Australia and Oceania: Chipped Coniferous Wood Market 2020

Chipped Coniferous Wood Market Size in Australia and Oceania

The revenue of the chipped coniferous wood market in Australia and Oceania amounted to $X in 2018, rising by X% against the previous year. The total market indicated a notable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chipped coniferous wood consumption increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The level of chipped coniferous wood consumption peaked in 2018 and is likely to continue its growth in the near future.

Chipped Coniferous Wood Production in Australia and Oceania

In value terms, chipped coniferous wood production amounted to $X in 2018 estimated in export prices. The total output indicated temperate growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chipped coniferous wood production increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The level of chipped coniferous wood production peaked in 2018 and is likely to continue its growth in the near future.

Production By Country in Australia and Oceania

Australia (X tons) constituted the country with the largest volume of chipped coniferous wood production, accounting for X% of total production. Moreover, chipped coniferous wood production in Australia exceeded the figures recorded by the region's second-largest producer, New Zealand (X tons), fourfold.

From 2007 to 2018, the average annual growth rate of volume in Australia was relatively modest. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and Fiji (+X% per year).

Chipped Coniferous Wood Exports

Exports in Australia and Oceania

In 2018, the amount of coniferous wood in chips or particles exported in Australia and Oceania amounted to X tons, picking up by X% against the previous year. In general, chipped coniferous wood exports, however, continue to indicate a mild decline. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, chipped coniferous wood exports attained their maximum at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, chipped coniferous wood exports amounted to $X in 2018. Over the period under review, chipped coniferous wood exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The level of exports peaked at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

Australia represented the largest exporter of coniferous wood in chips or particles in Australia and Oceania, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2018. New Zealand (X tons) held the second position in the ranking, distantly followed by Fiji (X tons). All these countries together took approx. X% share of total exports.

Exports from Australia decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Fiji (+X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter in Australia and Oceania, with a CAGR of +X% from 2007-2018. By contrast, New Zealand (-X%) illustrated a downward trend over the same period. Fiji (+X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand and Australia saw its share reduced by -X% and -X% from 2007 to 2018, respectively.

In value terms, Australia ($X) remains the largest chipped coniferous wood supplier in Australia and Oceania, comprising X% of total chipped coniferous wood exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value in Australia amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (-X% per year) and Fiji (+X% per year).

Export Prices by Country

In 2018, the chipped coniferous wood export price in Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. Overall, the chipped coniferous wood export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, the export prices for coniferous wood in chips or particles attained their peak figure at $X per ton in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Fiji ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by New Zealand, while the other leaders experienced mixed trends in the export price figures.

Chipped Coniferous Wood Imports

Imports in Australia and Oceania

In 2018, the amount of coniferous wood in chips or particles imported in Australia and Oceania stood at X tons, picking up by X% against the previous year. In general, chipped coniferous wood imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, chipped coniferous wood imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, chipped coniferous wood imports totaled $X in 2018. Over the period under review, chipped coniferous wood imports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Tonga (X tons) was the main importer of coniferous wood in chips or particles, achieving X% of total imports. It was distantly followed by Australia (X tons) and New Zealand (X tons), together comprising a X% share of total imports.

From 2007 to 2018, average annual rates of growth with regard to chipped coniferous wood imports into Tonga stood at +X%. At the same time, New Zealand (+X%) and Australia (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of Tonga, Australia and New Zealand increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported coniferous wood in chips or particles in Australia and Oceania, comprising X% of total chipped coniferous wood imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports.

In Australia, chipped coniferous wood imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and Tonga (-X% per year).

Import Prices by Country

The chipped coniferous wood import price in Australia and Oceania stood at $X per ton in 2018, rising by X% against the previous year. Over the period under review, the chipped coniferous wood import price, however, continues to indicate a drastic decline. The pace of growth was the most pronounced in 2015 an increase of X% y-o-y. Over the period under review, the import prices for coniferous wood in chips or particles reached their maximum at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Australia ($X per ton), while Tonga ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by New Zealand, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform