Denmark: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Denmark

In 2022, the Danish sawnwood (coniferous) market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption continues to indicate a mild shrinkage. As a result, consumption attained the peak level of $X, and then dropped markedly in the following year.

Sawnwood (Coniferous) Production in Denmark

In value terms, sawnwood (coniferous) production rose significantly to $X in 2022 estimated in export price. In general, production saw a abrupt downturn. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Sawnwood (Coniferous) Exports

Exports from Denmark

For the third year in a row, Denmark recorded growth in overseas shipments of sawnwood (coniferous), which increased by X% to X cubic meters in 2022. Overall, exports showed a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, sawnwood (coniferous) exports expanded remarkably to $X in 2022. Over the period under review, exports posted a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany (X cubic meters) was the main destination for sawnwood (coniferous) exports from Denmark, accounting for a X% share of total exports. Moreover, sawnwood (coniferous) exports to Germany exceeded the volume sent to the second major destination, Sweden (X cubic meters), twofold. The UK (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and the UK (X% per year).

In value terms, the largest markets for sawnwood (coniferous) exported from Denmark were Germany ($X), Sweden ($X) and Norway ($X), with a combined X% share of total exports. The UK, South Korea, the Netherlands, Faroe Islands, Greenland, Poland and Finland lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, South Korea, with a CAGR of X%, 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 sawnwood (coniferous) export price stood at $X per cubic meter in 2022, falling by X% against the previous year. Overall, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per cubic meter in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Greenland ($X per cubic meter), while the average price for exports to Finland ($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 the UK (X%), while the prices for the other major destinations experienced a decline.

Sawnwood (Coniferous) Imports

Imports into Denmark

In 2022, after two years of growth, there was significant decline in supplies from abroad of sawnwood (coniferous), when their volume decreased by X% to X cubic meters. Overall, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X cubic meters, and then fell sharply in the following year.

In value terms, sawnwood (coniferous) imports reduced notably to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined notably in the following year.

Imports by Country

In 2022, Sweden (X cubic meters) constituted the largest supplier of sawnwood (coniferous) to Denmark, accounting for a X% share of total imports. Moreover, sawnwood (coniferous) imports from Sweden exceeded the figures recorded by the second-largest supplier, Finland (X cubic meters), fivefold. Norway (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Norway (X% per year).

In value terms, Sweden ($X) constituted the largest supplier of sawnwood (coniferous) to Denmark, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports. It was followed by Norway, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

In 2022, the average sawnwood (coniferous) import price amounted to $X per cubic meter, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

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 Estonia ($X per cubic meter), while the price for Lithuania ($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 Estonia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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