EU: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in the EU

The EU market for saw logs and veneer logs rose remarkably to $X in 2023, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Saw Logs And Veneer Logs in the EU

In value terms, saw logs and veneer logs production expanded markedly to $X in 2023 estimated in export price. In general, production continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Saw Logs And Veneer Logs

Exports in the EU

In 2023, after two years of growth, there was decline in overseas shipments of saw logs and veneer logs, when their volume decreased by X% to X cubic meters. Total exports indicated perceptible growth from 2012 to 2023: 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 2023 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The volume of export peaked at X cubic meters in 2022, and then reduced modestly in the following year.

In value terms, saw logs and veneer logs exports declined rapidly to $X in 2023. In general, exports, however, posted noticeable growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then declined sharply in the following year.

Exports by Country

In 2023, Belgium (X cubic meters) represented the largest exporter of saw logs and veneer logs, comprising X% of total exports. Poland (X cubic meters) took the second position in the ranking, followed by Germany (X cubic meters), Spain (X cubic meters), Ireland (X cubic meters), the Czech Republic (X cubic meters) and the Netherlands (X cubic meters). All these countries together took near X% share of total exports. France (X cubic meters), Latvia (X cubic meters), Estonia (X cubic meters), Slovakia (X cubic meters), Finland (X cubic meters) and Sweden (X cubic meters) followed a long way behind the leaders.

Exports from Belgium increased at an average annual rate of X% from 2012 to 2023. At the same time, Ireland (X%), the Netherlands (X%), Spain (X%), Poland (X%), Germany (X%) and Finland (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. Sweden and the Czech Republic experienced a relatively flat trend pattern. By contrast, Slovakia (X%), France (X%), Estonia (X%) and Latvia (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.), Ireland (X p.p.), Poland (X p.p.), Spain (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Slovakia (X p.p.), Estonia (X p.p.), the Czech Republic (X p.p.), France (X p.p.) and Latvia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest saw logs and veneer logs supplying countries in the European Union were Germany ($X), the Czech Republic ($X) and France ($X), together comprising X% of total exports.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per cubic meter, reducing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked at $X per cubic meter in 2021; however, from 2022 to 2023, 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 Germany ($X per cubic meter), while Ireland ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports in the EU

In 2023, approx. X cubic meters of saw logs and veneer logs were imported in the European Union; almost unchanged from 2022 figures. Over the period under review, imports, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, saw logs and veneer logs imports shrank to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2022, and then fell in the following year.

Imports by Country

Ireland (X cubic meters), Austria (X cubic meters), Sweden (X cubic meters), Belgium (X cubic meters), Germany (X cubic meters), Portugal (X cubic meters), Finland (X cubic meters), Spain (X cubic meters), Poland (X cubic meters), Italy (X cubic meters) and the Czech Republic (X cubic meters) represented roughly X% of total imports in 2023.

From 2012 to 2023, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest saw logs and veneer logs importing markets in the European Union were Austria ($X), Sweden ($X) and Germany ($X), together accounting for X% of total imports. Portugal, Belgium, Italy, Finland, the Czech Republic, Poland, Spain and Ireland lagged somewhat behind, together comprising a further X%.

Portugal, with a CAGR of X%, saw 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 the European Union stood at $X per cubic meter in 2023, declining by X% against the previous year. Import price indicated moderate growth from 2012 to 2023: its price 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. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per cubic meter in 2022, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per cubic meter), while Ireland ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, 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