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World - Industrial Roundwood - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Article Publishing Date: Nov 16, 2021

COP26 Deforestation Pledge Will Not Cut Global Lumber Supply

IndexBox has just published a new report: 'World - Industrial Roundwood - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

Over 120 countries signed the Glasgow Leaders’ Declaration on Forests and Land Use, a voluntary commitment to halt deforestation. The world’s top lumber suppliers, such as Canada, Russia and Sweden, are among the signatories, as well as those countries with the highest rates of tropical forest loss - Brazil and Indonesia. Based on experience from a similar 2014 agreement signed in New York, the obligations will not force suppliers to significantly slow their pace of deforestation but rather instigate an increase in planting new trees to replace those cut down.

Key Trends and Insights

In November 2021, more than 100 countries signed the Glasgow Leaders’ Declaration on Forests and Land Use, obligating them to halve deforestation by 2020 and cease it altogether by 2030. The endorsers account for about 90% of global tree cover, and 28 out of these countries are obligated to stop clearing tropical forests to produce palm oil, cacao and soy. The COP26 obligations permit the continuation of clearing forests as long as new trees are planted to replace those cut down.

The declaration is accompanied by $19.2B in financing and is legally non-binding because it was approved outside the UN Framework Convention on Climate Change. The world’s largest lumber suppliers, such as Canada, Russia and Sweden, are among the signatories, as well as those countries where tropical forests are located, namely Brazil and Indonesia. Malaysia, Laos, Cambodia, Myanmar and Paraguay, which are among the countries with the highest deforestation rates, did not sign the Glasgow Declaration. 

According to Global Forest Watch, in 2020, the global landmass covered by forests decreased by 25.8M Hectares. The most significant decrease in forest mass was recorded in Russia (5.44M ha), Brazil (3.29M ha), Canada (1.20M ha), the U.S. (1.97M ha) and Indonesia (962K ha). As a consequence of Covid restrictions, global trade in industrial round wood decreased from $17B to $15B, dropping in real terms from 233 to 205 cubic meters.

Theoretically, the Glasgow Declaration could have a severe effect on the global lumber market. If it were legally binding, the critical lumber supplying countries would decrease logging activities, which would lead to a deficit in lumber around the world. However, the resulting effects of the preceding 2014 New York declaration prove that such agreements do not slow down the pace of deforestation. It’s more likely that governments will increase efforts to plant new trees to comply with the agreement and only insignificantly decrease logging. The high demand for lumber in the construction industry will decrease prospects of reining in the pace of deforestation worldwide.

Global Industrial Roundwood Imports

In 2020, overseas purchases of industrial roundwood decreased by -12% to 205M cubic meters for the first time since 2017, thus ending a two-year rising trend. In value terms, industrial roundwood imports fell from $16.9B to $14.8B (IndexBox estimates) last year. 

In 2020, China (92M cubic meters) represented the leading importer of industrial roundwood, committing 45% of total imports. Austria (21M cubic meters) ranks second in total imports with a 10% share, followed by Sweden (6.2%). Germany (9.1M cubic meters), Finland (7.1M cubic meters), Japan (6.6M cubic meters), Belgium (5.7M cubic meters), India (4.4M cubic meters), South Korea (4.4M cubic meters), Poland (3.4M cubic meters) and Canada (3.2M cubic meters) took a relatively small share of total imports.

Imports into China increased at an average annual rate of +4.2% from 2010 to 2020. At the same time, Belgium (+9.5%), Austria (+4.8%), Sweden (+1.9%) and India (+1.3%) also displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing roundwood importer globally, with a CAGR of +9.5% from 2010-2020. Poland and Germany experienced relatively flat trend patterns. By contrast, Finland (-2.8%), Canada (-3.1%), Japan (-5.5%) and South Korea (-8.4%) illustrated downward trends over the same period. 

In value terms, China ($8.4B) constitutes the largest market for imported industrial roundwood worldwide, comprising 57% of global imports. The second position in the ranking was occupied by Austria ($713M), with a 4.8% share of global imports, and it was followed by India, with a 4.4% share.

The average industrial roundwood import price stood at $72 per cubic meter in 2020, flattening from the previous year. Prices varied noticeably by the country of destination; the country with the highest price was India ($147 per cubic meter), while Austria ($35 per cubic meter) was amongst the lowest. From 2010 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.

World’s Largest Industrial Roundwood Suppliers

In 2020, New Zealand (40M cubic meters), distantly followed by the Czech Republic (21M cubic meters), Germany (20M cubic meters), the U.S. (18M cubic meters), Russia (15M cubic meters), and Uruguay (12M cubic meters) represented the leading exporters of industrial roundwood, together constituting 64% of total exports. Australia (7.4M cubic meters), Norway (6.8M cubic meters), Canada (4.4M cubic meters), France (4.2M cubic meters), Latvia (4M cubic meters), Papua New Guinea (3.9M cubic meters), and Belarus (3.6M cubic meters) followed a long way behind the leaders.

In value terms, New Zealand ($2B), the U.S. ($1.6B) and Russia ($1B) were the countries with the highest levels of exports in 2020, together accounting for 40% of global exports. Germany, the Czech Republic, Uruguay, Papua New Guinea, Australia, Canada, France, Norway, Latvia and Belarus lagged somewhat behind, together accounting for a further 39%.

Source: IndexBox Platform

Product coverage:
• FCL 1866 -
• FCL 1867 -

This report provides an in-depth analysis of the global industrial roundwood market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2018–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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