Non coniferous roundwood market in Papua New Guinea

Earlier Report Observations

Production of non-coniferous roundwood in Papua New Guinea remained steady at approximately 9.6 million cubic meters annually from 2018 through 2023. The domestic market size, representing wood available for local consumption, varied significantly during this period due to substantial changes in export volumes.

The market expanded sharply in 2019, reaching 8.0 million cubic meters as exports dropped to a low point. A contraction followed in 2020 when exports increased, reducing domestic availability to 5.6 million cubic meters. Subsequent years saw moderate recovery and stabilization, with the market fluctuating between 6.1 and 6.7 million cubic meters.

Overall, the market oscillated between 5.6 and 8.0 million cubic meters from 2018 to 2023. These movements were primarily driven by shifts in export activity, given the consistent production levels and minimal import volumes.

Production non coniferous roundwood in Papua New Guinea

In kind, 2017-2020, K m³

Top producers of non coniferous roundwood, 2017-2020

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

In 2020, Papua New Guinea produced 9 565 K m³ of non-coniferous roundwood, showing no significant change from the previous year. The largest decline occurred in 2018, at 0.0%, while the largest increase was also recorded in 2018, at 0.0%.

Annual dynamics of production in Papua New Guinea in kind, 2017-2020, K m³

Exports non coniferous roundwood from Papua New Guinea

Exports in kind, K m³

Market performance showed noticeable fluctuations during this period. Exports reached their lowest point in 2019, at 1 560 K m³, before peaking in 2020 at 3 921 K m³—a 2.5-fold increase. This represented a sharp uptick of 151.3% from the previous year. The largest decline was recorded in 2019, at 52.8%.

Annual dynamics of product's exports from Papua New Guinea in kind, 2017-2020, K m³

From 2017 to 2020, China dominated the export partner structure in kind, accounting for 78.5% of total flows, while other markets held comparatively modest shares.

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

World map of product's exports from Papua New Guinea in kind, 2017-2020

Exports in value, M $ US

Non-coniferous roundwood exports from Papua New Guinea declined for the second consecutive year. In 2020, exports totaled 272.5 M $ US, which is 16.6% less than in 2019. Over the 2017–2020 period, exports decreased by 60.9%, with a compound annual growth rate (CAGR) of -26.9%. The maximum value was recorded in 2018, at 895.9 M $ US. The largest decline occurred in 2019, at 63.5%, while the largest increase was in 2018, at 28.5%.

Annual dynamics of product's exports from Papua New Guinea in value, 2017-2020, M $ US

Between 2017 and 2020, China was the key buyer of non-coniferous roundwood from Papua New Guinea in value terms, taking 86.4% of total exports, with a diversified group of other countries accounting for the remainder.

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

World map of product's exports from Papua New Guinea in value, 2017-2020

Imports non coniferous roundwood to Papua New Guinea

Imports in kind, K m³

The market exhibited an unstable trend throughout the timeframe. Imports hit their lowest point in 2017, before reaching their maximum in 2019—a swing of 605 times. In 2020, the volume of non-coniferous roundwood imports to Papua New Guinea stood at 0.1 K m³, equivalent to an abrupt decline of 99.6% from the previous year.

Annual dynamics of product's imports to Papua New Guinea in kind, 2017-2020, K m³

From 2017 to 2020, virtually all imports in kind of non-coniferous roundwood to Papua New Guinea were associated with Australia, which accounted for 99.5% of total flows.

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

World map of product's imports to Papua New Guinea in kind, 2017-2020

Imports in value, M $ US

Papua New Guinea imported approximately 0.0 M $ US of non-coniferous roundwood in 2020, indicating a sharp increase of 45.2% from a year earlier. Between 2017 and 2020, imports increased by 209.2%, equating to an annualized rate of 45.7%.

Annual dynamics of product's imports to Papua New Guinea in value, 2017-2020, M $ US

In the 2017–2020 period, Australia effectively concentrated imports in value terms of non-coniferous roundwood to Papua New Guinea, with a share of 99.3% of total flows.

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

World map of product's imports to Papua New Guinea in value, 2017-2020