Norway: Overview of the Market for Saw Logs And Veneer Logs (Coniferous) 2021

Market Size for Saw Logs And Veneer Logs (Coniferous) in Norway

In 2019, after three years of growth, there was significant decline in the Norwegian market for saw logs and veneer logs (coniferous), when its value decreased by -X% to $X. Over the period under review, consumption recorded a abrupt descent. The pace of growth was the most pronounced in 2016 when the market value increased by X% against the previous year. Consumption peaked at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs (Coniferous) in Norway

In value terms, production of saw logs and veneer logs (coniferous) expanded slightly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Production peaked in 2019 and is expected to retain growth in the near future.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports from Norway

In 2019, overseas shipments of saw logs and veneer logs (coniferous) were finally on the rise to reach X cubic meters for the first time since 2015, thus ending a three-year declining trend. Over the period under review, exports posted prominent growth. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X cubic meters in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, exports of saw logs and veneer logs (coniferous) expanded sharply to $X in 2019. Overall, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

Sweden (X cubic meters) was the main destination for exports of saw logs and veneer logs (coniferous) from Norway, accounting for a X% share of total exports. Moreover, exports of saw logs and veneer logs (coniferous) to Sweden exceeded the volume sent to the second major destination, Germany (X cubic meters), fivefold.

From 2007 to 2019, the average annual rate of growth in terms 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 ($X) remains the key foreign market for saw logs and veneer logs (coniferous) exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate 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

In 2019, the average export price for saw logs and veneer logs (coniferous) amounted to $X per thousand cubic meters, remaining relatively unchanged against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, average export prices hit record highs in 2019 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2019, the country with the highest price was Latvia ($X per thousand cubic meters), while the average price for exports to Sweden ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports into Norway

In 2019, purchases abroad of saw logs and veneer logs (coniferous) decreased by -X% to X cubic meters, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Imports peaked at X cubic meters in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (coniferous) dropped to $X in 2019. Overall, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Sweden (X cubic meters) constituted the largest saw logs and veneer logs (coniferous) supplier to Norway, with a X% share of total imports. Moreover, imports of saw logs and veneer logs (coniferous) from Sweden exceeded the figures recorded by the second-largest supplier, Estonia (X cubic meters), more than tenfold. Germany (X cubic meters) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Sweden totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (-X% per year) and Germany (-X% per year).

In value terms, Sweden ($X) constituted the largest supplier of saw logs and veneer logs (coniferous) to Norway, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Estonia, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Sweden totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Estonia (-X% per year).

Import Prices by Country

The average import price for saw logs and veneer logs (coniferous) stood at $X per cubic meter in 2019, falling by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per cubic meter in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Germany ($X per cubic meter) and Estonia ($X per cubic meter), while the price for Sweden ($X per cubic meter) and Denmark ($X per cubic meter) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saw logs and veneer logs (coniferous) in the world?

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The countries with the highest volumes of consumption of saw logs and veneer logs (coniferous) in 2019 were China (35B cubic meters), Russia (23B cubic meters) and the U.S. (16B cubic meters), with a combined 64% share of global consumption.

What are the largest producers of saw logs and veneer logs (coniferous) in the world?

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The countries with the highest volumes of production of saw logs and veneer logs (coniferous) in 2019 were Russia (31B cubic meters), New Zealand (21B cubic meters) and the U.S. (19B cubic meters), with a combined 61% share of global production. The Czech Republic, Australia, Germany, Norway, Japan, Ukraine, Poland, Slovakia and France lagged somewhat behind, together accounting for a further 30%.

What are the leading suppliers of saw logs and veneer logs (coniferous) to Norway?

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In value terms, Sweden ($21M) constituted the largest supplier of saw logs and veneer logs (coniferous) to Norway, comprising 83% of total imports. The second position in the ranking was occupied by Germany ($1.3M), with a 4.9% share of total imports. It was followed by Estonia, with a 4.6% share.

What are the leading importers of saw logs and veneer logs (coniferous) from Norway?

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In value terms, Sweden ($139M) remains the key foreign market for saw logs and veneer logs (coniferous) exports from Norway, comprising 76% of total exports. The second position in the ranking was occupied by Germany ($30M), with a 16% share of total exports.

What is the average export price for saw logs and veneer logs (coniferous) in Norway?

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The average export price for saw logs and veneer logs (coniferous) stood at $88 per thousand cubic meters in 2019, remaining constant against the previous year.

What is the average import price for saw logs and veneer logs (coniferous) in Norway?

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The average import price for saw logs and veneer logs (coniferous) stood at $0.1 per cubic meter in 2019, dropping by -2.4% against the previous year.