Malaysia: Chipped Coniferous Wood Market 2020

Chipped Coniferous Wood Market Size in Malaysia

The revenue of the chipped coniferous wood market in Malaysia amounted to $X in 2018, rising by X% against the previous year. In general, chipped coniferous wood consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. In that year, the chipped coniferous wood market attained its peak level of $X. From 2015 to 2018, the growth of the chipped coniferous wood market failed to regain its momentum.

Chipped Coniferous Wood Production in Malaysia

In value terms, chipped coniferous wood production totaled $X in 2018 estimated in export prices. In general, chipped coniferous wood production continues to indicate a moderate reduction. The growth pace was the most rapid in 2018 when production volume increased by X% against the previous year. Over the period under review, chipped coniferous wood production reached its maximum level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Chipped Coniferous Wood Exports

Exports from Malaysia

In 2018, approx. X tons of coniferous wood in chips or particles were exported from Malaysia; falling by -X% against the previous year. Overall, chipped coniferous wood exports continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at X tons in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, chipped coniferous wood exports totaled $X in 2018. Over the period under review, chipped coniferous wood exports continue to indicate a deep descent. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Yemen (X tons) was the main destination for chipped coniferous wood exports from Malaysia, with a X% share of total exports. It was followed by Oman (X kg), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Yemen totaled +X%.

In value terms, Yemen ($X) remains the key foreign market for chipped coniferous wood exports from Malaysia, comprising X% of total chipped coniferous wood exports. The second position in the ranking was occupied by Oman ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value to Yemen amounted to -X%.

Export Prices by Country

In 2018, the average chipped coniferous wood export price amounted to $X per ton, going up by X% against the previous year. In general, the chipped coniferous wood export price, however, continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for coniferous wood in chips or particles attained their maximum at $X per ton in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Oman ($X per ton), while the average price for exports to Yemen totaled $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Oman.

Chipped Coniferous Wood Imports

Imports into Malaysia

Chipped coniferous wood imports into Malaysia amounted to X tons in 2018, growing by X% against the previous year. In general, chipped coniferous wood imports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. In that year, chipped coniferous wood imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, chipped coniferous wood imports amounted to $X in 2018. Overall, chipped coniferous wood imports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. In that year, chipped coniferous wood imports reached their peak of $X. From 2013 to 2018, the growth of chipped coniferous wood imports remained at a lower figure.

Imports by Country

In 2018, Bangladesh (X tons) constituted the largest supplier of chipped coniferous wood to Malaysia, with a X% share of total imports. Moreover, chipped coniferous wood imports from Bangladesh exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), ninefold. Australia (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Bangladesh totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Australia (+X% per year).

In value terms, Bangladesh ($X) constituted the largest supplier of chipped coniferous wood to Malaysia, comprising X% of total chipped coniferous wood imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Bangladesh stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Vietnam (+X% per year).

Import Prices by Country

The average chipped coniferous wood import price stood at $X per ton in 2018, declining by -X% against the previous year. Over the period under review, the chipped coniferous wood import price, however, continues to indicate temperate growth. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. In that year, the average import prices for coniferous wood in chips or particles reached their peak level of $X per ton. From 2013 to 2018, the growth in terms of the average import prices for coniferous wood in chips or particles remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform