.7% per year) and New Zealand (-10.8% per year).

In value terms, the United States ($X) constituted the largest supplier of coniferous wood in the rough to Japan, comprising 61% of total imports. The second position in the ranking was held by Canada ($X), with a 28% share of total imports. It was followed by New Zealand, with a 7.4% share.

From 2012 to 2016, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-9.0% per year) and New Zealand (-13.9% per year).

Import Prices by Country

The average import price for coniferous wood in the rough stood at $X per cubic meter in 2016, which is down by -5.1% against the previous year. In general, the import price showed a noticeable decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by less than 0.1% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2016, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2016, amid the top importers, the highest price was recorded for prices from Russia ($X per cubic meter) and the United States ($X per cubic meter), while the price for Canada ($X per cubic meter) and New Zealand ($X per cubic meter) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the United States (-3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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