EU: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2024

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in the EU

The EU market for saw logs and veneer logs (non-coniferous) rose to $X in 2023, growing by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in the EU

In value terms, production of saw logs and veneer logs (non-coniferous) rose modestly to $X in 2023 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports in the EU

In 2023, overseas shipments of saw logs and veneer logs (non-coniferous) increased by X% to X cubic meters, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, the exports of reached the maximum in 2023 and are expected to retain growth in years to come.

In value terms, exports of saw logs and veneer logs (non-coniferous) declined to $X in 2023. Total exports indicated temperate growth from 2012 to 2023: its value 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 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of export peaked at $X in 2022, and then fell in the following year.

Exports by Country

Belgium was the key exporter of saw logs and veneer logs (non-coniferous) in the European Union, with the volume of exports recording X cubic meters, which was near X% of total exports in 2023. France (X cubic meters) held the second position in the ranking, followed by Latvia (X cubic meters), Spain (X cubic meters) and Estonia (X cubic meters). All these countries together took approx. X% share of total exports. The Netherlands (X cubic meters), Germany (X cubic meters), Slovakia (X cubic meters), Slovenia (X cubic meters), Hungary (X cubic meters), Poland (X cubic meters), the Czech Republic (X cubic meters) and Lithuania (X cubic meters) followed a long way behind the leaders.

Belgium was also the fastest-growing in terms of the saw logs and veneer logs (non-coniferous) exports, with a CAGR of X% from 2012 to 2023. At the same time, the Netherlands (X%), France (X%), Slovenia (X%) and the Czech Republic (X%) displayed positive paces of growth. Slovakia experienced a relatively flat trend pattern. By contrast, Spain (X%), Estonia (X%), Lithuania (X%), Latvia (X%), Hungary (X%), Poland (X%) and Germany (X%) illustrated a downward trend over the same period. Belgium (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while Lithuania, Poland, Hungary, Spain, Estonia, Germany and Latvia saw its share reduced by X%, X%, X%, X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Latvia ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Germany, Spain, Estonia, Slovenia, Slovakia, Poland, Hungary, Lithuania, the Czech Republic and the Netherlands lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Slovenia, 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 export price in the European Union stood at $X per cubic meter in 2023, which is down by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked at $X per cubic meter in 2022, and then shrank in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per cubic meter), while Belgium ($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 Slovenia (X%), while the other leaders experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports in the EU

In 2023, approx. X cubic meters of saw logs and veneer logs (non-coniferous) were imported in the European Union; waning by X% compared with 2022. Over the period under review, imports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked at X cubic meters in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) shrank to $X in 2023. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of import peaked at $X in 2022, and then shrank in the following year.

Imports by Country

The countries with the highest levels of imports of saw logs and veneer logs (non-coniferous) in 2023 were Portugal (X cubic meters), Sweden (X cubic meters) and Belgium (X cubic meters), together resulting at X% of total import. Finland (X cubic meters) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%) and Italy (X%). Austria (X cubic meters), Poland (X cubic meters), Slovakia (X cubic meters), Germany (X cubic meters), Denmark (X cubic meters), the Netherlands (X cubic meters) and Luxembourg (X cubic meters) held a relatively small share of total imports.

From 2012 to 2023, the biggest increases were recorded for Belgium (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 (non-coniferous) importing markets in the European Union were Portugal ($X), Sweden ($X) and Italy ($X), together comprising X% of total imports. Belgium, Finland, Austria, Spain, Germany, Poland, Slovakia, Denmark, the Netherlands and Luxembourg lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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, rising by X% against the previous year. In general, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per cubic meter), while Belgium ($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