EU: Spruce Wood Market 2020

Spruce Wood Market Size in the EU

The revenue of the spruce wood market in the European Union amounted to $X in 2017, standing approx. at the previous year. The spruce wood consumption continues to indicate a measured setback. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. Over the period under review, the spruce wood market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Spruce Wood Production in the EU

The spruce wood production stood at X cubic meters in 2017, standing approx. at the previous year. The spruce wood production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when the output figure increased by X% year-to-year. The volume of spruce wood production peaked in 2017, and is likely to see steady growth in the near future.

Spruce Wood Exports in the EU

In 2017, approx. X cubic meters of spruce wood were exported in the European Union; approximately reflecting the previous year. The spruce wood exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when exports increased by X% y-o-y. Over the period under review, the spruce wood exports reached its peak figure volume of X cubic meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, spruce wood exports stood at $X in 2017. The spruce wood exports continue to indicate a measured curtailment. Over the period under review, the spruce wood exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Spruce Wood Exports by Country in the EU

Sweden (X cubic meters), Finland (X cubic meters), Germany (X cubic meters) and Austria (X cubic meters) represented roughly X% of total exports of spruce wood in 2017. Latvia (X cubic meters) occupied the second position in the ranking, followed by the Czech Republic (X cubic meters). All these countries together took near X% share of total exports. Romania (X cubic meters), Belgium (X cubic meters), France (X cubic meters), Slovenia (X cubic meters) and Estonia (X cubic meters) occupied the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Slovenia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest spruce wood markets worldwide were Sweden ($X), Finland ($X) and Germany ($X), together comprising X% of total exports. These countries were followed by Austria, Latvia, Romania, the Czech Republic, France, Slovenia, Belgium and Estonia, which together accounted for a further X%.

Slovenia (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Spruce Wood Export Prices by Country in the EU

The spruce wood export price in the European Union stood at $X per cubic meter in 2017, leveling off at the previous year. The spruce wood export price continues to indicate a slight slump. The pace of growth was the most pronounced in 2011, an increase of X% year-to-year. The level of export price peaked of $X per cubic meter in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Sweden ($X per cubic meter), while the Czech Republic ($X per cubic meter) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Romania (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Spruce Wood Imports in the EU

In 2017, spruce wood imports in the European Union totaled X cubic meters, coming down by -X% against the previous year. The spruce wood imports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2014, when it surged by X% y-o-y. Over the period under review, the spruce wood imports attained its peak figure volume of X cubic meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, spruce wood imports totaled $X in 2017. The spruce wood imports continue to indicate a perceptible contraction. Over the period under review, the spruce wood imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Spruce Wood Imports by Country in the EU

The UK was the key importing country with an import of about X cubic meters, which recorded X% of total imports. Italy (X cubic meters) ranks second in terms of the global imports with a X% share, followed by Germany (X%), France (X%), the Netherlands (X%), Spain (X%), Austria (X%) and Belgium (X%). Denmark (X cubic meters), Estonia (X cubic meters), Slovenia (X cubic meters) and Poland (X cubic meters) occupied the mild share of total imports.

Imports into the UK decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Estonia (+X%) and Austria (+X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. Poland and Slovenia experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%), Belgium (-X%), Germany (-X%), France (-X%), Italy (-X%), Spain (-X%) and Denmark (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the UK, Italy, Spain, Denmark and France increased by X%, X%, X%, X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X), Germany ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. The Netherlands, Austria, France, Belgium, Denmark, Estonia, Spain, Poland and Slovenia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Austria (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Spruce Wood Import Prices by Country in the EU

The spruce wood import price in the European Union stood at $X per cubic meter in 2017, leveling off at the previous year. The spruce wood import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. Over the period under review, the import prices for spruce wood reached its maximum level of $X per cubic meter in 2011; however, from 2012 to 2017, it failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Germany (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform