Europe: Coniferous Roundwood Market 2023

Coniferous Roundwood Market Size in Europe

The Europe coniferous roundwood market totaled $X in 2021, standing approx. at the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Coniferous Roundwood Production in Europe

In value terms, coniferous roundwood production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by 19% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Coniferous Roundwood Exports

Exports in Europe

In 2021, shipments abroad of roundwood (coniferous) decreased by -3.2% to X cubic meters for the first time since 2017, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of X cubic meters, and then shrank in the following year.

In value terms, coniferous roundwood exports soared to $X in 2021. Total exports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +63.5% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X cubic meters) and Germany (X cubic meters) represented roughly 42% of total exports in 2021. The Netherlands (X cubic meters) ranks next in terms of the total exports with a 10% share, followed by Norway (7.9%), Belgium (7.8%), Russia (6.1%) and Poland (5.2%). The following exporters - Austria (X cubic meters), Sweden (X cubic meters), France (X cubic meters), Latvia (X cubic meters), Finland (X cubic meters) and Slovakia (X cubic meters) - each amounted to an 11% share of total exports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +29.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Germany ($X) and Belgium ($X) were the countries with the highest levels of exports in 2021, with a combined 52% share of total exports.

Belgium, with a CAGR of +26.7%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 2021, the export price in Europe amounted to $X per cubic meter, with an increase of 32% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per cubic meter), while Norway ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.9%), while the other leaders experienced more modest paces of growth.

Coniferous Roundwood Imports

Imports in Europe

Coniferous roundwood imports expanded slightly to X cubic meters in 2021, with an increase of 2.2% on the previous year. The total import volume increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, coniferous roundwood imports soared to $X in 2021. The total import value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Austria (X cubic meters), distantly followed by Germany (X cubic meters), Sweden (X cubic meters), Belgium (X cubic meters), Romania (X cubic meters) and Poland (X cubic meters) were the key importers of roundwood (coniferous), together committing 69% of total imports. Finland (X cubic meters), Latvia (X cubic meters), Slovakia (X cubic meters), the Netherlands (X cubic meters), the Czech Republic (X cubic meters), Italy (X cubic meters) and the UK (X cubic meters) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Slovakia (with a CAGR of +33.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and Sweden ($X) were the countries with the highest levels of imports in 2021, with a combined 47% share of total imports. These countries were followed by Romania, Belgium, Latvia, Slovakia, Poland, the UK, Finland, Italy, the Netherlands and the Czech Republic, which together accounted for a further 39%.

Among the main importing countries, Slovakia, with a CAGR of +27.6%, saw the highest rates of growth with regard to the value of imports, 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 Europe stood at $X per cubic meter in 2021, picking up by 36% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per cubic meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per cubic meter), while Finland ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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