Overview of the Market for Saw Logs And Veneer Logs (Coniferous) in Australia
In value terms, production of saw logs and veneer logs (coniferous) rose markedly to $ in 2019 estimated in export prices. Overall, the total production indicated strong growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +% against 2017 indices. The pace of growth appeared the most rapid in 2010 when the production volume increased by % y-o-y. Production peaked at $ in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.
The value of the market for saw logs and veneer logs (coniferous) in Australia dropped dramatically to $ in 2019, declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the market value increased by % against the previous year. Consumption peaked at $ in 2012; however, from 2013 to 2019, consumption remained at a lower figure.