Pakistan: Sawnwood Market 2024

Sawnwood Market Size in Pakistan

The Pakistani sawnwood market declined to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Sawnwood Production in Pakistan

In value terms, sawnwood production skyrocketed to $X in 2022 estimated in export price. Overall, production posted a strong increase. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Sawnwood Exports

Exports from Pakistan

Sawnwood exports from Pakistan contracted markedly to X cubic meters in 2022, shrinking by X% on the previous year. Over the period under review, exports, however, recorded moderate growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X cubic meters in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood exports dropped markedly to $X in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Maldives (X cubic meters), the Czech Republic (X cubic meters) and South Africa (X cubic meters) were the main destinations of sawnwood exports from Pakistan, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) emerged as the key foreign market for sawnwood exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Maldives ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (X% per year) and South Africa (X% per year).

Export Prices by Country

The average sawnwood export price stood at $X per cubic meter in 2022, jumping by X% against the previous year. Over the period under review, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per cubic meter), while the average price for exports to Maldives ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood Imports

Imports into Pakistan

In 2022, supplies from abroad of sawnwood decreased by X% to X cubic meters, falling for the third consecutive year after four years of growth. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs 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. In general, total imports indicated a buoyant expansion 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 growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X cubic meters), the United States (X cubic meters) and Sweden (X cubic meters) were the main suppliers of sawnwood imports to Pakistan, together comprising X% of total imports. Austria, Canada, Romania, the Czech Republic, Finland, Congo, Malaysia and Latvia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Congo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Sweden ($X) were the largest sawnwood suppliers to Pakistan, with a combined X% share of total imports. Austria, Canada, Romania, Malaysia, Congo, the Czech Republic, Finland and Latvia lagged somewhat behind, together accounting for a further X%.

Congo, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sawnwood import price amounted to $X per cubic meter, increasing by X% against the previous year. Overall, the import price, however, showed a mild downturn. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per cubic meter), while the price for Romania ($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 Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :