Europe: Industrial Roundwood Market 2024

Industrial Roundwood Market Size in Europe

The Europe industrial roundwood market contracted to $X in 2022, falling by -3.5% against the previous year. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then dropped modestly in the following year.

Industrial Roundwood Production in Europe

In value terms, industrial roundwood production reduced to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by 15% against the previous year. As a result, production reached the peak level of $X, and then fell in the following year.

Industrial Roundwood Exports

Exports in Europe

In 2022, overseas shipments of industrial roundwood decreased by -12.5% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, the exports hit record highs at X cubic meters in 2021, and then dropped in the following year.

In value terms, industrial roundwood exports fell to $X in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

The shipments of the three major exporters of industrial roundwood, namely the Czech Republic, Russia and Germany, represented more than third of total export. Norway (X cubic meters) held the next position in the ranking, followed by the Netherlands (X cubic meters), Latvia (X cubic meters), Poland (X cubic meters) and France (X cubic meters). All these countries together took near 28% share of total exports. Sweden (X cubic meters), Estonia (X cubic meters), Finland (X cubic meters), Spain (X cubic meters) and Belgium (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of +19.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest industrial roundwood supplying countries in Europe were Germany ($X), the Czech Republic ($X) and Russia ($X), together comprising 43% of total exports. France, Poland, Latvia, Norway, the Netherlands, Belgium, Sweden, Estonia, Spain and Finland lagged somewhat behind, together accounting for a further 40%.

The Netherlands, with a CAGR of +16.3%, saw the highest rates of growth with regard to the value of exports, among 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

The export price in Europe stood at $X per cubic meter in 2022, increasing by 5.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per cubic meter), while Norway ($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 Europe

In 2022, after two years of growth, there was significant decline in supplies from abroad of industrial roundwood, when their volume decreased by -10.4% to X cubic meters. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by 17%. Over the period under review, imports attained the maximum at X cubic meters in 2021, and then shrank in the following year.

In value terms, industrial roundwood imports stood at $X in 2022. The total import value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

In 2022, Austria (X cubic meters), Sweden (X cubic meters), Germany (X cubic meters), Belgium (X cubic meters), Finland (X cubic meters), Poland (X cubic meters), Portugal (X cubic meters), Latvia (X cubic meters), Slovakia (X cubic meters), Italy (X cubic meters), the Netherlands (X cubic meters) and the Czech Republic (X cubic meters) represented the major importer of industrial roundwood in Europe, creating 83% of total import.

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 Europe were Austria ($X), Germany ($X) and Sweden ($X), with a combined 38% share of total imports. Portugal, Poland, Italy, Belgium, Finland, Slovakia, Latvia, the Czech Republic and the Netherlands lagged somewhat behind, together comprising a further 41%.

Latvia, with a CAGR of +15.5%, saw 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 Europe amounted to $X per cubic meter, with an increase of 17% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 25%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per cubic meter), while the Netherlands ($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