Norway: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in Norway

The Norwegian coniferous roundwood market fell markedly to $X in 2022, reducing by X% against the previous year. Overall, consumption continues to indicate a abrupt decline. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Coniferous Roundwood Production in Norway

In value terms, coniferous roundwood production fell modestly to $X in 2022 estimated in export price. In general, production showed a slight reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Coniferous Roundwood Exports

Exports from Norway

Coniferous roundwood exports from Norway rose rapidly to X cubic meters in 2022, with an increase of X% compared with the previous year. Overall, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, coniferous roundwood exports totaled $X in 2022. In general, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X cubic meters) was the main destination for coniferous roundwood exports from Norway, with a X% share of total exports. Moreover, coniferous roundwood exports to Sweden exceeded the volume sent to the second major destination, Germany (X cubic meters), fourfold. The third position in this ranking was taken by Latvia (X cubic meters), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Latvia (X% per year).

In value terms, Sweden ($X) remains the key foreign market for roundwood (coniferous) exports from Norway, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Latvia (X% per year).

Export Prices by Country

The average coniferous roundwood export price stood at $X per cubic meter in 2022, rising by X% against the previous year. Overall, the export price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per cubic meter), while the average price for exports to Sweden ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X%), while the prices for the other major destinations experienced a decline.

Coniferous Roundwood Imports

Imports into Norway

Coniferous roundwood imports into Norway expanded significantly to X cubic meters in 2022, with an increase of X% compared with the year before. Overall, imports, however, continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, coniferous roundwood imports skyrocketed to $X in 2022. In general, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X cubic meters) was the main coniferous roundwood supplier to Norway, accounting for a X% share of total imports. It was followed by Estonia (X cubic meters), with less than X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Sweden stood at X%.

In value terms, Sweden ($X) constituted the largest supplier of roundwood (coniferous) to Norway, comprising X% of total imports. The second position in the ranking was taken by Estonia ($X), with less than X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden amounted to X%.

Import Prices by Country

In 2022, the average coniferous roundwood import price amounted to $X per cubic meter, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild curtailment. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per cubic meter), while the price for Estonia stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (X%).

Source: IndexBox Platform

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