Overview of the Market for Saw Logs And Veneer Logs (Non-Coniferous) in India
In value terms, production of saw logs and veneer logs (non-coniferous) contracted modestly to $ in estimated in export prices. Overall, production saw a noticeable shrinkage. The pace of growth was the most pronounced in 2017 with an increase of % year-to-year. Production peaked at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.
The revenue of the market for saw logs and veneer logs (non-coniferous) in India shrank to $ in , which is down 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). Over the period under review, consumption, however, showed a pronounced curtailment. The growth pace was the most rapid in 2017 with an increase of % year-to-year. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption remained at a lower figure.