Report Update Nov 1, 2024

Sri Lanka - Saw Logs and Veneer Logs (Non-Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2024

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Sri Lanka

The Sri Lankan market for saw logs and veneer logs (non-coniferous) totaled $X in 2022, approximately reflecting the previous year. Overall, consumption, however, saw a prominent increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Sri Lanka

In value terms, production of saw logs and veneer logs (non-coniferous) totaled $X in 2022 estimated in export price. Over the period under review, production showed a strong expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 67%. Production of peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from Sri Lanka

In 2022, after two years of growth, there was significant decline in shipments abroad of saw logs and veneer logs (non-coniferous), when their volume decreased by -83.3% to X cubic meters. Over the period under review, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2018 with an increase of 382% against the previous year. Over the period under review, the exports of attained the peak figure at X cubic meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of saw logs and veneer logs (non-coniferous) declined significantly to $X in 2022. In general, exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 653%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to South Korea stood at +43.0%.

In value terms, South Korea ($X) emerged as the key foreign market for saw logs and veneer logs (non-coniferous) exports from Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea stood at +124.8%.

Export Prices by Country

The average export price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2022, waning by -26.1% against the previous year. In general, the export price recorded a noticeable descent. The growth pace was the most rapid in 2018 an increase of 56% against the previous year. The export price peaked at $X per cubic meter in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +59.5% per year.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into Sri Lanka

In 2022, overseas purchases of saw logs and veneer logs (non-coniferous) decreased by -75.6% to X cubic meters, falling for the second year in a row after three years of growth. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 392%. Imports peaked at X cubic meters in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of saw logs and veneer logs (non-coniferous) shrank markedly to $X in 2022. Overall, imports faced a significant decrease. The most prominent rate of growth was recorded in 2018 with an increase of 489% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X cubic meters) was the main saw logs and veneer logs (non-coniferous) supplier to Sri Lanka, accounting for a 99% share of total imports. It was followed by India (X cubic meters), with a 0.3% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +23.4%.

In value terms, Germany ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Sri Lanka, comprising 99% of total imports. The second position in the ranking was held by India ($X), with a 0.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +20.6%.

Import Prices by Country

In 2022, the average import price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, shrinking by -63.8% against the previous year. Overall, the import price saw a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 76% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per cubic meter), while the price for Germany amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saw logs and veneer logs (non-coniferous) in the world?

The countries with the highest volumes of consumption of saw logs and veneer logs non-coniferous) in 2021 were China, Brazil and Indonesia, together comprising 40% of global consumption. The United States, India, Vietnam, Russia, Canada, Australia, Chile, Finland, Thailand and Malaysia lagged somewhat behind, together accounting for a further 35%.

What are the largest producers of saw logs and veneer logs (non-coniferous) in the world?

The countries with the highest volumes of production of saw logs and veneer logs non-coniferous) in 2021 were China, Brazil and the United States, together accounting for 40% of global production. These countries were followed by Indonesia, India, Russia, Vietnam, Canada, Australia, Chile, Malaysia and Thailand, which together accounted for a further 34%.

What are the leading suppliers of saw logs and veneer logs (non-coniferous) to Sri Lanka?

In value terms, the Czech Republic, Ghana and Greece constituted the largest saw logs and veneer logs non-coniferous) suppliers to Sri Lanka, together comprising 45% of total imports.

What are the leading importers of saw logs and veneer logs (non-coniferous) from Sri Lanka?

In value terms, the Netherlands emerged as the key foreign market for saw logs and veneer logs non-coniferous) exports from Sri Lanka, comprising 77% of total exports. The second position in the ranking was occupied by Italy, with a 15% share of total exports. It was followed by Slovenia, with a 3.3% share.

What is the average export price for saw logs and veneer logs (non-coniferous) in Sri Lanka?

In 2021, the average export price for saw logs and veneer logs non-coniferous) amounted to $441 per cubic meter, with an increase of 644% against the previous year.

What is the average import price for saw logs and veneer logs (non-coniferous) in Sri Lanka?

The average import price for saw logs and veneer logs non-coniferous) stood at $149 per cubic meter in 2021, increasing by 23% against the previous year.

This report provides an in-depth analysis of the market for saw logs and veneer logs (non-coniferous) 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 1603 - Pulpwood, round and split, non-coniferous (production)
FCL 1604 - Sawlogs and veneer logs, non-coniferous
FCL 1626 - Other industrial roundwood, non-coniferous (production)

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