Belgium: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in Belgium

The Belgian market for coniferous wood in the rough reduced to $X in 2022, standing approx. at the previous year. Overall, consumption showed a mild shrinkage. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Coniferous Wood In The Rough in Belgium

In value terms, coniferous wood in the rough production dropped slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by 12%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Coniferous Wood In The Rough

Exports from Belgium

In 2016, overseas shipments of coniferous wood in the rough decreased by -24.5% to X cubic meters, falling for the third year in a row after two years of growth. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2013 when exports increased by 18% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2014 to 2016, the growth of the exports failed to regain momentum.

In value terms, coniferous wood in the rough exports fell sharply to $X in 2016. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 18%. As a result, the exports reached the peak of $X. From 2014 to 2016, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X cubic meters) was the main destination for coniferous wood in the rough exports from Belgium, with a 59% share of total exports. Moreover, coniferous wood in the rough exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X cubic meters), fourfold. India (X cubic meters) ranked third in terms of total exports with an 8.3% share.

From 2012 to 2016, the average annual rate of growth in terms of volume to Germany amounted to -10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-13.8% per year) and India (-8.1% per year).

In value terms, Germany ($X) remains the key foreign market for coniferous wood in the rough exports from Belgium, comprising 57% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 15% share of total exports. It was followed by India, with a 10% share.

From 2012 to 2016, the average annual rate of growth in terms of value to Germany amounted to -11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-15.1% per year) and India (-4.4% per year).

Export Prices by Country

The average export price for coniferous wood in the rough stood at $X per cubic meter in 2016, picking up by 1.7% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per cubic meter in 2013; however, from 2014 to 2016, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2016, amid the top suppliers, the countries with the highest prices were India ($X per cubic meter) and France ($X per cubic meter), while the average price for exports to Luxembourg ($X per cubic meter) and the Netherlands ($X per cubic meter) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.0%), while the prices for the other major destinations experienced a decline.

Imports of Coniferous Wood In The Rough

Imports into Belgium

In 2016, imports of coniferous wood in the rough into Belgium rose rapidly to X cubic meters, increasing by 12% on the previous year's figure. In general, total imports indicated a strong increase from 2012 to 2016: its volume increased at an average annual rate of +12.2% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, imports increased by +58.6% against 2012 indices. The pace of growth was the most pronounced in 2013 with an increase of 19% against the previous year. Over the period under review, coniferous wood in rough imports reached the peak figure in 2016 and are likely to continue growth in the immediate term.

In value terms, coniferous wood in the rough imports totaled $X in 2016. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 19%. Over the period under review, coniferous wood in rough imports attained the peak figure at $X in 2014; however, from 2015 to 2016, imports remained at a lower figure.

Imports by Country

Luxembourg (X cubic meters), Germany (X cubic meters) and France (X cubic meters) were the main suppliers of coniferous wood in the rough imports to Belgium, with a combined 69% share of total imports. The Netherlands, Norway, the UK and Sweden lagged somewhat behind, together comprising a further 29%.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of +159.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coniferous wood in the rough suppliers to Belgium were Luxembourg ($X), Germany ($X) and France ($X), together accounting for 70% of total imports. The Netherlands, the UK, Norway and Sweden lagged somewhat behind, together accounting for a further 27%.

Norway, with a CAGR of +130.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2016, the average import price for coniferous wood in the rough amounted to $X per cubic meter, reducing by -6% against the previous year. Over the period under review, the import price showed a deep reduction. The growth pace was the most rapid in 2013 a decrease of less than 0.1% against the previous year. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2016, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per cubic meter), while the price for Norway ($X per cubic meter) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Sweden (-10.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :