United Kingdom: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in the UK

The UK market for saw logs and veneer logs rose to $X in 2023, with an increase of X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs in the UK

In value terms, saw logs and veneer logs production rose modestly to $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.

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Exports of Saw Logs And Veneer Logs

Exports from the UK

In 2023, shipments abroad of saw logs and veneer logs increased by X% to X cubic meters, rising for the third consecutive year after three years of decline. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X cubic meters in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, saw logs and veneer logs exports expanded rapidly to $X in 2023. In general, exports, however, recorded a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X cubic meters), Sweden (X cubic meters) and Germany (X cubic meters) were the main destinations of saw logs and veneer logs exports from the UK, with a combined X% share of total exports. France and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Ireland ($X), Sweden ($X) and Germany ($X) appeared to be the largest markets for saw logs and veneer logs exported from the UK worldwide, together accounting for X% of total exports. France and Belgium lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, France, with a CAGR of X%, 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 mixed trend patterns.

Export Prices by Country

The average export price for saw logs and veneer logs stood at $X per cubic meter in 2023, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2016; however, from 2017 to 2023, the 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 Sweden ($X per cubic meter), while the average price for exports to Belgium ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports into the UK

In 2023, imports of saw logs and veneer logs into the UK shrank notably to X cubic meters, reducing by X% against the year before. Overall, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at X cubic meters in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, saw logs and veneer logs imports fell to $X in 2023. Over the period under review, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Ireland (X cubic meters) was the main supplier of saw logs and veneer logs to the UK, accounting for a X% share of total imports. Moreover, saw logs and veneer logs imports from Ireland exceeded the figures recorded by the second-largest supplier, Finland (X cubic meters), more than tenfold. The third position in this ranking was taken by France (X cubic meters), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Ireland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and France (X% per year).

In value terms, Ireland ($X) constituted the largest supplier of saw logs and veneer logs to the UK, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Ireland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and France (X% per year).

Import Prices by Country

In 2023, the average import price for saw logs and veneer logs amounted to $X per cubic meter, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a deep slump. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform