Overview of the Global Market for Coniferous Wood In The Rough

Market Size for Coniferous Wood In The Rough

The global market for coniferous wood in the rough reduced to $X in 2021, flattening at the previous year. Over the period under review, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.1% against 2018 indices. Global consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Coniferous Wood In The Rough

In value terms, coniferous wood in the rough production shrank slightly to $X in 2021 estimated in export price. In general, production showed resilient growth. The pace of growth was the most pronounced in 2017 when the production volume increased by 63% against the previous year. Global production peaked at $X in 2020, and then dropped in the following year.

Exports of Coniferous Wood In The Rough

Exports

In 2021, approx. X cubic meters of coniferous wood in the rough were exported worldwide; rising by 8.5% compared with the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 22% against the previous year. Over the period under review, the global coniferous wood in rough exports attained the maximum at X cubic meters in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, coniferous wood in the rough exports rose remarkably to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 28%. Over the period under review, the global coniferous wood in rough exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand was the largest exporting country with an export of about X cubic meters, which resulted at 38% of total exports. Canada (X cubic meters) took a 14% share (based on physical terms) of total exports, which put it in second place, followed by Australia (11%) and the Czech Republic (11%). France (X cubic meters), Ukraine (X cubic meters), Belarus (X cubic meters), Estonia (X cubic meters), Germany (X cubic meters) and Slovakia (X cubic meters) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to coniferous wood in the rough exports from New Zealand stood at +7.8%. At the same time, Australia (+21.7%), Belarus (+14.0%), the Czech Republic (+11.6%), Estonia (+6.4%), Canada (+5.8%), France (+3.6%) and Ukraine (+2.1%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in the world, with a CAGR of +21.7% from 2012-2021. By contrast, Germany (-1.7%) and Slovakia (-1.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of New Zealand, Australia, the Czech Republic, Canada and Belarus increased by +17, +9.1, +6.5, +5 and +2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest coniferous wood in the rough supplier worldwide, comprising 44% of global exports. The second position in the ranking was held by Canada ($X), with a 12% share of global exports. It was followed by Australia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in New Zealand stood at +10.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Canada (+3.5% per year) and Australia (+24.0% per year).

Export Prices by Country

The average export price for coniferous wood in the rough stood at $X per cubic meter in 2021, approximately mirroring the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 4.4% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was New Zealand ($X per cubic meter), while France ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+2.1%), while the other global leaders experienced mixed trends in the export price figures.

Imports of Coniferous Wood In The Rough

Imports

In 2021, supplies from abroad of coniferous wood in the rough increased by 2.9% to X cubic meters, rising for the third year in a row after two years of decline. Over the period under review, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 21%. Over the period under review, global coniferous wood in rough imports attained the maximum at X cubic meters in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, coniferous wood in the rough imports dropped to $X in 2021. In general, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 26% against the previous year. Global imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Austria (X cubic meters), distantly followed by Japan (X cubic meters), Romania (X cubic meters), Germany (X cubic meters), the Czech Republic (X cubic meters), Canada (X cubic meters), Italy (X cubic meters) and Belgium (X cubic meters) were the key importers of coniferous wood in the rough, together generating 79% of total imports. Latvia (X cubic meters), Poland (X cubic meters), France (X cubic meters) and Finland (X cubic meters) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of +23.5%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Austria ($X), Japan ($X) and Germany ($X) were the countries with the highest levels of imports in 2021, together comprising 53% of global imports. These countries were followed by Romania, the Czech Republic, Canada, Belgium, Italy, Latvia, France, Poland and Finland, which together accounted for a further 35%.

Romania, with a CAGR of +18.1%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for coniferous wood in the rough amounted to $X per cubic meter, reducing by -3.9% against the previous year. Over the period under review, the import price saw a perceptible descent. The most prominent rate of growth was recorded in 2013 an increase of 3.9%. Global import price peaked at $X per cubic meter in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per cubic meter), while Poland ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-2.3%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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