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 2020, the Norwegian market for saw logs and veneer logs (coniferous) decreased by -X% to $X for the first time since 2015, thus ending a four-year rising trend. Over the period under review, consumption, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

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

In value terms, production of saw logs and veneer logs (coniferous) shrank to $X in 2020 estimated in export prices. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2011; however, from 2012 to 2020, production failed to regain the momentum.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports from Norway

In 2020, after three years of growth, there was decline in overseas shipments of saw logs and veneer logs (coniferous), when their volume decreased by -X% to X cubic meters. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Exports peaked at X cubic meters in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, exports of saw logs and veneer logs (coniferous) declined sharply to $X in 2020. In general, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2019, and then declined notably in the following year.

Exports by Country

Sweden (X cubic meters) was the main destination for exports of saw logs and veneer logs (coniferous) from Norway, with 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), sevenfold. Latvia (X cubic meters) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume 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).

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. It was followed by Latvia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Sweden amounted to +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 2020, the average export price for saw logs and veneer logs (coniferous) amounted to $X per cubic meter, shrinking by -X% against the previous year. In general, the export price saw a noticeable contraction. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. As a result, export price reached the peak level of $X per cubic meter. from 2012 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied noticeably for the major overseas markets. In 2020, the highest prices were recorded for prices to Latvia ($X per cubic meter) and Denmark ($X per cubic meter), while the average price for exports to Sweden ($X per cubic meter) and Germany ($X per cubic meter) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced a decline.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports into Norway

In 2020, the amount of saw logs and veneer logs (coniferous) imported into Norway declined remarkably to X cubic meters, reducing by -X% compared with 2019 figures. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Imports peaked at X cubic meters in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of saw logs and veneer logs (coniferous) contracted remarkably to $X in 2020. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Sweden (X cubic meters) was the main saw logs and veneer logs (coniferous) supplier to Norway, accounting for a X% share of total imports. It was followed by Germany (X cubic meters), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Sweden stood at -X%.

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.

From 2007 to 2020, the average annual rate of growth in terms of value from Sweden totaled -X%.

Import Prices by Country

The average import price for saw logs and veneer logs (coniferous) stood at $X per cubic meter in 2020, dropping by -X% against the previous year. Overall, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per cubic meter), while the price for Sweden amounted to $X per cubic meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany.

Source: IndexBox 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 2020 were the U.S. (286M cubic meters), Russia (151M cubic meters) and Canada (114M cubic meters), together accounting for 47% 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 2020 were the U.S. (300M cubic meters), Russia (166M cubic meters) and Canada (115M cubic meters), together accounting for 49% of global production. These countries were followed by Sweden, Germany, Finland, New Zealand, Brazil, Chile, Poland, China, the Czech Republic and Japan, which together accounted for a further 32%.

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

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In value terms, Sweden ($20M) constituted the largest supplier of saw logs and veneer logs (coniferous) to Norway, comprising 95% of total imports. The second position in the ranking was occupied by Germany ($637K), with a 3% share of total imports.

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

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In value terms, Sweden ($157M) remains the key foreign market for saw logs and veneer logs (coniferous) exports from Norway, comprising 78% of total exports. The second position in the ranking was occupied by Germany ($24M), with a 12% share of total exports. It was followed by Latvia, with a 5.8% share.

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

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In 2020, the average export price for saw logs and veneer logs (coniferous) amounted to $31 per cubic meter, falling by -17.6% against the previous year.

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

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In 2020, the average import price for saw logs and veneer logs (coniferous) amounted to $35 per cubic meter, waning by -7.7% against the previous year.