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

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

The Danish market for saw logs and veneer logs (non-coniferous) skyrocketed to $X in 2022, surging by 26% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, production of saw logs and veneer logs (non-coniferous) expanded rapidly to $X in 2022 estimated in export price. Overall, production showed a pronounced shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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

Exports from Denmark

In 2022, exports of saw logs and veneer logs (non-coniferous) from Denmark declined dramatically to X cubic meters, waning by -20.6% against the year before. The total export volume increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 57% against the previous year. Over the period under review, the exports of attained the peak figure at X cubic meters in 2021, and then shrank sharply in the following year.

In value terms, exports of saw logs and veneer logs (non-coniferous) contracted notably to $X in 2022. Overall, exports saw a slight curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 58%. The exports peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

China (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from Denmark, with a 74% share of total exports. Moreover, exports of saw logs and veneer logs (non-coniferous) to China exceeded the volume sent to the second major destination, Vietnam (X cubic meters), tenfold. Germany (X cubic meters) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-2.4% per year) and Germany (+4.3% per year).

In value terms, China ($X) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from Denmark, comprising 72% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 10% share of total exports. It was followed by Sweden, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-2.1% per year) and Sweden (+12.0% per year).

Export Prices by Country

In 2022, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, leveling off at the previous year. Over the period under review, the export price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 20%. The export price peaked at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per cubic meter), while the average price for exports to Germany ($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 Vietnam (+0.3%), while the prices for the other major destinations experienced a decline.

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

Imports into Denmark

In 2022, purchases abroad of saw logs and veneer logs (non-coniferous) increased by 4.3% to X cubic meters, rising for the second year in a row after three years of decline. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.4% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of 53%. Imports peaked at X cubic meters in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Latvia (X cubic meters), Germany (X cubic meters) and Sweden (X cubic meters) were the main suppliers of imports of saw logs and veneer logs (non-coniferous) to Denmark, with a combined 68% share of total imports. Estonia, Poland, Norway and Lithuania lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +172.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Latvia ($X) and Sweden ($X) appeared to be the largest saw logs and veneer logs (non-coniferous) suppliers to Denmark, with a combined 71% share of total imports. Poland, Norway, Estonia and Lithuania lagged somewhat behind, together comprising a further 19%.

Norway, with a CAGR of +107.7%, saw the highest growth rate of the value of imports, in terms of 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 2022, the average import price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, with an increase of 13% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2020 when the average import price increased by 17%. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for Estonia ($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 Latvia (+8.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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