Southern Asia: Market for Saw Logs And Veneer Logs (Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Coniferous) in Southern Asia

The South Asian market for saw logs and veneer logs (coniferous) skyrocketed to $X in 2021, surging by 24% against the previous year. Over the period under review, consumption continues to indicate a prominent increase. The level of consumption peaked in 2021 and is likely to continue growth in years to come.

Production of Saw Logs And Veneer Logs (Coniferous) in Southern Asia

In value terms, production of saw logs and veneer logs (coniferous) expanded to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 21% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports in Southern Asia

Exports of saw logs and veneer logs (coniferous) surged to X cubic meters in 2021, jumping by 91% compared with the year before. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 182% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2014 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of saw logs and veneer logs (coniferous) soared to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2013 with an increase of 153%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

India represented the main exporting country with an export of about X cubic meters, which accounted for 76% of total exports. It was distantly followed by Afghanistan (X cubic meters), constituting a 22% share of total exports. Sri Lanka (X cubic meters) took a relatively small share of total exports.

Exports from India decreased at an average annual rate of -12.3% from 2012 to 2021. Afghanistan experienced a relatively flat trend pattern. Sri Lanka (-2.6%) illustrated a downward trend over the same period. While the share of Afghanistan (+22 p.p.) and Sri Lanka (+1.7 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of India (-23.7 p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest saw logs and veneer logs (coniferous) supplier in Southern Asia, comprising 75% of total exports. The second position in the ranking was held by Afghanistan ($X), with a 23% share of total exports.

In India, exports of saw logs and veneer logs (coniferous) plunged by an average annual rate of -12.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Afghanistan (0.0% per year) and Sri Lanka (+0.7% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per cubic meter in 2021, shrinking by -4.4% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. Over the period under review, the export prices reached the peak figure at $X per cubic meter in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Sri Lanka ($X per cubic meter), while India ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+3.3%).

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports in Southern Asia

In 2021, supplies from abroad of saw logs and veneer logs (coniferous) was finally on the rise to reach X cubic meters after two years of decline. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 322%. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, imports of saw logs and veneer logs (coniferous) soared to $X in 2021. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 288% against the previous year. Over the period under review, imports of reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The purchases of the one major importers of saw logs and veneer logs (coniferous), namely India, represented more than two-thirds of total import.

India was also the fastest-growing in terms of the saw logs and veneer logs (coniferous) imports, with a CAGR of +71.4% from 2012 to 2021. While the share of India (+53 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 saw logs and veneer logs (coniferous) in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India amounted to +71.6%.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per cubic meter, picking up by 39% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 99% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2020 to 2021, the import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +0.1% per year.

Source: IndexBox Platform

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