Austria: Industrial Roundwood (Non-Coniferous) Market 2024

Industrial Roundwood (Non-Coniferous) Market Size in Austria

The Austrian industrial roundwood (non-coniferous) market shrank modestly to $X in 2022, with a decrease of -4.9% against the previous year. Over the period under review, consumption showed a noticeable slump. The most prominent rate of growth was recorded in 2018 with an increase of 8.3% against the previous year. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Industrial Roundwood (Non-Coniferous) Production in Austria

In value terms, industrial roundwood (non-coniferous) production stood at $X in 2022 estimated in export price. Overall, production, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by 20%. As a result, production attained the peak level of $X. From 2015 to 2022, (non-coniferous) production growth failed to regain momentum.

Industrial Roundwood (Non-Coniferous) Exports

Exports from Austria

In 2022, industrial roundwood (non-coniferous) exports from Austria reached X cubic meters, picking up by 5.3% compared with 2021 figures. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2016 when exports increased by 39% against the previous year. The exports peaked at X cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, industrial roundwood (non-coniferous) exports surged to $X in 2022. In general, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, (non-coniferous) exports increased by +51.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X cubic meters) was the main destination for industrial roundwood (non-coniferous) exports from Austria, with a 50% share of total exports. Moreover, industrial roundwood (non-coniferous) exports to Italy exceeded the volume sent to the second major destination, Slovakia (X cubic meters), fourfold. The third position in this ranking was held by Hungary (X cubic meters), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+126.7% per year) and Hungary (+58.2% per year).

In value terms, Italy ($X) remains the key foreign market for industrial roundwood exports from Austria, comprising 36% of total exports. The second position in the ranking was taken by Germany ($X), with a 9.6% share of total exports. It was followed by Hungary, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value to Italy stood at +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.1% per year) and Hungary (+55.0% per year).

Export Prices by Country

In 2022, the average industrial roundwood (non-coniferous) export price amounted to $X per cubic meter, picking up by 23% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($X per cubic meter), while the average price for exports to Slovakia ($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 Germany (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Industrial Roundwood (Non-Coniferous) Imports

Imports into Austria

Industrial roundwood (non-coniferous) imports into Austria declined rapidly to X cubic meters in 2022, with a decrease of -35.8% compared with 2021 figures. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 6.4%. Over the period under review, (non-coniferous) imports reached the maximum at X cubic meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial roundwood (non-coniferous) imports declined to $X in 2022. In general, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2013 with an increase of 10% against the previous year. Over the period under review, (non-coniferous) imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X cubic meters), Hungary (X cubic meters) and the Czech Republic (X cubic meters) were the main suppliers of industrial roundwood (non-coniferous) imports to Austria, together accounting for 63% of total imports. Slovakia, Slovenia, Switzerland and Croatia lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +5.8%), while purchases for the other leaders experienced a decline.

In value terms, the largest industrial roundwood (non-coniferous) suppliers to Austria were Hungary ($X), Germany ($X) and Slovenia ($X), with a combined 56% share of total imports. Slovakia, Croatia, the Czech Republic and Switzerland lagged somewhat behind, together comprising a further 38%.

Switzerland, with a CAGR of +9.4%, saw the highest growth rate of 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

The average industrial roundwood (non-coniferous) import price stood at $X per cubic meter in 2022, jumping by 32% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Croatia ($X per cubic meter), while the price for the Czech Republic ($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 Croatia (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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