CIS: Densified Wood Market 2025

Densified Wood Market Size in CIS

In 2022, the CIS densified wood market increased by 4.2% to $X, rising for the second year in a row after five years of decline. Overall, consumption, however, continues to indicate a perceptible setback. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Densified Wood Production in CIS

In value terms, densified wood production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 13% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Densified Wood Exports

Exports in CIS

After three years of growth, overseas shipments of densified wood decreased by -28.3% to X tons in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 1,514%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, densified wood exports declined dramatically to $X in 2022. Overall, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 498% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Russia represented the key exporter of densified wood in the CIS, with the volume of exports amounting to X tons, which was approx. 82% of total exports in 2022. It was distantly followed by Belarus (X tons), making up an 18% share of total exports.

Exports from Russia increased at an average annual rate of +21.6% from 2012 to 2022. At the same time, Belarus (+28.8%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +28.8% from 2012-2022. While the share of Belarus (+8.8 p.p.) and Russia (+6.8 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest densified wood supplier in the CIS, comprising 80% of total exports. The second position in the ranking was taken by Belarus ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at +6.9%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, with a decrease of -6.9% against the previous year. Overall, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2016 an increase of 53%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (-5.2%).

Densified Wood Imports

Imports in CIS

For the third year in a row, the CIS recorded growth in supplies from abroad of densified wood, which increased by 776% to X tons in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, densified wood imports soared to $X in 2022. In general, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan dominates imports structure, resulting at X tons, which was approx. 87% of total imports in 2022. It was distantly followed by Azerbaijan (X tons), comprising a 7.3% share of total imports. Russia (X tons) and Belarus (X tons) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of +43.5% from 2012 to 2022. At the same time, Belarus (+94.5%), Azerbaijan (+8.5%) and Russia (+4.7%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +94.5% from 2012-2022. From 2012 to 2022, the share of Kazakhstan and Belarus increased by +61 and +2.2 percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported densified wood in the CIS, comprising 81% of total imports. The second position in the ranking was taken by Russia ($X), with an 8.1% share of total imports. It was followed by Azerbaijan, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan totaled +36.6%. The remaining importing countries recorded the following average annual rates of imports growth: Russia (-0.0% per year) and Azerbaijan (+9.9% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, reducing by -39.7% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 an increase of 69% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+1.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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