Pakistan: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2024

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

The Pakistani market for saw logs and veneer logs (non-coniferous) stood at $X in 2022, increasing by 4.5% against the previous year. In general, consumption, however, saw a slight setback. Consumption of peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

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

In value terms, production of saw logs and veneer logs (non-coniferous) expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 when the production volume increased by 152%. Production of peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

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

Exports from Pakistan

Exports of saw logs and veneer logs (non-coniferous) from Pakistan soared to X cubic meters in 2022, surging by 91% against 2021. In general, exports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2013 when exports increased by 556% against the previous year. Over the period under review, the exports of reached the peak figure at X cubic meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) surged to $X in 2022. Overall, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of 594% against the previous year. The exports peaked at $X in 2014; however, from 2015 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 Pakistan, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +1.5%.

In value terms, China ($X) also remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from Pakistan.

From 2012 to 2022, the average annual growth rate of value to China was relatively modest.

Export Prices by Country

The average export price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2022, surging by 49% against the previous year. Over the period under review, the export price showed pronounced growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.4% per year.

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

Imports into Pakistan

In 2022, approx. X cubic meters of saw logs and veneer logs (non-coniferous) were imported into Pakistan; picking up by 54% on 2021. In general, imports continue to indicate a mild increase. The pace of growth appeared the most rapid in 2015 with an increase of 155% against the previous year. Imports peaked at X cubic meters in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2015 when imports increased by 78% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X cubic meters) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Pakistan, accounting for a 38% share of total imports. Moreover, imports of saw logs and veneer logs (non-coniferous) from the United States exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), fivefold. The third position in this ranking was held by Cameroon (X cubic meters), with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.6% per year) and Cameroon (+10.2% per year).

In value terms, the United States ($X), Romania ($X) and Germany ($X) constituted the largest saw logs and veneer logs (non-coniferous) suppliers to Pakistan, together accounting for 61% of total imports. Cameroon, Singapore, Sweden, Congo, Taiwan (Chinese), Afghanistan, Ukraine, Vietnam, Democratic Republic of the Congo and Austria lagged somewhat behind, together comprising a further 28%.

Ukraine, with a CAGR of +27.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, falling by -22.3% against the previous year. Overall, the import price saw a abrupt contraction. The growth pace was the most rapid in 2021 when the average import price increased by 26% against the previous year. The import price peaked at $X per cubic meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per cubic meter), while the price for Austria ($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 Romania (+4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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