Europe: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in Europe

In 2022, the Europe coniferous roundwood market increased by 3.5% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Coniferous Roundwood Production in Europe

In value terms, coniferous roundwood production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 17% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Coniferous Roundwood Exports

Exports in Europe

In 2022, shipments abroad of roundwood (coniferous) decreased by -21.3% to X cubic meters, falling for the second year in a row after three years of growth. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 17% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, coniferous roundwood exports contracted dramatically to $X in 2022. The total export value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 32% against the previous year. As a result, the exports attained the peak of $X, and then reduced dramatically in the following year.

Exports by Country

The Czech Republic (X cubic meters) and Germany (X cubic meters) represented roughly 43% of total exports in 2022. It was distantly followed by Norway (X cubic meters), the Netherlands (X cubic meters) and Poland (X cubic meters), together making up a 26% share of total exports. Sweden (X cubic meters), Austria (X cubic meters), Finland (X cubic meters), France (X cubic meters), Slovakia (X cubic meters), Latvia (X cubic meters), Belgium (X cubic meters) and Spain (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +20.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest coniferous roundwood supplying countries in Europe were the Czech Republic ($X), Germany ($X) and Poland ($X), with a combined 55% share of total exports. Norway, the Netherlands, Sweden, Austria, Belgium, Finland, France, Latvia, Slovakia and Spain lagged somewhat behind, together comprising a further 35%.

Among the main exporting countries, the Netherlands, with a CAGR of +17.9%, saw the highest rates of growth with regard to 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

The export price in Europe stood at $X per cubic meter in 2022, increasing by 3.1% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 34% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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 ($X per cubic meter), while Norway ($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 (+5.9%), while the other leaders experienced more modest paces of growth.

Coniferous Roundwood Imports

Imports in Europe

In 2022, after two years of growth, there was significant decline in supplies from abroad of roundwood (coniferous), when their volume decreased by -6.4% to X cubic meters. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 19% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, coniferous roundwood imports amounted to $X in 2022. The total import value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Austria (X cubic meters), distantly followed by Germany (X cubic meters), Sweden (X cubic meters), Belgium (X cubic meters), Poland (X cubic meters), Latvia (X cubic meters) and Finland (X cubic meters) represented the main importers of roundwood (coniferous), together constituting 71% of total imports. Romania (X cubic meters), Slovakia (X cubic meters), the Czech Republic (X cubic meters), Luxembourg (X cubic meters), France (X cubic meters) and Italy (X cubic meters) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Slovakia (with a CAGR of +27.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and Sweden ($X) were the countries with the highest levels of imports in 2022, together comprising 47% of total imports. Poland, Romania, Latvia, Belgium, Slovakia, the Czech Republic, Finland, Italy, France and Luxembourg lagged somewhat behind, together accounting for a further 39%.

In terms of the main importing countries, Slovakia, with a CAGR of +23.4%, saw 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

The import price in Europe stood at $X per cubic meter in 2022, rising by 8.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 35%. The level of import peaked at $X per cubic meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Romania ($X per cubic meter), while Finland ($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 (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform