Southern Asia: Pine Wood Market 2020

Pine Wood Market Size in Southern Asia

The revenue of the pine wood market in Southern Asia amounted to $X in 2017, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The pine wood consumption continues to indicate a skyrocketing increase. The growth pace was the most rapid in 2015, with an increase of X% against the previous year. In that year, the pine wood market reached their peak level of $X. From 2016 to 2017, growth of the pine wood market stood at a somewhat lower level.

Pine Wood Exports in Southern Asia

In 2017, pine wood exports in Southern Asia amounted to X cubic meters, coming up by X% against the previous year. The pine wood exports continue to indicate an abrupt slump. The growth pace was the most rapid in 2017, when it surged by X% year-to-year. Over the period under review, the pine wood exports attained its peak figure volume of X cubic meters in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, pine wood exports stood at $X in 2017. The pine wood exports continue to indicate an abrupt setback. Over the period under review, the pine wood exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Pine Wood Exports by Country in Southern Asia

India dominates pine wood exports structure, amounting to X cubic meters, which was approx. X% of total exports in 2017. Bangladesh (X cubic meters) took a X% share (based on tons) of total exports, which put it in second place, followed by Sri Lanka (X%). Bhutan (X cubic meters) took the mild share of total exports.

India was also the fastest growing in terms of the pine wood exports, with a CAGR of +X% from 2007 to 2017. Sri Lanka (-X%), Bhutan (-X%) and Bangladesh (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Bangladesh, Bhutan and Sri Lanka increased by X%, X% and X% percentage points, while India (-X%) saw their share reduced.

In value terms, India ($X) remains the largest pine wood supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global exports. It was followed by Sri Lanka, with a X% share.

In India, pine wood exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Bangladesh (-X% per year) and Sri Lanka (-X% per year).

Pine Wood Export Prices by Country in Southern Asia

In 2017, the pine wood export price in Southern Asia amounted to $X per cubic meter, picking up by X% against the previous year. The pine wood export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, when the export prices increased by X% against the previous year. In that year, the export prices for pine wood reached their peak level of $X per cubic meter. From 2016 to 2017, growth of the export prices for pine wood failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was India ($X per cubic meter), while Bhutan ($X per cubic meter) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year), while the other leaders experienced a decline in the export price figures.

Pine Wood Imports in Southern Asia

In 2017, approx. X cubic meters of pine wood were imported in Southern Asia; shrinking by -X% against the previous year. The pine wood imports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. Over the period under review, the pine wood imports reached its peak figure volume of X cubic meters in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, pine wood imports amounted to $X in 2017. The pine wood imports continue to indicate a remarkable increase. Over the period under review, the pine wood imports reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Pine Wood Imports by Country in Southern Asia

India dominates pine wood imports structure, recording X cubic meters, which was approx. X% of total imports in 2017. It was distantly followed by Bangladesh (X cubic meters), making up X% share of total imports. Sri Lanka (X cubic meters), Maldives (X cubic meters) and Pakistan (X cubic meters) took the weak share of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Pakistan (+X%), Bangladesh (+X%), Sri Lanka (+X%) and Maldives (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. While the share of Sri Lanka (-X%), Bangladesh (-X%) and India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported pine wood in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global imports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Sri Lanka (+X% per year).

Pine Wood Import Prices by Country in Southern Asia

The pine wood import price in Southern Asia stood at $X per cubic meter in 2017, standing approx. at the previous year. The pine wood import price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2014, when it surged by -X% y-o-y. Over the period under review, the import prices for pine wood attained its maximum level of $X per cubic meter in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Bangladesh ($X per cubic meter), while Pakistan ($X per cubic meter) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bangladesh (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform