Norway: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Norway

The Norwegian sawnwood (coniferous) market declined to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption recorded a perceptible decline. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sawnwood (Coniferous) Production in Norway

In value terms, sawnwood (coniferous) production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Sawnwood (Coniferous) Exports

Exports from Norway

In 2022, approx. X cubic meters of sawnwood (coniferous) were exported from Norway; with an increase of X% against the previous year. Over the period under review, total exports indicated resilient growth 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 decreased by X% against 2020 indices. Over the period under review, the exports hit record highs at X cubic meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, sawnwood (coniferous) exports totaled $X in 2022. Overall, exports showed buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X cubic meters) was the main destination for sawnwood (coniferous) exports from Norway, accounting for a X% share of total exports. Moreover, sawnwood (coniferous) exports to Sweden exceeded the volume sent to the second major destination, Germany (X cubic meters), twofold. The third position in this ranking was held by the UK (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume 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 the UK (X% per year).

In value terms, Sweden ($X), the UK ($X) and Germany ($X) appeared to be the largest markets for sawnwood (coniferous) exported from Norway worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sawnwood (coniferous) export price stood at $X per cubic meter in 2022, waning by X% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price 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, sawnwood (coniferous) export price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per cubic meter, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per cubic meter), while the average price for exports to Sweden ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports into Norway

In 2022, overseas purchases of sawnwood (coniferous) decreased by X% to X cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a mild curtailment. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2021, and then contracted markedly in the following year.

In value terms, sawnwood (coniferous) imports contracted significantly to $X in 2022. Over the period under review, total imports indicated slight growth 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then shrank significantly in the following year.

Imports by Country

In 2022, Sweden (X cubic meters) was the main supplier of sawnwood (coniferous) to Norway, accounting for a X% share of total imports. It was followed by Finland (X cubic meters), with a 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 ($X) constituted the largest supplier of sawnwood (coniferous) to Norway, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports.

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

Import Prices by Country

The average sawnwood (coniferous) import price stood at $X per cubic meter in 2022, which is down by X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price 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, sawnwood (coniferous) import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per cubic meter, and then declined in the following year.

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

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

Source: IndexBox Platform

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