Bulgaria: Overview of the Market for Saw Logs And Veneer Logs (Non-Coniferous) 2021

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Bulgaria

The Bulgarian market for saw logs and veneer logs (non-coniferous) rose significantly to $X in 2019, surging by X% against the previous year. Over the period under review, consumption, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Consumption peaked at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Bulgaria

In value terms, production of saw logs and veneer logs (non-coniferous) reached $X in 2019 estimated in export prices. In general, production, however, saw a mild downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from Bulgaria

In 2019, shipments abroad of saw logs and veneer logs (non-coniferous) decreased by -X% to X cubic meters, falling for the third year in a row after five years of growth. Over the period under review, exports continue to indicate a slight setback. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, exports reached the peak of X cubic meters. From 2017 to 2019, the growth of exports failed to regain the momentum.

In value terms, exports of saw logs and veneer logs (non-coniferous) declined remarkably to $X in 2019. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2018, and then dropped rapidly in the following year.

Exports by Country

Romania (X cubic meters), Greece (X cubic meters) and Germany (X cubic meters) were the main destinations of exports of saw logs and veneer logs (non-coniferous) from Bulgaria, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for saw logs and veneer logs (non-coniferous) exported from Bulgaria were Greece ($X), Germany ($X) and Romania ($X), together comprising X% of total exports.

In terms of the main countries of destination, Germany recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2019, surging by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per cubic meter in 2008; however, from 2009 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Egypt ($X per cubic meter), while the average price for exports to Macedonia ($X per cubic meter) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Egypt, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into Bulgaria

After three years of growth, overseas purchases of saw logs and veneer logs (non-coniferous) decreased by -X% to X cubic meters in 2019. Over the period under review, imports showed a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Imports peaked at X cubic meters in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, imports of saw logs and veneer logs (non-coniferous) contracted sharply to $X in 2019. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Romania (X cubic meters) constituted the largest saw logs and veneer logs (non-coniferous) supplier to Bulgaria, with a X% share of total imports. Moreover, imports of saw logs and veneer logs (non-coniferous) from Romania exceeded the figures recorded by the second-largest supplier, Greece (X cubic meters), sixfold.

From 2007 to 2019, the average annual growth rate of volume from Romania stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-X% per year) and Serbia (-X% per year).

In value terms, Romania ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by Serbia ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Romania stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (-X% per year) and Greece (-X% per year).

Import Prices by Country

The average import price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2019, falling by -X% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per cubic meter in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Serbia ($X per cubic meter), while the price for Greece ($X per cubic meter) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Serbia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saw logs and veneer logs (non-coniferous) in the world?

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The countries with the highest volumes of consumption of saw logs and veneer logs (non-coniferous) in 2019 were China (182M cubic meters), Brazil (113M cubic meters) and the U.S. (92M cubic meters), together accounting for 44% of global consumption. Indonesia, India, Viet Nam, Russia, Canada, Finland, Chile, Australia and Thailand lagged somewhat behind, together comprising a further 32%.

What are the largest producers of saw logs and veneer logs (non-coniferous) in the world?

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The countries with the highest volumes of production of saw logs and veneer logs (non-coniferous) in 2019 were China (160M cubic meters), Brazil (114M cubic meters) and the U.S. (94M cubic meters), with a combined 42% share of global production. These countries were followed by Indonesia, India, Russia, Viet Nam, Canada, Chile, Australia and Thailand, which together accounted for a further 31%.

What are the leading suppliers of saw logs and veneer logs (non-coniferous) to Bulgaria?

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In value terms, Romania ($539K) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Bulgaria, comprising 67% of total imports. The second position in the ranking was occupied by Serbia ($63K), with a 7.9% share of total imports.

What are the leading importers of saw logs and veneer logs (non-coniferous) from Bulgaria?

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In value terms, the largest markets for saw logs and veneer logs (non-coniferous) exported from Bulgaria were Greece ($504K), Germany ($404K) and Romania ($340K), together comprising 73% of total exports.

What is the average export price for saw logs and veneer logs (non-coniferous) in Bulgaria?

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The average export price for saw logs and veneer logs (non-coniferous) stood at $141 per cubic meter in 2019, surging by 4.6% against the previous year.

What is the average import price for saw logs and veneer logs (non-coniferous) in Bulgaria?

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The average import price for saw logs and veneer logs (non-coniferous) stood at $26 per cubic meter in 2019, with a decrease of -22.9% against the previous year.