Hong Kong SAR, China - Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingConiferous Roundwood Price in Hong Kong SAR - 2022
Contents:
- Coniferous Roundwood Price in Hong Kong SAR (CIF) - 2022
- Coniferous Roundwood Price in Hong Kong SAR (FOB) - 2022
- Coniferous Roundwood Imports in Hong Kong SAR
- Coniferous Roundwood Exports in Hong Kong SAR
Coniferous Roundwood Price in Hong Kong SAR (CIF) - 2022
In 2022, the average coniferous roundwood import price amounted to $60 per cubic meter, picking up by 3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2018 when the average import price increased by 38%. As a result, import price attained the peak level of $64 per cubic meter. From 2019 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($66 per cubic meter), while the price for Taiwan (Chinese) ($46 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.0%), while the prices for the other major suppliers experienced a decline.
Coniferous Roundwood Price in Hong Kong SAR (FOB) - 2022
In 2022, the average coniferous roundwood export price amounted to $63 per cubic meter, surging by 13% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coniferous roundwood export price increased by +51.4% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 43% against the previous year. The export price peaked at $81 per cubic meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($63 per cubic meter), while the average price for exports to Taiwan (Chinese) amounted to $63 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.
Coniferous Roundwood Imports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in purchases abroad of roundwood (coniferous), which decreased by -99% to 3.8K cubic meters in 2022. Overall, imports saw a dramatic decline. The smallest decline of -36.6% was in 2021. Imports peaked at 1.1M cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, coniferous roundwood imports contracted sharply to $227K in 2022. Over the period under review, imports continue to indicate a sharp downturn. The smallest decline of -26.3% was in 2021. Over the period under review, imports reached the peak figure at $58M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Coniferous Roundwood in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
New Zealand | 44.3 | 14.9 | 16.1 | 0.1 | -86.9% |
Belgium | 1.6 | 0.6 | N/A | N/A | -62.5% |
Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
Czech Republic | 1.3 | 1.1 | 0.1 | N/A | -72.3% |
Others | 10.7 | 12.7 | 5.7 | N/A | -27.0% |
Total | 58.0 | 29.6 | 21.8 | 0.2 | -84.9% |
Top Suppliers of Coniferous Roundwood to Hong Kong SAR in 2022:
- United States (1.9K cubic meters)
- Taiwan (Chinese) (1.0K cubic meters)
- New Zealand (0.8K cubic meters)
Coniferous Roundwood Exports in Hong Kong SAR
In 2022, the amount of roundwood (coniferous) exported from Hong Kong SAR dropped sharply to 1.4K cubic meters, which is down by -54% compared with 2021. Over the period under review, exports showed a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. Over the period under review, the exports hit record highs at 3K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, coniferous roundwood exports dropped notably to $88K in 2022. In general, exports showed a sharp curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 77% against the previous year. Over the period under review, the exports hit record highs at $191K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Coniferous Roundwood in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 63.8 | 0% |
Taiwan (Chinese) | N/A | N/A | N/A | 23.9 | 0% |
India | N/A | 94.8 | N/A | N/A | 0% |
Philippines | 191 | N/A | N/A | N/A | 0% |
Canada | N/A | 0.2 | 157 | N/A | 78400.0% |
Others | N/A | 0.7 | 12.0 | N/A | 1614.3% |
Total | 191 | 95.7 | 169 | 87.8 | -22.8% |
Top Export Markets for Coniferous Roundwood from Hong Kong SAR in 2022:
- China (1011.0 cubic meters)
- Taiwan (Chinese) (379.0 cubic meters)
This report provides an in-depth analysis of the coniferous roundwood market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1862 - Roundwood, coniferous
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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