Vietnam: Chipped Coniferous Wood Market 2020

Chipped Coniferous Wood Market Size in Vietnam

The revenue of the chipped coniferous wood market in Vietnam amounted to $X in 2018, going up by X% against the previous year. Overall, chipped coniferous wood consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. Over the period under review, the chipped coniferous wood market attained its peak figure level at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Chipped Coniferous Wood Production in Vietnam

In value terms, chipped coniferous wood production amounted to $X in 2018 estimated in export prices. Over the period under review, chipped coniferous wood production, however, continues to indicate a mild decline. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, chipped coniferous wood production reached its peak figure level at $X in 2013; however, from 2014 to 2018, production remained at a lower figure.

Chipped Coniferous Wood Exports

Exports from Vietnam

In 2018, the chipped coniferous wood exports from Vietnam amounted to X tons, going up by X% against the previous year. Overall, chipped coniferous wood exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Exports peaked at X tons in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, chipped coniferous wood exports amounted to $X in 2018. In general, chipped coniferous wood exports, however, continue to indicate a temperate descent. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, chipped coniferous wood exports reached their maximum at $X in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

Exports by Country

South Korea (X tons) was the main destination for chipped coniferous wood exports from Vietnam, accounting for a X% share of total exports. Moreover, chipped coniferous wood exports to South Korea exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to South Korea was relatively modest.

In value terms, South Korea ($X) remains the key foreign market for chipped coniferous wood exports from Vietnam, comprising X% of total chipped coniferous wood exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to South Korea stood at -X%.

Export Prices by Country

The average chipped coniferous wood export price stood at $X per ton in 2018, growing by X% against the previous year. In general, the chipped coniferous wood export price, however, continues to indicate a slight contraction. The growth pace was the most rapid in 2012 an increase of X% year-to-year. Over the period under review, the average export prices for coniferous wood in chips or particles attained their maximum at $X per ton in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to South Korea totaled $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates.

Chipped Coniferous Wood Imports

Imports into Vietnam

In 2018, approx. X tons of coniferous wood in chips or particles were imported into Vietnam; waning by -X% against the previous year. Over the period under review, chipped coniferous wood imports continue to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, chipped coniferous wood imports reached their maximum at X tons in 2017, and then declined slightly in the following year.

In value terms, chipped coniferous wood imports amounted to $X in 2018. In general, chipped coniferous wood imports continue to indicate buoyant growth. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. In that year, chipped coniferous wood imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

Lithuania (X tons), Ukraine (X tons) and Nigeria (X tons) were the main suppliers of chipped coniferous wood imports to Vietnam, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Ukraine, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chipped coniferous wood suppliers to Vietnam were Nigeria ($X), Lithuania ($X) and Ukraine ($X), together accounting for X% of total imports.

Ukraine (+X% per year) recorded the highest rates of growth with regard to market size, among the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average chipped coniferous wood import price amounted to $X per ton, jumping by X% against the previous year. In general, the chipped coniferous wood import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The import price peaked at $X per ton in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Portugal ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform