Market research

Non coniferous roundwood market in Hong Kong

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The non-coniferous roundwood market in Hong Kong saw a steady decline in domestic production and overall consumption between 2018 and 2023. Production volume fell each year, dropping from 80 489 m³ to 74 541 m³, while the total market size shrank from 80 415 m³ to 74 186 m³. This represented a cumulative contraction of approximately 7.5% in both output and domestic availability over the six-year period.

Fluctuations in international trade moderated the pace of decline in some years but did not reverse the trend. A steep drop in imports to 395 m³ in 2020 intensified the market contraction that year. Although imports recovered to 3 722 m³ by 2022, and exports varied from 529 m³ to 3 533 m³, these trade movements were overshadowed by the persistent downward trajectory in local production.

The market's contraction paused marginally in 2021 when consumption edged up by 120 m³, supported by rebounding imports. However, this stabilization was short-lived, and the decline resumed in 2022 and accelerated in 2023, with the latter year recording the largest annual decrease in market size of over 2 650 m³.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Hong Kong
  1. 5.1.1. Annual dynamics of production in Hong Kong in kind, 2018-2023, m³
  2. 5.1.2. Annual dynamics of production in Hong Kong in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, m³
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, m³
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, m³
    1. 6.1.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, m³
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/m³
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, m³
    1. 6.2.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, m³
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/m³
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, m³
    1. 7.1.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, m³
    2. 7.1.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, m³
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/m³
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, m³
    1. 7.2.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, m³
    2. 7.2.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, m³
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, m³
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production non coniferous roundwood in Hong Kong

In kind, 2017-2020, m³

Top producers of non coniferous roundwood, 2017-2020

Source: SHEV.io

World map of production of non coniferous roundwood, 2017-2020

Source: SHEV.io

Hong Kong's production of non-coniferous roundwood has declined for the third year in a row. In 2020, the territory produced 78 054 m³, marking a 1.5% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 4.5%, with an average annual decline rate of 1.5%.

Annual dynamics of production in Hong Kong in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.5%)	(1.5%)	(1.5%)	(1.5%)

Source: SHEV.io

Exports non coniferous roundwood from Hong Kong

Exports in kind, m³

Hong Kong's exports of non-coniferous roundwood have also decreased for three consecutive years. In 2020, exports totaled 529 m³, which represents a sharp drop of 60.2% from 2019. Over the 2017-2020 period, exports plummeted by 92.5%, with an average annual decline of 57.7%.

Annual dynamics of product's exports from Hong Kong in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(65.5%)	(45.1%)	(60.2%)	(57.7%)

Source: SHEV.io

From 2017 to 2020, Hong Kong's exports of non-coniferous roundwood were primarily directed toward China and unspecified Asian markets. Together, these destinations accounted for 99.8% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Hong Kong in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The export market for non-coniferous roundwood from Hong Kong showed significant volatility during this period. The highest value was recorded in 2017, while the lowest occurred in 2020, with a 25-fold difference between these years. In 2020, export value stood at 323 thousand US dollars, reflecting a dramatic year-over-year decline of 88.8%. The largest annual increase was observed in 2019, at 16.0%.

Annual dynamics of product's exports from Hong Kong in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(69.1%)	16.0%	(88.8%)	(65.7%)

Source: SHEV.io

Throughout 2017-2020, China dominated Hong Kong's non-coniferous roundwood exports in value terms, representing 94.5% of the total.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Hong Kong in value, 2017-2020

Source: SHEV.io

Imports non coniferous roundwood to Hong Kong

Imports in kind, m³

Imports of non-coniferous roundwood into Hong Kong have fallen for the third straight year. In 2020, imports amounted to 395 m³, a 76.5% decrease compared to 2019. Between 2017 and 2020, imports dropped by 94.3%, equivalent to an average annual decline of 61.5%.

Annual dynamics of product's imports to Hong Kong in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(66.2%)	(28.5%)	(76.5%)	(61.5%)

Source: SHEV.io

Between 2017 and 2020, Hong Kong's imports of non-coniferous roundwood were not heavily concentrated among a few suppliers. Cambodia accounted for 16.0% of imports, India for 13.2%, and Thailand for 12.8%, with these three countries together making up 42.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Hong Kong in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The import market for non-coniferous roundwood in Hong Kong experienced considerable instability from 2017 to 2020. Imports peaked in 2019 and reached their lowest point in 2020, with a 55-fold difference between these years. In 2020, import value was 557 thousand US dollars, a sharp 98.2% decline from 2019. The highest value was recorded in 2019 at 30 556 thousand US dollars, which also saw the largest annual increase of 884.7%.

Annual dynamics of product's imports to Hong Kong in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(86.3%)	884.7%	(98.2%)	(71.0%)

Source: SHEV.io

From 2017 to 2020, India was the dominant source for Hong Kong's non-coniferous roundwood imports in value terms, accounting for 84.1% of total flows, while other markets contributed smaller shares.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Hong Kong in value, 2017-2020

Source: SHEV.io