Market research

Wood in the rough market in Thailand

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The market volume for wood in the rough in Thailand experienced a gradual, steady decline from 21.5 million tons in 2018 to 21.3 million tons in 2023. This downward trend was consistent year-on-year, with annual decreases remaining below 0.5%, indicating a stable but slowly contracting market. Domestic production, which constitutes the vast majority of supply, followed a similar pattern of mild reduction over the period.

In 2022, amid the overall volume contraction, industry reports highlighted growing foreign buyer interest in Thai wood products, particularly for exotic and rare species. Proposals were made to the government to streamline export procedures for such valuable woods, aiming to increase market value and ensure full revenue reaches local growers. Concurrently, trends in production and packaging within the Thai industry were noted as evolving, which could influence the distribution of wood products.

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 Thailand
  1. 5.1.1. Annual dynamics of production in Thailand in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Thailand 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, K 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, K 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. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  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 wood in the rough in Thailand

In kind, 2017-2020, K t

From 2017 to 2020, Thailand held the 24th position globally in the production of wood in the rough.

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

Thailand's production of wood in the rough declined for the third year in a row. In 2020, the country produced 21 422 thousand tonnes, which remained largely stable compared to the previous year.

Annual dynamics of production in Thailand in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.3%)	(0.3%)	(0.2%)	(0.3%)

Source: SHEV.io

Exports wood in the rough from Thailand

Exports in kind, t

Thailand's exports of wood in the rough increased for the third consecutive year. In 2020, the export volume reached 18 513 tonnes, marking a sharp rise of 106.0% from the year before. Over the 2017-2020 period, exports grew by 3402.4%, with a compound annual growth rate of 227.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	116.6%	685.0%	106.0%	227.2%

Source: SHEV.io

Between 2017 and 2020, China was the primary and nearly exclusive market for Thailand's wood in the rough exports, accounting for 92.6% of the total volume.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Thailand's exports of wood in the rough in monetary terms rose for the third year running. In 2020, exports amounted to 6 775 thousand US dollars, reflecting a significant increase of 95.9% year-over-year. From 2017 to 2020, exports surged by 3164.8%, with a compound annual growth rate of 219.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 122.7%	36.3%	95.9%	219.6%

Source: SHEV.io

Throughout 2017-2020, exports in value terms were heavily concentrated on China, which made up 100.0% of the total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood in the rough to Thailand

Imports in kind, t

After a two-year decline, Thailand's imports of wood in the rough rebounded. In 2020, the country imported approximately 11 460 tonnes, representing a sharp increase of 45.8% from the previous year. Between 2017 and 2020, imports fell by 32.1%, equivalent to an annualized decrease of 12.1%. The lowest volume was recorded in 2019 at 7 861 tonnes, with the largest drop of 45.9% occurring that same year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.9%)	(45.9%)	45.8%	(12.1%)

Source: SHEV.io

From 2017 to 2020, New Zealand (37.1% of imports in kind), the United States (24.0%), and Congo (12.4%) together accounted for 73.5% of Thailand's total wood in the rough imports, making them the main sources.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The data shows irregular fluctuations, indicating a volatile market. From 2017 to 2019, the peak-to-trough amplitude was 2.9 times. In 2020, Thailand's imports of wood in the rough reached 4 576 thousand US dollars, a dramatic improvement of 91.0% compared to the previous year. The lowest value was in 2019 at 2 396 thousand US dollars, with the largest decline of 56.4% also recorded that year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(21.7%)	(56.4%)	91.0%	(13.3%)

Source: SHEV.io

Throughout 2017-2020, the United States (31.1% of imports in value terms), New Zealand (23.9%), and Congo (22.0%) remained the key sources for imports in monetary terms, together comprising 77.1% of the total flows.

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

Source: SHEV.io

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

Source: SHEV.io