CIS: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in CIS

In 2022, the CIS market for saw logs and veneer logs (non-coniferous) increased by 3.3% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, recorded a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in CIS

In value terms, production of saw logs and veneer logs (non-coniferous) expanded modestly to $X in 2022 estimated in export price. In general, production continues to indicate a deep contraction. The growth pace was the most rapid in 2018 with an increase of 18%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports in CIS

In 2022, after two years of growth, there was decline in overseas shipments of saw logs and veneer logs (non-coniferous), when their volume decreased by -3% to X cubic meters. Overall, exports, however, showed buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 58% against the previous year. Over the period under review, the exports of reached the peak figure at X cubic meters in 2021, and then fell slightly in the following year.

In value terms, exports of saw logs and veneer logs (non-coniferous) shrank to $X in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2020 with an increase of 68%. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

The biggest shipments were from Russia (X cubic meters), together recording 99% of total export.

Russia was also the fastest-growing in terms of the saw logs and veneer logs (non-coniferous) exports, with a CAGR of +11.5% from 2012 to 2022. Russia (+26 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest saw logs and veneer logs (non-coniferous) supplier in the CIS.

In Russia, exports of saw logs and veneer logs (non-coniferous) expanded at an average annual rate of +8.9% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per cubic meter, dropping by -3.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by 18% against the previous year. Over the period under review, the export prices attained the maximum at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -2.3% per year.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports in CIS

For the fourth consecutive year, the CIS recorded growth in overseas purchases of saw logs and veneer logs (non-coniferous), which increased by 24% to X cubic meters in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 276% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of saw logs and veneer logs (non-coniferous) skyrocketed to $X in 2022. In general, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 123%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Belarus was the main importer of saw logs and veneer logs (non-coniferous) in the CIS, with the volume of imports amounting to X cubic meters, which was near 55% of total imports in 2022. Kazakhstan (X cubic meters) held a 27% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (17%).

Imports into Belarus increased at an average annual rate of +29.6% from 2012 to 2022. At the same time, Kazakhstan (+41.2%) and Uzbekistan (+21.9%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +41.2% from 2012-2022. While the share of Belarus (+26 p.p.), Kazakhstan (+21 p.p.) and Uzbekistan (+17 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X), Uzbekistan ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 98% share of total imports.

Uzbekistan, with a CAGR of +34.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the CIS stood at $X per cubic meter in 2022, growing by 6.8% against the previous year. Over the period under review, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 when the import price increased by 73% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2017 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per cubic meter), while Kazakhstan ($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 Uzbekistan (+10.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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