Czech Republic: Industrial Roundwood (Coniferous) Market 2024

Industrial Roundwood (Coniferous) Market Size in the Czech Republic

In 2022, the Czech industrial roundwood (coniferous) market increased by 1,770% to $X, rising for the second year in a row after two years of decline. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Industrial Roundwood (Coniferous) Production in the Czech Republic

In value terms, industrial roundwood (coniferous) production dropped slightly to $X in 2022 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +54.7% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of 21% against the previous year. Over the period under review, production hit record highs at $X in 2021, and then shrank slightly in the following year.

Industrial Roundwood (Coniferous) Exports

Exports from the Czech Republic

In 2022, shipments abroad of industrial roundwood (coniferous) decreased by -21.9% to X cubic meters, falling for the second year in a row after six years of growth. Overall, exports, however, posted resilient growth. The growth pace was the most rapid in 2019 with an increase of 53% against the previous year. The exports peaked at X cubic meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood (coniferous) exports contracted to $X in 2022. In general, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 34%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

Austria (X cubic meters) was the main destination for industrial roundwood (coniferous) exports from the Czech Republic, accounting for a 42% share of total exports. Moreover, industrial roundwood (coniferous) exports to Austria exceeded the volume sent to the second major destination, Germany (X cubic meters), twofold. Poland (X cubic meters) ranked third in terms of total exports with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria totaled +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+3.0% per year) and Poland (+65.2% per year).

In value terms, Austria ($X) remains the key foreign market for industrial roundwood (coniferous) exports from the Czech Republic, comprising 40% of total exports. The second position in the ranking was taken by Germany ($X), with a 17% share of total exports. It was followed by Poland, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to Austria stood at +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.4% per year) and Poland (+60.8% per year).

Export Prices by Country

In 2022, the average industrial roundwood (coniferous) export price amounted to $X per cubic meter, rising by 13% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 71% against the previous year. The export price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to Poland ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.0%), while the prices for the other major destinations experienced a decline.

Industrial Roundwood (Coniferous) Imports

Imports into the Czech Republic

In 2022, after four years of decline, there was significant growth in overseas purchases of industrial roundwood (coniferous), when their volume increased by 60% to X cubic meters. Overall, imports, however, showed a perceptible shrinkage. Imports peaked at X cubic meters in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial roundwood (coniferous) imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable slump. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X cubic meters), Poland (X cubic meters) and Slovakia (X cubic meters) were the main suppliers of industrial roundwood (coniferous) imports to the Czech Republic, with a combined 91% share of total imports. Sweden and Belarus lagged somewhat behind, together comprising a further 3.3%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +97.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest industrial roundwood (coniferous) suppliers to the Czech Republic were Germany ($X), Poland ($X) and Slovakia ($X), together accounting for 87% of total imports. Sweden and Belarus lagged somewhat behind, together accounting for a further 4.1%.

In terms of the main suppliers, Sweden, with a CAGR of +55.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average industrial roundwood (coniferous) import price amounted to $X per cubic meter, rising by 6.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 38%. Over the period under review, average import prices attained the peak figure at $X per cubic meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per cubic meter), while the price for Germany ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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