Southern Asia: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in Southern Asia

The South Asian market for coniferous wood in the rough dropped to $X in 2022, flattening at the previous year. Over the period under review, consumption continues to indicate a noticeable slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Coniferous Wood In The Rough in Southern Asia

In value terms, coniferous wood in the rough production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2015 with an increase of 5.5% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

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Exports of Coniferous Wood In The Rough

Exports in Southern Asia

In 2022, the amount of coniferous wood in the rough exported in Southern Asia surged to X cubic meters, growing by 15% on 2021. Over the period under review, exports, however, showed a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 188% against the previous year. Over the period under review, the coniferous wood in rough exports attained the peak figure at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, coniferous wood in the rough exports soared to $X in 2022. In general, exports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 185% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

India dominates exports structure, resulting at X cubic meters, which was approx. 98% of total exports in 2022. Sri Lanka (X cubic meters) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to coniferous wood in the rough exports from India stood at -29.5%. Sri Lanka (-24.2%) illustrated a downward trend over the same period. India (+13 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest coniferous wood in the rough supplier in Southern Asia, comprising 99% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a 0.8% share of total exports.

In India, coniferous wood in the rough exports shrank by an average annual rate of -11.4% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per cubic meter in 2022, increasing by 3.1% against the previous year. In general, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2017 when the export price increased by 183% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

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 amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.8%).

Imports of Coniferous Wood In The Rough

Imports in Southern Asia

After four years of growth, supplies from abroad of coniferous wood in the rough decreased by -2% to X cubic meters in 2022. Overall, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2014 when imports increased by 24% against the previous year. As a result, imports attained the peak of X cubic meters. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, coniferous wood in the rough imports declined to $X in 2022. In general, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2013 when imports increased by 24% against the previous year. Over the period under review, coniferous wood in rough imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Bangladesh was the largest importer of coniferous wood in the rough in Southern Asia, with the volume of imports accounting for X cubic meters, which was near 55% of total imports in 2022. Pakistan (X cubic meters) took the second position in the ranking, distantly followed by India (X cubic meters). All these countries together took near 44% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Pakistan (with a CAGR of +16.4%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest coniferous wood in the rough importing markets in Southern Asia were Pakistan ($X), Bangladesh ($X) and India ($X), with a combined 99% share of total imports.

Among the main importing countries, Pakistan, with a CAGR of +15.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Southern Asia stood at $X per cubic meter in 2022, almost unchanged from the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 14% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2014 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Pakistan ($X per cubic meter), while Bangladesh ($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 Pakistan (-1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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