Southern Asia: Industrial Roundwood (Non-Coniferous) Market 2024

Industrial Roundwood (Non-Coniferous) Market Size in Southern Asia

The South Asian industrial roundwood (non-coniferous) market fell to $X in 2022, leveling off at the previous year. Overall, consumption saw a mild shrinkage. The growth pace was the most rapid in 2018 when the market value increased by 4%. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Industrial Roundwood (Non-Coniferous) Production in Southern Asia

In value terms, industrial roundwood (non-coniferous) production stood at $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 6.1% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, (non-coniferous) production growth remained at a somewhat lower figure.

Industrial Roundwood (Non-Coniferous) Exports

Exports in Southern Asia

In 2022, approx. X cubic meters of industrial roundwood were exported in Southern Asia; which is down by -81.4% against the previous year. Over the period under review, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2015 with an increase of 2,666%. As a result, the exports attained the peak of X cubic meters. From 2016 to 2022, the growth of the (non-coniferous) exports remained at a lower figure.

In value terms, industrial roundwood (non-coniferous) exports contracted significantly to $X in 2022. Overall, exports, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,252%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the (non-coniferous) exports remained at a lower figure.

Exports by Country

India prevails in exports structure, finishing at X cubic meters, which was near 97% of total exports in 2022. Afghanistan (X cubic meters) held a minor share of total exports.

India was also the fastest-growing in terms of the industrial roundwood exports, with a CAGR of +14.1% from 2012 to 2022. Afghanistan (-13.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India increased by +46 percentage points.

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

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at +16.7%.

Export Prices by Country

The export price in Southern Asia stood at $X per cubic meter in 2022, with an increase of 30% against the previous year. Over the period under review, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the export price increased by 49% against the previous year. The level of export peaked at $X per cubic meter in 2013; however, from 2014 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 amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.3%).

Industrial Roundwood (Non-Coniferous) Imports

Imports in Southern Asia

In 2022, the amount of industrial roundwood imported in Southern Asia dropped markedly to X cubic meters, waning by -40.1% on the previous year. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 44%. Over the period under review, (non-coniferous) imports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial roundwood (non-coniferous) imports reduced remarkably to $X in 2022. In general, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 29%. Over the period under review, (non-coniferous) imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India dominates imports structure, reaching X cubic meters, which was approx. 97% of total imports in 2022. Pakistan (X cubic meters) followed a long way behind the leaders.

Imports into India decreased at an average annual rate of -14.2% from 2012 to 2022. At the same time, Pakistan (+1.6%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +1.6% from 2012-2022. India (+3.3 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported industrial roundwood in Southern Asia, comprising 98% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 1.4% share of total imports.

In India, industrial roundwood (non-coniferous) imports declined by an average annual rate of -15.3% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per cubic meter, declining by -4.8% against the previous year. In general, the import price saw a mild curtailment. The pace of growth appeared the most rapid in 2013 when the import price increased by 138%. Over the period under review, import prices reached the peak figure at $X per cubic meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied somewhat 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 amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :