Earlier Report Observations
From 2018 to 2023, the Vanuatu market for wood in the rough demonstrated notable stability in domestic production, which remained fixed at 83 850 t each year. The overall market volume, reflecting domestic consumption, fluctuated moderately between 81 892 t and 83 939 t. These minor variations were primarily driven by changes in net trade, as exports saw significant swings from over 2 000 t down to just 28 t, while import volumes remained comparatively low.
The year 2024 introduced a series of global factors that impacted the tropical timber sector. Worldwide weak demand for wood products, particularly in import-dependent Asian markets, coupled with an increased frequency and intensity of forest fires, pressured global supply. Additionally, a slowdown in construction activity weighed on international demand for wood, while strengthened traceability regulations and sustainable forest management standards added complexity to the trade environment.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Vanuatu
- 5.1.1. Annual dynamics of production in Vanuatu in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Vanuatu in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Vanuatu
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6. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Vanuatu in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Vanuatu by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Vanuatu in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Vanuatu by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Vanuatu, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Vanuatu by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Vanuatu in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Vanuatu by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Vanuatu in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Vanuatu by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Vanuatu, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Vanuatu by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data*)
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7. Imports
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7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Vanuatu in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Vanuatu by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Vanuatu in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Vanuatu by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Vanuatu, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Vanuatu by countries, 2018-2024, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Vanuatu in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Vanuatu by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Vanuatu in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Vanuatu by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Vanuatu, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Vanuatu by countries, 2018-2024, $ US/kg
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7.1. Imports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production wood in the rough in Vanuatu
In kind, 2017-2020, t
Top producers of wood in the rough, 2017-2020
World map of production of wood in the rough, 2017-2020
In 2020, Vanuatu produced 83 850 tonnes of wood in the rough, remaining relatively stable compared to 2019. Over the past year, production levels showed minimal change, with the largest recorded decline and increase both occurring in 2018 at 0.0%.
Annual dynamics of production in Vanuatu in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | - | - | - | - |
Exports wood in the rough from Vanuatu
Exports in kind, t
Wood in the rough exports from Vanuatu declined for the third consecutive year. In 2020, exports reached 28 tonnes, marking a sharp decrease of 98.2% from 2019. Between 2017 and 2020, exports fell by 99.7%, with a compound annual growth rate (CAGR) of -86.3%.
Annual dynamics of product's exports from Vanuatu in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (81.3%) | (23.3%) | (98.2%) | (86.3%) |
From 2017 to 2020, the geographical distribution of exports in kind showed a strong reliance on China, which accounted for 99.1% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Vanuatu in kind, 2017-2020
Exports in value, K $ US
Vanuatu's wood in the rough export value declined for the third year in a row. In 2020, exports amounted to 320 thousand US dollars, representing a significant drop of 63.7% compared to the previous year. Between 2017 and 2020, exports decreased by 94.7%, equivalent to an annualized rate of -62.4%.
Annual dynamics of product's exports from Vanuatu in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (76.4%) | (37.9%) | (63.7%) | (62.4%) |
During the period from 2017 to 2020, China was the primary partner for exports in value terms, making up 98.4% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Vanuatu in value, 2017-2020
Imports wood in the rough to Vanuatu
Imports in kind, t
The data shows irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2019 at 40 tonnes and peaked in 2017, with a 13.8-fold difference between these years. In 2020, foreign wood in the rough supplies to Vanuatu came to 103 tonnes, a substantial increase of 154.9% from the previous year. The largest decline was recorded in 2018 at 89.8%.
Annual dynamics of product's imports to Vanuatu in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (89.8%) | (29.0%) | 154.9% | (43.0%) |
From 2017 to 2020, Australia and New Caledonia were the key markets for imports in kind, together accounting for 87.5% of total flows, while other destinations had relatively smaller shares.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Vanuatu in kind, 2017-2020
Imports in value, K $ US
The market exhibited volatility over the observed period. Import levels fluctuated, with the low recorded in 2019 at 36 thousand US dollars and the high in 2018 at 149 thousand US dollars, a 4.1-fold difference. In 2020, Vanuatu's volume of wood in the rough imports amounted to 63 thousand US dollars, a dramatic gain of 73.6% compared to the previous year. The largest decline was in 2019 at 75.8%.
Annual dynamics of product's imports to Vanuatu in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 59.5% | (75.8%) | 73.6% | (12.5%) |
Throughout 2017 to 2020, the partner structure for imports in value terms was centered on New Zealand, which held a 77.2% share of total flows, with other markets contributing less significantly.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Vanuatu in value, 2017-2020
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