Overview of the Market for Saw Logs And Veneer Logs (Coniferous) in Japan
Market Overview
The Japanese market for saw logs and veneer logs (coniferous) reached $
in 2019, remaining relatively unchanged 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 recorded a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of % y-o-y. Over the period under review, the market hit record highs at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.
In value terms, production of saw logs and veneer logs (coniferous) soared to $ in 2019 estimated in export prices. Overall, production showed a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.
in 2019, remaining relatively unchanged 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 recorded a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of % y-o-y. Over the period under review, the market hit record highs at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.In value terms, production of saw logs and veneer logs (coniferous) soared to $
in 2019 estimated in export prices. Overall, production showed a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.Consumption
In 2019, consumption of saw logs and veneer logs (coniferous) decreased by -% to cubic meters, falling for the second consecutive year after two years of growth. Overall, consumption recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2010 when the consumption volume increased by % year-to-year. Over the period under review, consumption hit record highs at cubic meters in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.
The size of the market for saw logs and veneer logs (coniferous) in Japan stood at $ in 2019, remaining constant 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). In general, consumption continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of % year-to-year. Consumption peaked at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.
% to cubic meters, falling for the second consecutive year after two years of growth. Overall, consumption recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2010 when the consumption volume increased by % year-to-year. Over the period under review, consumption hit record highs at cubic meters in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.The size of the market for saw logs and veneer logs (coniferous) in Japan stood at $
in 2019, remaining constant 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). In general, consumption continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of % year-to-year. Consumption peaked at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for saw logs and veneer logs (coniferous) in Japan, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to cubic meters by the end of .
% for the period from 2019 to , which is projected to depress the market volume to cubic meters by the end of .Market Structure
Saw logs and veneer logs (coniferous) market in Japan consists almost entirely of imported products. In recent years, import prices have increased sharply. Despite the hike in prices, Japan relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.
Trade Balance
Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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