Japan - Coniferous Wood In Chips Or Particles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Coniferous Wood In Chips Or Particles - Market Analysis, Forecast, Size, Trends And Insights

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Chipped Coniferous Wood Price in Japan - 2023

Contents:

  1. Chipped Coniferous Wood Price in Japan (CIF) - 2023
  2. Chipped Coniferous Wood Price in Japan (FOB) - 2022
  3. Chipped Coniferous Wood Imports in Japan
  4. Chipped Coniferous Wood Exports in Japan

Chipped Coniferous Wood Price in Japan (CIF) - 2023

In July 2023, the average chipped coniferous wood import price amounted to $59.4 per cubic meter, which is down by -5.8% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 13% month-to-month. The import price peaked at $65.3 per cubic meter in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was New Zealand ($126 per cubic meter), while the price for the United States ($57.1 per cubic meter) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Fiji (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Chipped Coniferous Wood Price in Japan (FOB) - 2022

In 2022, the average chipped coniferous wood export price amounted to $225 per cubic meter, standing approx. at the previous year. Over the period under review, the export price continues to indicate temperate growth. The growth pace was the most rapid in 2018 when the average export price increased by 237% against the previous year. Over the period under review, the average export prices attained the maximum at $321 per cubic meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($319 per cubic meter), while the average price for exports to China stood at $117 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Chipped Coniferous Wood Imports in Japan

In 2022, approx. 7.4M cubic meters of coniferous wood in chips or particles were imported into Japan; increasing by 17% against 2021. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, chipped coniferous wood imports surged to $401M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chipped Coniferous Wood in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14411514320512.5%
Australia10581.198.514611.6%
New Zealand23.817.924.523.80.0%
Fiji27.220.713.722.5-6.1%
Russia8.39.612.31.9-38.8%
Others1.24.01.31.57.7%
Total3102482944019.0%

Top Suppliers of Chipped Coniferous Wood to Japan in 2022:

  1. United States (3.8M cubic meters)
  2. Australia (2.7M cubic meters)
  3. Fiji (0.5M cubic meters)
  4. New Zealand (0.4M cubic meters)
  5. Russia (0.1M cubic meters)

Chipped Coniferous Wood Exports in Japan

For the third year in a row, Japan recorded decline in shipments abroad of coniferous wood in chips or particles, which decreased by -72% to 30 cubic meters in 2022. Over the period under review, exports saw a dramatic setback. The smallest decline of -15.2% was in 2020. Over the period under review, the exports reached the maximum at 211 cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, chipped coniferous wood exports dropped remarkably to $6.7K in 2022. Overall, exports saw a dramatic decrease. The smallest decline of -35% was in 2020. Over the period under review, the exports hit record highs at $68K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Chipped Coniferous Wood in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea38.311.2N/A5.1-48.9%
ChinaN/AN/A4.11.6-61.0%
Hong Kong SAR12.027.012.1N/A0.4%
Thailand5.42.42.9N/A-26.7%
AustriaN/A1.55.0N/A233.3%
Others12.01.9N/AN/A-84.2%
Total67.744.024.06.7-53.7%

Top Export Markets for Chipped Coniferous Wood from Japan in 2022:

  1. South Korea (16.0 cubic meters)
  2. China (14.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chipped coniferous wood market in Japan. 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:

  • Prodcom 16102303 - Coniferous wood in chips or particles

Country coverage:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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