Denmark: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Denmark

The Danish sawnwood (non-coniferous) market declined modestly to $X in 2022, shrinking by -4% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Sawnwood (non-coniferous) consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Sawnwood (Non-Coniferous) Production in Denmark

In value terms, sawnwood (non-coniferous) production expanded notably to $X in 2022 estimated in export price. Overall, production showed a abrupt descent. The pace of growth was the most pronounced in 2020 when the production volume increased by 30%. Sawnwood (non-coniferous) production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Sawnwood (Non-Coniferous) Exports

Exports from Denmark

In 2022, approx. X cubic meters of sawnwood (non-coniferous) were exported from Denmark; picking up by 6.9% against the year before. Overall, exports posted strong growth. The pace of growth was the most pronounced in 2018 with an increase of 83%. As a result, the exports attained the peak of X cubic meters. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, sawnwood (non-coniferous) exports contracted modestly to $X in 2022. Over the period under review, total exports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Sweden (X cubic meters) was the main destination for sawnwood (non-coniferous) exports from Denmark, accounting for a 34% share of total exports. Moreover, sawnwood (non-coniferous) exports to Sweden exceeded the volume sent to the second major destination, Norway (X cubic meters), twofold. The third position in this ranking was held by Iceland (X cubic meters), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at +24.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-2.0% per year) and Iceland (+46.4% per year).

In value terms, Sweden ($X), Norway ($X) and Iceland ($X) constituted the largest markets for sawnwood (non-coniferous) exported from Denmark worldwide, together comprising 46% of total exports. The Netherlands, China, the UK and France lagged somewhat behind, together accounting for a further 18%.

The Netherlands, with a CAGR of +58.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sawnwood (non-coniferous) export price amounted to $X per cubic meter, falling by -7.8% against the previous year. Over the period under review, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 45%. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per cubic meter), while the average price for exports to France ($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 Norway (-0.8%), while the prices for the other major destinations experienced a decline.

Sawnwood (Non-Coniferous) Imports

Imports into Denmark

In 2022, overseas purchases of sawnwood (non-coniferous) increased by 1.6% to X cubic meters, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 104%. Imports peaked at X cubic meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, sawnwood (non-coniferous) imports dropped slightly to $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.4% 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 +81.5% against 2015 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined modestly in the following year.

Imports by Country

Hungary (X cubic meters), Germany (X cubic meters) and Sweden (X cubic meters) were the main suppliers of sawnwood (non-coniferous) imports to Denmark, with a combined 47% share of total imports. Poland, Brazil, the United States, Lithuania, Belgium, Austria, France, the Netherlands, Ukraine and Ecuador lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +32.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Brazil ($X) and Poland ($X) constituted the largest sawnwood (non-coniferous) suppliers to Denmark, together accounting for 45% of total imports. The United States, Austria, Lithuania, Belgium, France, Ecuador, the Netherlands, Sweden, Hungary and Ukraine lagged somewhat behind, together comprising a further 34%.

Among the main suppliers, Austria, with a CAGR of +25.4%, recorded the highest rates of growth with regard to the value of imports, 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 sawnwood (non-coniferous) import price amounted to $X per cubic meter, with a decrease of -2.9% against the previous year. Overall, the import price continues to indicate a slight decline. The pace of growth appeared the most rapid in 2015 an increase of 67% against the previous year. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per cubic meter), while the price for Hungary ($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 Lithuania (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :