Sawnwood (Non-Coniferous) Market in China
Market Overview
The Chinese sawnwood (non-coniferous) market declined modestly to $
in , shrinking 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 enjoyed a strong expansion. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market remained at a somewhat lower figure.
In value terms, sawnwood (non-coniferous) production reduced to $ in estimated in export price. In general, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2019 to , production growth failed to regain momentum.
in , shrinking 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 enjoyed a strong expansion. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market remained at a somewhat lower figure.In value terms, sawnwood (non-coniferous) production reduced to $
in estimated in export price. In general, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2019 to , production growth failed to regain momentum.Consumption
In , consumption of sawnwood (non-coniferous) increased by % to cubic meters, rising for the second consecutive year after two years of decline. Overall, consumption posted prominent growth. Sawnwood (non-coniferous) consumption peaked at cubic meters in 2018; however, from 2019 to , consumption remained at a lower figure.
The revenue of the sawnwood (non-coniferous) market in China reduced slightly to $ in , shrinking 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). In general, consumption continues to indicate a resilient expansion. As a result, consumption reached the peak level of $. From 2019 to , the growth of the market remained at a lower figure.
, consumption of sawnwood (non-coniferous) increased by % to cubic meters, rising for the second consecutive year after two years of decline. Overall, consumption posted prominent growth. Sawnwood (non-coniferous) consumption peaked at cubic meters in 2018; however, from 2019 to , consumption remained at a lower figure.The revenue of the sawnwood (non-coniferous) market in China reduced slightly to $
in , shrinking 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). In general, consumption continues to indicate a resilient expansion. As a result, consumption reached the peak level of $. From 2019 to , the growth of the market remained at a lower figure.Market Forecast
Driven by increasing demand for sawnwood (non-coniferous) in China, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to cubic meters by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to cubic meters by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
China remains a net importer of sawnwood (non-coniferous); in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report