Overview of the Global Market for Saw Logs And Veneer Logs

Market Size for Saw Logs And Veneer Logs

In 2020, the global market for saw logs and veneer logs decreased by -X% to $X, falling for the second consecutive year after three years of growth. In general, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the global market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs

In value terms, saw logs and veneer logs production declined to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2009 to 2020, global production growth failed to regain the momentum.

Production By Country

The countries with the highest volumes of saw logs and veneer logs production in 2020 were the U.S. (X tonnes), Russia (X tonnes) and China (X tonnes), with a combined X% share of global production. Brazil, Canada, Indonesia, Sweden, Finland, Germany, India, Chile, Viet Nam and Poland lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Viet Nam, while saw logs and veneer logs production for the other global leaders experienced more modest paces of growth.

Exports of Saw Logs And Veneer Logs

Exports

In 2020, overseas shipments of saw logs and veneer logs decreased by -X% to X tonnes for the first time since 2016, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Global exports peaked at X tonnes in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, saw logs and veneer logs exports contracted to $X in 2020. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, global exports attained the maximum at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

In 2020, New Zealand (X tonnes), followed by Russia (X tonnes), Germany (X tonnes), the U.S. (X tonnes), the Czech Republic (X tonnes) and Uruguay (X tonnes) were the largest exporters of saw logs and veneer logs, together committing X% of total exports. The following exporters - Australia (X tonnes), Norway (X tonnes), Canada (X tonnes), France (X tonnes), Latvia (X tonnes), Belarus (X tonnes) and Papua New Guinea (X tonnes) - together made up X% of total exports.

From 2007 to 2020, the biggest increases were in Uruguay, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest saw logs and veneer logs supplying countries worldwide were New Zealand ($X), the U.S. ($X) and Russia ($X), with a combined X% share of global exports.

New Zealand recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for saw logs and veneer logs stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price showed a noticeable slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% y-o-y. Global export price peaked at $X per tonne in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Papua New Guinea ($X per tonne), while Belarus ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand, while the other global leaders experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports

In 2020, after two years of growth, there was significant decline in purchases abroad of saw logs and veneer logs, when their volume decreased by -X% to X tonnes. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Global imports peaked at X tonnes in 2019, and then contracted in the following year.

In value terms, saw logs and veneer logs imports declined to $X in 2020. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Global imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

China represented the main importer of saw logs and veneer logs in the world, with the volume of imports resulting at X tonnes, which was near X% of total imports in 2020. Austria (X tonnes) took an X% share (based on tonnes) of total imports, which put it in second place, followed by Sweden (X%) and Germany (X%). Finland (X tonnes), Japan (X tonnes), Belgium (X tonnes), India (X tonnes), South Korea (X tonnes), Poland (X tonnes) and Canada (X tonnes) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +X% from 2007 to 2020. At the same time, Belgium (+X%), India (+X%), Germany (+X%), Sweden (+X%), Austria (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. By contrast, Canada (-X%), South Korea (-X%), Finland (-X%) and Japan (-X%) illustrated a downward trend over the same period. China (+X p.p.) and Belgium (+X p.p.) significantly strengthened its position in terms of the global imports, while South Korea, Finland and Japan saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported saw logs and veneer logs worldwide, comprising X% of global imports. The second position in the ranking was occupied by India ($X), with a X% share of global imports. It was followed by Austria, with a X% share.

In China, saw logs and veneer logs imports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: India (+X% per year) and Austria (-X% per year).

Import Prices by Country

The average import price for saw logs and veneer logs stood at $X per tonne in 2020, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. Global import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was India ($X per tonne), while Austria ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saw logs and veneer logs in the world?

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The countries with the highest volumes of saw logs and veneer logs consumption in 2020 were the U.S. (377K tonnes), China (284K tonnes) and Russia (183K tonnes), together accounting for 41% of global consumption. Brazil, Canada, Indonesia, Sweden, Finland, India, Chile, Germany, Viet Nam and Poland lagged somewhat behind, together accounting for a further 36%.

What are the largest producers of saw logs and veneer logs in the world?

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The countries with the highest volumes of saw logs and veneer logs production in 2020 were the U.S. (393K tonnes), Russia (206K tonnes) and China (192K tonnes), together comprising 38% of global production. These countries were followed by Brazil, Canada, Indonesia, Sweden, Finland, Germany, India, Chile, Viet Nam and Poland, which together accounted for a further 36%.

What are the leading suppliers of saw logs and veneer logs in the world?

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In value terms, New Zealand ($2B), the U.S. ($1.6B) and Russia ($1.4B) were the countries with the highest levels of exports in 2020, with a combined 35% share of global exports.

What are the leading importers of saw logs and veneer logs in the world?

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In value terms, China ($8.4B) constitutes the largest market for imported saw logs and veneer logs worldwide, comprising 58% of global imports. The second position in the ranking was occupied by India ($649M), with a 4.5% share of global imports. It was followed by Austria, with a 4.2% share.

What is the average export price for saw logs and veneer logs in the world?

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In 2020, the average export price for saw logs and veneer logs amounted to $66,815 per tonne, dropping by -5% against the previous year.

What is the average import price for saw logs and veneer logs in the world?

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The average import price for saw logs and veneer logs stood at $72,730 per tonne in 2020, therefore, remained relatively stable against the previous year.