Report Update Nov 1, 2024

Sri Lanka - Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in Sri Lanka

For the third year in a row, the Sri Lankan coniferous roundwood market recorded decline in sales value, which decreased by -62.4% to $X in 2022. Over the period under review, consumption saw a abrupt slump. Coniferous roundwood consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Coniferous Roundwood Production in Sri Lanka

In value terms, coniferous roundwood production expanded significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by 37% against the previous year. Coniferous roundwood production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Coniferous Roundwood Exports

Exports from Sri Lanka

In 2022, the amount of roundwood (coniferous) exported from Sri Lanka soared to X cubic meters, rising by 793% compared with the previous year. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coniferous roundwood exports surged to $X in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X cubic meters) was the main destination for coniferous roundwood exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to India was relatively modest.

In value terms, India ($X) emerged as the key foreign market for roundwood (coniferous) exports from Sri Lanka.

From 2013 to 2022, the average annual rate of growth in terms of value to India was relatively modest.

Export Prices by Country

In 2022, the average coniferous roundwood export price amounted to $X per cubic meter, with an increase of 2.5% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2014 an increase of 62% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +7.6% per year.

Coniferous Roundwood Imports

Imports into Sri Lanka

Coniferous roundwood imports into Sri Lanka shrank sharply to X cubic meters in 2022, waning by -68.5% on the previous year's figure. In general, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 319%. Imports peaked at X cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, coniferous roundwood imports reduced remarkably to $X in 2022. Overall, imports faced a abrupt downturn. The growth pace was the most rapid in 2017 when imports increased by 1,075% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X cubic meters) was the main coniferous roundwood supplier to Sri Lanka, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -7.6%.

In value terms, the United States ($X) constituted the largest supplier of roundwood (coniferous) to Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled -12.5%.

Import Prices by Country

The average coniferous roundwood import price stood at $X per cubic meter in 2022, declining by -41.3% against the previous year. Over the period under review, the import price saw a drastic downturn. The growth pace was the most rapid in 2017 an increase of 181% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2018 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +0.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for roundwood (coniferous) in the world?

The countries with the highest volumes of coniferous roundwood consumption in 2021 were the United States, China and Russia, together accounting for 46% of global consumption.

What are the largest producers of roundwood (coniferous) in the world?

The countries with the highest volumes of coniferous roundwood production in 2021 were the United States, Russia and Canada, with a combined 44% share of global production. China, Sweden, Germany, Finland, New Zealand, Brazil, Poland, the Czech Republic, Chile and Japan lagged somewhat behind, together accounting for a further 34%.

What are the leading suppliers of roundwood (coniferous) to Sri Lanka?

In value terms, Greece constituted the largest supplier of coniferous roundwood to Sri Lanka, comprising 90% of total imports. The second position in the ranking was occupied by Bosnia and Herzegovina, with a 9.7% share of total imports.

What are the leading importers of roundwood (coniferous) from Sri Lanka?

In value terms, China remains the key foreign market for coniferous roundwood exports from Sri Lanka.

What is the average export price for roundwood (coniferous) in Sri Lanka?

In 2021, the average coniferous roundwood export price amounted to $68 per cubic meter, approximately reflecting the previous year.

What is the average import price for roundwood (coniferous) in Sri Lanka?

In 2021, the average coniferous roundwood import price amounted to $45 per cubic meter, picking up by 3.8% against the previous year.

This report provides an in-depth analysis of the coniferous roundwood market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1862 -

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023