Eastern Europe: Roundwood Market 2024

Roundwood Market Size in Eastern Europe

In 2022, the East European roundwood market increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Roundwood Production in Eastern Europe

In value terms, roundwood production stood at $X in 2022 estimated in export price. Overall, production recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Roundwood Exports

Exports in Eastern Europe

In 2022, exports of roundwood in Eastern Europe dropped sharply to X cubic meters, declining by X% against the previous year. In general, exports saw a slight contraction. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at X cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, roundwood exports shrank sharply to $X in 2022. Overall, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia dominates exports structure, accounting for X cubic meters, which was near X% of total exports in 2022. Ukraine (X cubic meters) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of exports of roundwood. At the same time, Ukraine (X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of Russia (X p.p.) and Ukraine (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest roundwood supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total exports.

In Russia, roundwood exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Europe stood at $X per thousand cubic meters in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per thousand cubic meters in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ukraine ($X per thousand cubic meters), while Russia amounted to $X per thousand cubic meters.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Roundwood Imports

Imports in Eastern Europe

In 2022, supplies from abroad of roundwood decreased by X% to X cubic meters, falling for the second year in a row after three years of growth. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, roundwood imports skyrocketed to $X in 2022. Overall, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

Moldova prevails in imports structure, recording X cubic meters, which was near X% of total imports in 2022. Poland (X cubic meters) took the second position in the ranking, followed by Slovakia (X cubic meters), Latvia (X cubic meters) and Romania (X cubic meters). All these countries together held near X% share of total imports. The Czech Republic (X cubic meters) and Estonia (X cubic meters) followed a long way behind the leaders.

Moldova was also the fastest-growing in terms of the roundwood imports, with a CAGR of X% from 2012 to 2022. At the same time, Slovakia (X%), Estonia (X%), Latvia (X%), Romania (X%) and Poland (X%) displayed positive paces of growth. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. Moldova (X p.p.) significantly strengthened its position in terms of the total imports, while Slovakia, Latvia, Romania, Poland and the Czech Republic saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X), Latvia ($X) and Slovakia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Latvia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per cubic meter in 2022, increasing by X% against the previous year. In general, the import price, however, continues to indicate a deep slump. Over the period under review, import prices reached the peak figure at $X per cubic meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per cubic meter), while Moldova (less than $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 Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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