Market research

Wood in the rough market in Asia

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Asia" region includes following countries:

China

Hong Kong

Japan

North Korea

South Korea

Macao

Mongolia

Afghanistan

Bangladesh

Bhutan

Sri Lanka

India

Iran

Maldives

Nepal

Pakistan

Brunei Darussalam

Myanmar

Cambodia

Indonesia

Laos

Malaysia

the Philippines

Timor-Leste

Singapore

Vietnam

Thailand

Kazakhstan

Kyrgyzstan

Tajikistan

Turkmenistan

Uzbekistan

Azerbaijan

Armenia

Bahrain

Cyprus

Georgia

Palestine

Iraq

Israel

Jordan

Kuwait

Lebanon

Oman

Qatar

Saudi Arabia

Syria

Turkey

the United Arab Emirates

Yemen

Earlier Report Observations

The market volume for wood in the rough in Asia declined from 905 thousand tons in 2018 to 798 thousand tons in 2022, with a sharp contraction in 2019 followed by moderate growth in 2020 and 2021. Production levels remained stable near 750 thousand tons annually, while imports fell significantly from 156 thousand tons in 2018 to 47 thousand tons in 2022, driving the overall market reduction.

In 2023, market volume further decreased to 787 thousand tons. This decline was influenced by weakened export flows to the region as China increased its sourcing of timber from Siberian forests in Russia, altering trade patterns. Concurrently, rising prices for essential goods led to cutbacks in construction and renovation spending, reducing demand for wood.

Entering 2024, the market faced supply-side pressures from record-intensity wildfires that constrained raw wood availability. New traceability requirements under the Lacey Act for exporters also began to influence trade flows, while the continued shift of furniture manufacturing to Vietnam affected regional dynamics.

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 Asia
  1. 5.1.1. Annual dynamics of production in Asia in kind, 2018-2023, M t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, M t
  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, M t
  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, M t
    1. 6.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, M t
    2. 6.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, M t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, M t
    1. 6.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, M t
    2. 6.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, M t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, M t
    1. 7.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, M t
    2. 7.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, M t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ 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/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, M t
    1. 7.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, M t
    2. 7.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, M t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ 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/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, M t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, M t
  2. 8.2.2. In value, M $ 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 wood in the rough in Asia

In kind, 2017-2020, M t

Top producers of wood in the rough, 2017-2020

Source: SHEV.io

World map of production of wood in the rough, 2017-2020

Source: SHEV.io

In 2019, Asia's production of wood in the rough reached its lowest point at 735.5 million tonnes, before rising to 748.5 million tonnes in 2020, marking a 1.8% increase from the previous year. The highest production level was recorded in 2018 at 751.2 million tonnes, with the most significant decline occurring in 2019 at 2.1%.

Annual dynamics of production in Asia in kind, 2017-2020, M t

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.5%	(2.1%)	1.8%	0.4%

Source: SHEV.io

Exports wood in the rough from Asia

Exports in kind, M t

The market exhibited volatility during the observed period. In 2019, exports of wood in the rough from Asia hit their lowest point at 0.6 million tonnes, before surging to 1.6 million tonnes in 2020, representing a 142.7% increase from the previous year. The difference between these years was a factor of 2.4, with the largest decline recorded in 2019 at 52.1%.

Annual dynamics of product's exports from Asia in kind, 2017-2020, M t

Parameter		2018	2019	2020	CAGR
1	Change from last year	41.9%	(52.1%)	142.7%	18.1%

Source: SHEV.io

From 2017 to 2020, Asia, not elsewhere specified, accounted for the largest share of exports in kind of wood in the rough from Asia, representing 6.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

Exports of wood in the rough from Asia declined for the third consecutive year. In 2020, exports amounted to 327 million US dollars, showing an 18.8% decrease compared to 2019. Over the period from 2017 to 2020, exports fell by 41.1%, with a compound annual growth rate (CAGR) of -16.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(21.2%)	(7.9%)	(18.8%)	(16.2%)

Source: SHEV.io

Between 2017 and 2020, Asia, not elsewhere specified, and France together accounted for the main share of exports in value terms, representing 8.1% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood in the rough to Asia

Imports in kind, M t

Imports of wood in the rough to Asia declined for the second consecutive year. In 2020, Asia imported 57.6 million tonnes, marking a modest 6.4% decrease from 2019. Over the period from 2017 to 2020, imports fell by 61.2%, with a CAGR of -27.1%. The highest import volume was recorded in 2018 at 155.5 million tonnes, with the largest decline occurring in 2019 at 60.4% and the largest increase in 2018 at 4.8%.

Annual dynamics of product's imports to Asia in kind, 2017-2020, M t

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.8%	(60.4%)	(6.4%)	(27.1%)

Source: SHEV.io

From 2017 to 2020, New Zealand (26.1% of imports in kind), Russia (14.5% of imports in kind), and the United States (12.0% of imports in kind) were the main sources for imports in kind of wood in the rough to Asia, jointly accounting for 52.5% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

Imports of wood in the rough to Asia declined for the second consecutive year. In 2020, Asia imported a total of 9 965 million US dollars, down by 12.0% from the previous year. Between 2017 and 2020, imports decreased by 19.1%, equating to an annualized rate of -6.8%. The highest value was recorded in 2018 at 13 357 million US dollars, with the largest decline in 2019 at 15.2% and the largest increase in 2018 at 8.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.4%	(15.2%)	(12.0%)	(6.8%)

Source: SHEV.io

During 2017 to 2020, imports in value terms of wood in the rough to Asia were distributed across numerous markets. New Zealand (20.9% of imports in value terms), the United States (14.0% of imports in value terms), and Russia (9.7% of imports in value terms) jointly accounted for only 44.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io