Estonia: Sawn Wood Market 2020

Sawn Wood Market Size in Estonia

The revenue of the sawn wood market in Estonia amounted to $X in 2018, remaining constant against the previous year. Over the period under review, sawn wood consumption continues to indicate a temperate growth. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. In that year, the sawn wood market reached its peak level of $X. From 2012 to 2018, the growth of the sawn wood market remained at a lower figure.

Sawn Wood Production in Estonia

In value terms, sawn wood production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Estonia sawn wood production peaked at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

Sawn Wood Exports

Exports from Estonia

Sawn wood exports from Estonia amounted to X cubic meters in 2018, going down by -X% against the previous year. Over the period under review, the total exports indicated a measured growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the sawn wood exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2013, with an increase of X% against the previous year. In that year, sawn wood exports attained their peak of X cubic meters. From 2014 to 2018, the growth of sawn wood exports remained at a somewhat lower figure.

In value terms, sawn wood exports stood at $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, sawn wood exports reached their maximum at $X in 2015; however, from 2016 to 2018, exports remained at a lower figure.

Exports by Country

Indonesia was the major exporting country with an export of about X cubic meters, which resulted at X% of total exports. It was distantly followed by China (X cubic meters) and Brazil (X cubic meters), together achieving X% share of total exports. The following exporters - Peru (X cubic meters) and Malaysia (X cubic meters) - together made up X% of total exports.

Indonesia was also the fastest growing in terms of the wood sawn or chipped lengthwise exports, with a CAGR of +X% from 2007 to 2018. Brazil (-X%), Peru (-X%), China (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. While the share of China (X%), Brazil (X%), Malaysia (X%) and Peru (X%) increased significantly in terms of the global exports from 2007-2018, the share of Indonesia (-X%) displayed negative dynamics.

In value terms, the largest sawn wood markets from Estonia were Malaysia ($X), Indonesia ($X) and Brazil ($X), together accounting for X% of total exports. China, Peru and Estonia lagged somewhat behind, together accounting for a further X recorded the highest growth rate of exports, among the main exporting countries over the last eleven year period, while the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2018, the sawn wood export price in Estonia amounted to $X per cubic meter, surging by X% against the previous year. In general, the sawn wood export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, an increase of X% against the previous year. Over the period under review, the export prices for wood sawn or chipped lengthwise attained their peak figure at $X per cubic meter in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Malaysia ($X per cubic meter), while Indonesia ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Malaysia, while the other leaders experienced mixed trends in the export price figures.

Sawn Wood Imports

Imports into Estonia

In 2018, approx. X cubic meters of wood sawn or chipped lengthwise were imported into Estonia; going down by -X% against the previous year. Overall, sawn wood imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2012, when imports increased by X% against the previous year. Estonia imports peaked at X cubic meters in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, sawn wood imports stood at $X in 2018. In general, the total imports indicated a strong growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the sawn wood imports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2011, when imports increased by X% year-to-year. Over the period under review, sawn wood imports attained their maximum in 2018, and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (X cubic meters), the UK (X cubic meters) and Taiwan, Chinese (X cubic meters) were the major importers of wood sawn or chipped lengthwise in the world, mixing up X% of total import. It was followed by Mexico (X cubic meters), France (X cubic meters), South Korea (X cubic meters) and Australia (X cubic meters), together making up X% share of total imports. Germany (X cubic meters), Japan (X cubic meters), Italy (X cubic meters), Saudi Arabia (X cubic meters) and India (X cubic meters) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the UK ($X) and Italy ($X) were the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Germany, France, Japan, India, Mexico, Australia, Saudi Arabia, South Korea, Taiwan, Chinese and Estonia, which together accounted for a further X experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the sawn wood import price in Estonia amounted to $X per cubic meter, jumping by X% against the previous year. In general, the sawn wood import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2011, an increase of X% y-o-y. In that year, the import prices for wood sawn or chipped lengthwise reached their peak level of $X per cubic meter. From 2012 to 2018, the growth in terms of the import prices for wood sawn or chipped lengthwise remained at a lower figure.

Import prices varied noticeably by the country of destination; the country with the highest import price was Italy ($X per cubic meter), while Taiwan, Chinese ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Australia, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform