CIS: Market for Coniferous Wood In The Rough 2023

Market Size for Coniferous Wood In The Rough in CIS

The CIS market for coniferous wood in the rough contracted to $X in 2022, which is down by -9.3% against the previous year. The total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +11.4% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Coniferous Wood In The Rough in CIS

In value terms, coniferous wood in the rough production contracted dramatically to $X in 2022 estimated in export price. Over the period under review, production recorded measured growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 150% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Coniferous Wood In The Rough

Exports in CIS

In 2022, shipments abroad of coniferous wood in the rough decreased by -3.8% to X cubic meters for the first time since 2017, thus ending a four-year rising trend. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 37% against the previous year. The volume of export peaked at X cubic meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, coniferous wood in the rough exports dropped modestly to $X in 2022. Over the period under review, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2014 with an increase of 8.8% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belarus (X cubic meters) represented roughly 100% of total exports in 2022.

Belarus was also the fastest-growing in terms of the coniferous wood in the rough exports, with a CAGR of +12.1% from 2012 to 2022. While the share of Belarus (+94 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) also remains the largest coniferous wood in the rough supplier in the CIS.

In Belarus, coniferous wood in the rough exports expanded at an average annual rate of +9.8% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per cubic meter in 2022, rising by 2% against the previous year. Overall, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 3.7% against the previous year. The level of export peaked at $X per cubic meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to -2.1% per year.

Imports of Coniferous Wood In The Rough

Imports in CIS

For the fourth year in a row, the CIS recorded growth in purchases abroad of coniferous wood in the rough, which increased by 11% to X cubic meters in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 27% against the previous year. As a result, imports reached the peak of X cubic meters. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, coniferous wood in the rough imports rose to $X in 2022. Overall, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 135%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The purchases of the one major importers of coniferous wood in the rough, namely Kazakhstan, represented more than two-thirds of total import.

Kazakhstan was also the fastest-growing in terms of the coniferous wood in the rough imports, with a CAGR of +2.3% from 2012 to 2022. While the share of Kazakhstan (+26 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported coniferous wood in the rough in the CIS.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at -10.9%.

Import Prices by Country

The import price in the CIS stood at $X per cubic meter in 2022, shrinking by -6.9% against the previous year. In general, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2017 an increase of 85% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2018 to 2022, the import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -12.9% per year.

Source: IndexBox Market Intelligence Platform

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