Belarus: Roundwood Market 2024

Roundwood Market Size in Belarus

The Belarusian roundwood market expanded slightly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, enjoyed resilient growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Roundwood Production in Belarus

In value terms, roundwood production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Roundwood Exports

Exports from Belarus

In 2022, the amount of roundwood exported from Belarus shrank significantly to X cubic meters, with a decrease of X% against the previous year's figure. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X cubic meters in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, roundwood exports declined dramatically to $X in 2022. Overall, exports showed a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X cubic meters) was the main destination for roundwood exports from Belarus, with a X% share of total exports. Moreover, roundwood exports to Uzbekistan exceeded the volume sent to the second major destination, Poland (X cubic meters), more than tenfold. The third position in this ranking was taken by Lithuania (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Uzbekistan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Lithuania (X% per year).

In value terms, Uzbekistan ($X) emerged as the key foreign market for roundwood exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Uzbekistan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Lithuania (X% per year).

Export Prices by Country

The average roundwood export price stood at $X per cubic meter in 2022, shrinking by X% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price reached the peak level of $X per cubic meter, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($X per cubic meter), while the average price for exports to the Czech Republic ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Roundwood Imports

Imports into Belarus

In 2022, approx. X cubic meters of roundwood were imported into Belarus; declining by X% compared with the previous year. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X cubic meters, and then contracted markedly in the following year.

In value terms, roundwood imports fell notably to $X in 2022. Overall, imports recorded a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, Russia (X cubic meters) was the main roundwood supplier to Belarus, accounting for a X% share of total imports. It was followed by Lithuania (X cubic meters), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%.

Import Prices by Country

The average roundwood import price stood at $X per cubic meter in 2022, with a decrease of X% against the previous year. In general, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2019 to 2022, the average import prices remained at a lower figure.

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 Lithuania ($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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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