Myanmar: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Myanmar

The Myanmar's market for saw logs and veneer logs (non-coniferous) dropped to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Myanmar

In value terms, production of saw logs and veneer logs (non-coniferous) shrank significantly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a temperate expansion. The growth pace was the most rapid in 2019 with an increase of 81% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from Myanmar

In 2022, approx. X cubic meters of saw logs and veneer logs (non-coniferous) were exported from Myanmar; waning by -69.6% compared with 2021 figures. Overall, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2019 when exports increased by 434%. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) contracted remarkably to $X in 2022. Over the period under review, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 589% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from Myanmar, with a 76% share of total exports. Moreover, exports of saw logs and veneer logs (non-coniferous) to China exceeded the volume sent to the second major destination, Cambodia (X cubic meters), sevenfold. The third position in this ranking was held by India (X cubic meters), with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled -34.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (0.0% per year) and India (-59.4% per year).

In value terms, China ($X) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from Myanmar, comprising 76% of total exports. The second position in the ranking was held by Cambodia ($X), with a 10% share of total exports. It was followed by India, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value to China stood at -31.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (0.0% per year) and India (-55.8% per year).

Export Prices by Country

In 2022, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, growing by 19% against the previous year. In general, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 39% against the previous year. The export price peaked at $X per cubic meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($X per cubic meter) and India ($X per cubic meter), while the average price for exports to China ($X per cubic meter) and South Korea ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into Myanmar

In 2021, approx. X cubic meters of saw logs and veneer logs (non-coniferous) were imported into Myanmar; remaining constant against the previous year. In general, imports recorded a perceptible contraction. The growth pace was the most rapid in 2019 when imports increased by 175%. Imports peaked at X cubic meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of saw logs and veneer logs (non-coniferous) stood at $X in 2021. Over the period under review, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2016 with an increase of 137%. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Lao People's Democratic Republic (X cubic meters) was the main supplier of saw logs and veneer logs (non-coniferous) to Myanmar, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Lao People's Democratic Republic was relatively modest.

In value terms, Lao People's Democratic Republic ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Myanmar.

From 2012 to 2021, the average annual growth rate of value from Lao People's Democratic Republic was relatively modest.

Import Prices by Country

In 2021, the average import price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, approximately mirroring the previous year. Over the period under review, the import price enjoyed a slight expansion. The most prominent rate of growth was recorded in 2018 an increase of 138%. As a result, import price attained the peak level of $X per cubic meter. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Lao People's Democratic Republic.

From 2012 to 2021, the rate of growth in terms of prices for Thailand amounted to +89.2% per year.

Source: IndexBox Platform

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