Eastern Europe: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Eastern Europe

In 2022, after two years of growth, there was decline in the East European sawnwood (coniferous) market, when its value decreased by -1.4% to $X. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +50.6% against 2016 indices. The level of consumption peaked at $X in 2021, and then declined slightly in the following year.

Sawnwood (Coniferous) Production in Eastern Europe

In value terms, sawnwood (coniferous) production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when the production volume increased by 19% against the previous year. The level of production peaked at $X in 2021, and then dropped in the following year.

Sawnwood (Coniferous) Exports

Exports in Eastern Europe

In 2022, shipments abroad of sawnwood (coniferous) was finally on the rise to reach X cubic meters for the first time since 2019, thus ending a two-year declining trend. Total exports 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. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sawnwood (coniferous) exports surged to $X in 2022. Total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +98.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Latvia (X cubic meters) was the key exporter of sawnwood (coniferous), constituting 36% of total exports. The Czech Republic (X cubic meters) took the second position in the ranking, followed by Estonia (X cubic meters), Lithuania (X cubic meters), Slovakia (X cubic meters) and Poland (X cubic meters). All these countries together took approx. 55% share of total exports. Romania (X cubic meters) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +24.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), the Czech Republic ($X) and Romania ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 56% of total exports.

Romania, with a CAGR of +36.8%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries 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, waning by -3.4% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. As a result, the export price reached the peak level of $X per cubic meter, and then reduced slightly in the following year.

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 Romania ($X per cubic meter), while Estonia ($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 Romania (+9.7%), while the other leaders experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports in Eastern Europe

In 2022, supplies from abroad of sawnwood (coniferous) increased by 129% to X cubic meters, rising for the third consecutive year after four years of decline. Overall, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sawnwood (coniferous) imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Poland (X cubic meters), distantly followed by Estonia (X cubic meters), Hungary (X cubic meters), Lithuania (X cubic meters), Latvia (X cubic meters), the Czech Republic (X cubic meters) and Slovakia (X cubic meters) were the major importers of sawnwood (coniferous), together committing 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Lithuania (with a CAGR of +45.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Estonia ($X) and Lithuania ($X) constituted the countries with the highest levels of imports in 2022, with a combined 55% share of total imports.

Lithuania, with a CAGR of +48.9%, 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

In 2022, the import price in Eastern Europe amounted to $X per cubic meter, picking up by 6.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2021 when the import price increased by 45%. The level of import peaked in 2022 and is likely to continue growth in years to come.

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 Slovakia ($X per cubic meter), while Hungary ($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 Poland (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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