France: Industrial Roundwood Market 2024

Industrial Roundwood Market Size in France

The French industrial roundwood market dropped to $X in 2022, with a decrease of -8.4% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Industrial Roundwood Production in France

In value terms, industrial roundwood production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 37% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Industrial Roundwood Exports

Exports from France

In 2022, shipments abroad of industrial roundwood increased by 0.5% to X cubic meters, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. The exports peaked at X cubic meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, industrial roundwood exports surged to $X in 2022. The total export value increased at an average annual rate of +3.7% 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 exports increased by 37%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Belgium (X cubic meters) was the main destination for industrial roundwood exports from France, with a 35% share of total exports. Moreover, industrial roundwood exports to Belgium exceeded the volume sent to the second major destination, China (X cubic meters), twofold. The third position in this ranking was taken by Italy (X cubic meters), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+1.8% per year) and Italy (-4.9% per year).

In value terms, the largest markets for industrial roundwood exported from France were China ($X), Belgium ($X) and Italy ($X), together comprising 61% of total exports. Spain, Germany, Vietnam, Luxembourg and Switzerland lagged somewhat behind, together accounting for a further 24%.

Vietnam, with a CAGR of +35.0%, 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

The average industrial roundwood export price stood at $X per cubic meter in 2022, jumping by 18% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial roundwood export price increased by +37.1% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to Luxembourg ($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 Spain (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Roundwood Imports

Imports into France

In 2022, overseas purchases of industrial roundwood increased by 24% to X cubic meters, rising for the second consecutive year after four years of decline. In general, imports, however, continue to indicate a slight curtailment. Imports peaked at X cubic meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, industrial roundwood imports soared to $X in 2022. Overall, imports, however, showed a mild decrease. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X cubic meters), Spain (X cubic meters) and Belgium (X cubic meters) were the main suppliers of industrial roundwood imports to France, with a combined 70% share of total imports. Switzerland, the UK, Luxembourg, Poland and Congo lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +51.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of industrial roundwood to France, comprising 33% of total imports. The second position in the ranking was held by Belgium ($X), with a 16% share of total imports. It was followed by Spain, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+4.6% per year) and Spain (-0.5% per year).

Import Prices by Country

In 2022, the average industrial roundwood import price amounted to $X per cubic meter, remaining stable against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 22%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Congo ($X per cubic meter), while the price for Spain ($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 Belgium (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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