Belarus: Industrial Roundwood Market 2025

Industrial Roundwood Market Size in Belarus

The Belarusian industrial roundwood market amounted to $X in 2022, approximately equating the previous year. Over the period under review, consumption, however, recorded a remarkable increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Industrial Roundwood Production in Belarus

In value terms, industrial roundwood production expanded slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -21.0% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of 64% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Industrial Roundwood Exports

Exports from Belarus

Industrial roundwood exports from Belarus reduced to X cubic meters in 2022, with a decrease of -8.2% compared with the previous year. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 175% against the previous year. Over the period under review, the exports reached the peak figure at X cubic meters in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood exports dropped to $X in 2022. Overall, exports faced a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 220%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X cubic meters) was the main destination for industrial roundwood exports from Belarus, accounting for a 60% share of total exports. Moreover, industrial roundwood exports to Romania exceeded the volume sent to the second major destination, Poland (X cubic meters), fourfold. The third position in this ranking was taken by Lithuania (X cubic meters), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania stood at +57.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-23.9% per year) and Lithuania (-5.1% per year).

In value terms, Romania ($X) remains the key foreign market for industrial roundwood exports from Belarus, comprising 43% of total exports. The second position in the ranking was held by China ($X), with a 16% share of total exports. It was followed by Poland, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania totaled +50.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+2.8% per year) and Poland (-24.4% per year).

Export Prices by Country

In 2022, the average industrial roundwood export price amounted to $X per cubic meter, which is down by -2.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 16% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 China ($X per cubic meter), while the average price for exports to Romania ($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 Uzbekistan (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Roundwood Imports

Imports into Belarus

After three years of growth, purchases abroad of industrial roundwood decreased by -28% to X cubic meters in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 529% against the previous year. As a result, imports attained the peak of X cubic meters, and then fell sharply in the following year.

In value terms, industrial roundwood imports dropped remarkably to $X in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 352% against the previous year. As a result, imports attained the peak of $X, and then contracted notably in the following year.

Imports by Country

In 2022, Russia (X cubic meters) was the main supplier of industrial roundwood to Belarus, with a 98% share of total imports. It was followed by Serbia (X cubic meters), with a 1.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +34.3%.

In value terms, Russia ($X) constituted the largest supplier of industrial roundwood to Belarus, comprising 92% of total imports. The second position in the ranking was held by Serbia ($X), with a 7.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Russia stood at +26.9%.

Import Prices by Country

In 2022, the average industrial roundwood import price amounted to $X per cubic meter, waning by -11.9% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 20%. As a result, import price reached the peak level of $X per cubic meter. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Serbia ($X per cubic meter), while the price for Russia amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+8.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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