Southern Asia: Sawnwood Market 2025

Sawnwood Market Size in Southern Asia

The South Asian sawnwood market shrank to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption recorded a strong expansion. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Sawnwood Production in Southern Asia

In value terms, sawnwood production reached $X in 2022 estimated in export price. Over the period under review, production enjoyed noticeable growth. The growth pace was the most rapid in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Sawnwood Exports

Exports in Southern Asia

Sawnwood exports shrank rapidly to X cubic meters in 2022, reducing by X% compared with the year before. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, sawnwood exports shrank sharply to $X in 2022. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

India was the largest exporting country with an export of about X cubic meters, which accounted for X% of total exports. It was distantly followed by Sri Lanka (X cubic meters), constituting a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Sri Lanka (with a CAGR of X%).

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

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

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per cubic meter, surging by X% against the previous year. In general, the export price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, the export price reached the peak level of $X per cubic meter. From 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per cubic meter), while Sri Lanka totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%).

Sawnwood Imports

Imports in Southern Asia

In 2022, supplies from abroad of sawnwood decreased by X% to X cubic meters, falling for the third consecutive year after five years of growth. Total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of import peaked at X cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, sawnwood imports contracted to $X in 2022. Total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

India was the main importing country with an import of about X cubic meters, which recorded X% of total imports. Pakistan (X cubic meters) ranks second in terms of the total imports with a X% share, followed by Afghanistan (X%) and Maldives (X%). The following importers - Sri Lanka (X cubic meters) and Bangladesh (X cubic meters) - each recorded a X% share of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%), Maldives (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Sri Lanka (X%) and Afghanistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Pakistan and Maldives increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in India totaled X%. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and Maldives (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per cubic meter, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per cubic meter, and then dropped slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Maldives ($X per cubic meter), while Afghanistan ($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 Maldives (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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