Eastern Europe: Industrial Roundwood Market 2025

Industrial Roundwood Market Size in Eastern Europe

In 2022, after two years of growth, there was decline in the East European industrial roundwood market, when its value decreased by -0.8% to $X. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021, and then declined modestly in the following year.

Industrial Roundwood Production in Eastern Europe

In value terms, industrial roundwood production declined modestly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. Over the period under review, production attained the peak level at $X in 2021, and then fell in the following year.

Industrial Roundwood Exports

Exports in Eastern Europe

In 2022, industrial roundwood exports in Eastern Europe reduced to X cubic meters, shrinking by -9.4% against 2021. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 12% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, industrial roundwood exports shrank to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 20%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X cubic meters) and Russia (X cubic meters) represented roughly 64% of total exports in 2022. It was distantly followed by Latvia (X cubic meters), Poland (X cubic meters) and Estonia (X cubic meters), together mixing up a 25% share of total exports. Slovakia (X cubic meters) and Hungary (X cubic meters) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Czech Republic (with a CAGR of +11.0%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the Czech Republic ($X), Russia ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2022, with a combined 71% share of total exports.

In terms of the main exporting countries, the Czech Republic, with a CAGR of +10.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per cubic meter, increasing by 7.9% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 29% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per cubic meter), while Russia ($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 (+5.4%), while the other leaders experienced more modest paces of growth.

Industrial Roundwood Imports

Imports in Eastern Europe

In 2022, purchases abroad of industrial roundwood increased by 9.6% to X cubic meters, rising for the third year in a row after four years of decline. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.3% 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 +108.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 59%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, industrial roundwood imports surged to $X in 2022. Over the period under review, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 67% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of industrial roundwood imports in 2022 were Poland (X cubic meters), Latvia (X cubic meters), Slovakia (X cubic meters), the Czech Republic (X cubic meters) and Romania (X cubic meters), together amounting to 86% of total import. It was distantly followed by Estonia (X cubic meters), mixing up a 7% share of total imports. Hungary (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +14.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial roundwood importing markets in Eastern Europe were Poland ($X), Slovakia ($X) and Latvia ($X), with a combined 57% share of total imports.

Among the main importing countries, Latvia, with a CAGR of +15.5%, recorded the highest growth rate of 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 import price in Eastern Europe amounted to $X per cubic meter, increasing by 11% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial roundwood import price increased by +54.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when the import price increased by 39% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per cubic meter), while Latvia ($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 Poland (+6.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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