Croatia: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in Croatia

The Croatian market for coniferous wood in the rough shrank slightly to $X in 2022, approximately equating the previous year. Overall, consumption saw a relatively flat trend pattern. Coniferous wood in the rough consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Coniferous Wood In The Rough in Croatia

In value terms, coniferous wood in the rough production shrank to $X in 2022 estimated in export price. In general, the total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 62% against the previous year. Coniferous wood in the rough production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Coniferous Wood In The Rough

Exports from Croatia

In 2016, exports of coniferous wood in the rough from Croatia skyrocketed to X cubic meters, jumping by 39% against the previous year. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 104% against the previous year. Over the period under review, the coniferous wood in rough exports reached the maximum in 2016 and are likely to see gradual growth in the near future.

In value terms, coniferous wood in the rough exports soared to $X in 2016. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2014 when exports increased by 142%. As a result, the exports attained the peak of $X. From 2015 to 2016, the growth of the exports remained at a lower figure.

Exports by Country

Austria (X cubic meters) was the main destination for coniferous wood in the rough exports from Croatia, accounting for a 65% share of total exports. Moreover, coniferous wood in the rough exports to Austria exceeded the volume sent to the second major destination, Italy (X cubic meters), fourfold.

From 2012 to 2016, the average annual rate of growth in terms of volume to Austria amounted to +85.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+70.9% per year) and Slovenia (-0.6% per year).

In value terms, Austria ($X) remains the key foreign market for coniferous wood in the rough exports from Croatia, comprising 66% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 17% share of total exports.

From 2012 to 2016, the average annual growth rate of value to Austria amounted to +92.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+1.9% per year) and Italy (+72.4% per year).

Export Prices by Country

In 2016, the average export price for coniferous wood in the rough amounted to $X per cubic meter, shrinking by -9.5% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 22%. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2014; however, from 2015 to 2016, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2016, amid the top suppliers, the country with the highest price was Slovenia ($X per cubic meter), while the average price for exports to Italy ($X per cubic meter) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coniferous Wood In The Rough

Imports into Croatia

For the third consecutive year, Croatia recorded growth in supplies from abroad of coniferous wood in the rough, which increased by 99% to X cubic meters in 2016. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 1,655% against the previous year. Imports peaked in 2016 and are likely to see gradual growth in years to come.

In value terms, coniferous wood in the rough imports soared to $X in 2016. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2015 when imports increased by 1,229% against the previous year. Over the period under review, coniferous wood in rough imports hit record highs in 2016 and are expected to retain growth in the immediate term.

Imports by Country

In 2016, Slovenia (X cubic meters) was the main supplier of coniferous wood in the rough to Croatia, with a 98% share of total imports. It was followed by Estonia (X cubic meters), with a 1.8% share of total imports.

From 2012 to 2016, the average annual rate of growth in terms of volume from Slovenia amounted to +148.6%.

In value terms, Slovenia ($X) constituted the largest supplier of coniferous wood in the rough to Croatia, comprising 93% of total imports. The second position in the ranking was held by Estonia ($X), with a 6.6% share of total imports.

From 2012 to 2016, the average annual rate of growth in terms of value from Slovenia stood at +145.0%.

Import Prices by Country

The average import price for coniferous wood in the rough stood at $X per cubic meter in 2016, reducing by -8% against the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 65%. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2016, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Estonia ($X per cubic meter), while the price for Slovenia stood at $X per cubic meter.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Slovenia (-1.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :