Benelux: Market for Coniferous Wood In The Rough 2023

Market Size for Coniferous Wood In The Rough in Benelux

The Benelux market for coniferous wood in the rough reduced modestly to $X in 2022, flattening at the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Coniferous Wood In The Rough in Benelux

In value terms, coniferous wood in the rough production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, showed a mild reduction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 7.4% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Coniferous Wood In The Rough

Exports in Benelux

In 2016, shipments abroad of coniferous wood in the rough decreased by -13.7% to X cubic meters, falling for the third consecutive year after two years of growth. In general, exports continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2013 when exports increased by 13%. As a result, the exports attained the peak of X cubic meters. From 2014 to 2016, the growth of the exports remained at a lower figure.

In value terms, coniferous wood in the rough exports shrank to $X in 2016. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2013 when exports increased by 15% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2016, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X cubic meters) and Belgium (X cubic meters) represented the key exporters of coniferous wood in the rough in 2016, reaching near 41% and 34% of total exports, respectively. It was distantly followed by Luxembourg (X cubic meters), mixing up a 25% share of total exports.

From 2012 to 2016, the biggest increases were recorded for the Netherlands (with a CAGR of +3.7%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest coniferous wood in the rough supplying countries in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

Luxembourg, with a CAGR of +0.3%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2016, the export price in Benelux amounted to $X per cubic meter, standing approx. at the previous year. Over the period under review, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2013 an increase of 1.9%. As a result, the export price reached the peak level of $X per cubic meter. From 2014 to 2016, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2016, amid the top suppliers, the country with the highest price was Belgium ($X per cubic meter), while the Netherlands ($X per cubic meter) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Luxembourg (+0.3%), while the other leaders experienced a decline in the export price figures.

Imports of Coniferous Wood In The Rough

Imports in Benelux

For the fifth year in a row, Benelux recorded growth in overseas purchases of coniferous wood in the rough, which increased by 16% to X cubic meters in 2016. The total import volume increased at an average annual rate of +11.2% from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, coniferous wood in the rough imports soared to $X in 2016. The total import value increased at an average annual rate of +3.7% from 2012 to 2016; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of import peaked at $X in 2014; however, from 2015 to 2016, imports failed to regain momentum.

Imports by Country

Belgium represented the largest importer of coniferous wood in the rough in Benelux, with the volume of imports amounting to X cubic meters, which was near 58% of total imports in 2016. The Netherlands (X cubic meters) held a 29% share (based on physical terms) of total imports, which put it in second place, followed by Luxembourg (14%).

Imports into Belgium increased at an average annual rate of +12.2% from 2012 to 2016. At the same time, the Netherlands (+21.0%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of +21.0% from 2012-2016. By contrast, Luxembourg (-3.4%) illustrated a downward trend over the same period. From 2012 to 2016, the share of the Netherlands and Belgium increased by +8.2 and +2.1 percentage points, respectively.

In value terms, the largest coniferous wood in the rough importing markets in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

Among the main importing countries, the Netherlands, with a CAGR of +20.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per cubic meter in 2016, flattening at the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The level of import peaked at $X per cubic meter in 2012; however, from 2013 to 2016, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2016, amid the top importers, the country with the highest price was the Netherlands ($X per cubic meter), while Luxembourg ($X per cubic meter) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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