Roundwood coniferous market in Papua New Guinea

Earlier Report Observations

The coniferous roundwood market in Papua New Guinea expanded from 38 756 m³ in 2018 to 42 234 m³ in 2020, a growth supported by rising import volumes which peaked at 2 234 m³ in that year while domestic production held steady.

This upward trend reversed in 2021 as the market volume contracted to 40 110 m³ and then stabilized at 40 000 m³ in 2022, a period coinciding with minimal import activity.

A dramatic shift occurred in 2023 when the market volume jumped to 58 167 m³. This surge was entirely attributable to a substantial increase in imports, which rose to 18 167 m³, while local production remained unchanged at 40 000 m³.

Production coniferous roundwood in Papua New Guinea

In kind, 2017-2020, m³

Top producers of coniferous roundwood, 2017-2020

World map of production of coniferous roundwood, 2017-2020

In 2020, Papua New Guinea produced 40 000 m³ of roundwood coniferous, remaining broadly stable compared to the previous year. The largest decline and increase were both recorded in 2018, each at 0.0%.

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

Exports coniferous roundwood from Papua New Guinea

Exports in kind, m³

In 2018, cross-border shipments of roundwood coniferous from Papua New Guinea reached 1 245 m³, marking a significant increase of 286.6% from the previous year.

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

From 2017 to 2020, exports of roundwood coniferous from Papua New Guinea were primarily oriented towards Asia, not elsewhere specified, and Pakistan, which together accounted for 100.0% of total flows.

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, K $ US

In 2018, foreign supplies of roundwood coniferous from Papua New Guinea stood at 260.8 K $ US, representing an intense rise of 520.6% compared to the previous year.

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

Over the period 2017–2020, Asia, not elsewhere specified, and Pakistan dominated the geographical structure of exports in value terms for roundwood coniferous from Papua New Guinea, jointly accounting for 100.0% of total flows.

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 coniferous roundwood to Papua New Guinea

Imports in kind, m³

The market showed signs of volatility over the observed period. In 2018, Papua New Guinea's roundwood coniferous imports dropped to a minimum of 1 m³, marking the largest decline of 93.8%. In 2019, imports surged by 170 300.0%, and in 2020, they climbed to a maximum of 2 234 m³, a sudden advance of 31.1% compared to 2019, resulting in a 2 234-fold shift from the 2018 low.

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

From 2017 to 2020, Australia and the United States formed a highly concentrated pair of markets for imports of roundwood coniferous to Papua New Guinea, together taking 99.7% 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, K $ US

The market exhibited an unstable trend throughout the timeframe. In 2018, Papua New Guinea imported a minimum of 0.4 K $ US of roundwood coniferous, recording the largest decline of 96.4%. In 2020, imports peaked at approximately 176.8 K $ US, showing an increase of 20 387.6% compared to 2019, with a 480-fold difference from the 2018 trough.

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

In 2017–2020, Australia was the almost exclusive supplier of roundwood coniferous to Papua New Guinea, taking 99.3% of total imports in value terms.

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