Southern Asia: Industrial Roundwood Market 2024

Industrial Roundwood Market Size in Southern Asia

The South Asian industrial roundwood market reduced to $X in 2022, dropping by -3.7% against the previous year. In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 7.5%. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Industrial Roundwood Production in Southern Asia

In value terms, industrial roundwood production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 5.6%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Industrial Roundwood Exports

Exports in Southern Asia

Industrial roundwood exports fell significantly to X cubic meters in 2022, with a decrease of -80.6% on the previous year's figure. In general, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2015 when exports increased by 2,455% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, industrial roundwood exports fell significantly to $X in 2022. Overall, exports, however, posted a perceptible increase. The pace of growth was the most pronounced in 2015 with an increase of 1,220%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

India dominates exports structure, amounting to X cubic meters, which was near 97% of total exports in 2022. Afghanistan (X cubic meters) followed a long way behind the leaders.

India was also the fastest-growing in terms of the industrial roundwood exports, with a CAGR of +10.3% from 2012 to 2022. Afghanistan (-13.6%) illustrated a downward trend over the same period. India (+36 p.p.) significantly strengthened its position in terms of the total exports, while Afghanistan saw its share reduced by -11.7% from 2012 to 2022, respectively.

In value terms, India ($X) remains the largest industrial roundwood supplier in Southern Asia, comprising 96% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a 2.2% share of total exports.

In India, industrial roundwood exports increased at an average annual rate of +15.2% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per cubic meter in 2022, rising by 27% against the previous year. In general, the export price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2016 an increase of 48%. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($X per cubic meter), while India totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.4%).

Industrial Roundwood Imports

Imports in Southern Asia

In 2022, the amount of industrial roundwood imported in Southern Asia contracted notably to X cubic meters, falling by -21.4% on the year before. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 123% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2021, and then shrank significantly in the following year.

In value terms, industrial roundwood imports declined notably to $X in 2022. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 58%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

India dominates imports structure, finishing at X cubic meters, which was approx. 96% of total imports in 2022. Pakistan (X cubic meters) followed a long way behind the leaders.

India experienced a relatively flat trend pattern with regard to volume of imports of industrial roundwood. At the same time, Pakistan (+18.2%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +18.2% from 2012-2022. While the share of India (+3.3 p.p.) and Pakistan (+1.7 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported industrial roundwood in Southern Asia, comprising 97% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 2% share of total imports.

From 2012 to 2022, the average annual growth rate of value in India totaled -9.3%.

Import Prices by Country

The import price in Southern Asia stood at $X per cubic meter in 2022, which is down by -6.1% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 131% against the previous year. The level of import peaked at $X per cubic meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per cubic meter), while Pakistan stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-9.6%).

Source: IndexBox Platform

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