Romania: Industrial Roundwood (Non-Coniferous) Market 2024

Industrial Roundwood (Non-Coniferous) Market Size in Romania

The Romanian industrial roundwood (non-coniferous) market expanded rapidly to $X in 2022, rising by 5.5% against the previous year. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, (non-coniferous) consumption decreased by -5.7% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Industrial Roundwood (Non-Coniferous) Production in Romania

In value terms, industrial roundwood (non-coniferous) production expanded notably to $X in 2022 estimated in export price. Over the period under review, production, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 85%. As a result, production attained the peak level of $X. From 2021 to 2022, (non-coniferous) production growth remained at a lower figure.

Industrial Roundwood (Non-Coniferous) Exports

Exports from Romania

After two years of decline, overseas shipments of industrial roundwood increased by 144% to X cubic meters in 2022. Over the period under review, exports, however, showed a abrupt slump. Over the period under review, the (non-coniferous) exports attained the maximum at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood (non-coniferous) exports skyrocketed to $X in 2022. In general, exports, however, recorded a deep slump. Over the period under review, the (non-coniferous) exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X cubic meters), Slovakia (X cubic meters) and Germany (X cubic meters) were the main destinations of industrial roundwood (non-coniferous) exports from Romania, with a combined 83% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +207.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and Bulgaria ($X) constituted the largest markets for industrial roundwood (non-coniferous) exported from Romania worldwide, together accounting for 63% of total exports.

Among the main countries of destination, Slovakia, with a CAGR of +233.7%, saw 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 industrial roundwood (non-coniferous) export price stood at $X per cubic meter in 2022, reducing by -6.1% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial roundwood (non-coniferous) export price decreased by -40.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 96%. As a result, the export price attained the peak level of $X per cubic meter. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to Bulgaria ($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 China (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Roundwood (Non-Coniferous) Imports

Imports into Romania

In 2022, approx. X cubic meters of industrial roundwood were imported into Romania; with a decrease of -15.1% against 2021 figures. In general, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by 134% against the previous year. Imports peaked at X cubic meters in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial roundwood (non-coniferous) imports totaled $X in 2022. Overall, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 70% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of (non-coniferous) imports remained at a somewhat lower figure.

Imports by Country

Hungary (X cubic meters), Slovakia (X cubic meters) and Russia (X cubic meters) were the main suppliers of industrial roundwood (non-coniferous) imports to Romania, together comprising 79% of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +105.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Hungary ($X) and the Czech Republic ($X) appeared to be the largest industrial roundwood (non-coniferous) suppliers to Romania, with a combined 70% share of total imports. The Netherlands, Russia and Bulgaria lagged somewhat behind, together comprising a further 17%.

Russia, with a CAGR of +65.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average industrial roundwood (non-coniferous) import price amounted to $X per cubic meter, increasing by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2018 an increase of 111% against the previous year. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per cubic meter), while the price for Bulgaria ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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