Greece: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Greece

The Greek sawnwood (coniferous) market surged to $X in 2022, growing by 145% against the previous year. Overall, consumption, however, saw a noticeable shrinkage. Sawnwood (coniferous) consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sawnwood (Coniferous) Production in Greece

In value terms, sawnwood (coniferous) production reached $X in 2022 estimated in export price. In general, production saw a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 6.7% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Sawnwood (Coniferous) Exports

Exports from Greece

In 2022, the amount of sawnwood (coniferous) exported from Greece surged to X cubic meters, increasing by 27% on the previous year. Overall, exports posted pronounced growth. The most prominent rate of growth was recorded in 2019 when exports increased by 396%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sawnwood (coniferous) exports rose markedly to $X in 2022. In general, exports, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 162%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Albania (X cubic meters) was the main destination for sawnwood (coniferous) exports from Greece, accounting for a 72% share of total exports. Moreover, sawnwood (coniferous) exports to Albania exceeded the volume sent to the second major destination, Bulgaria (X cubic meters), fivefold. North Macedonia (X cubic meters) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume to Albania stood at +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-12.6% per year) and North Macedonia (+58.5% per year).

In value terms, Albania ($X) remains the key foreign market for sawnwood (coniferous) exports from Greece, comprising 58% of total exports. The second position in the ranking was held by Cyprus ($X), with a 20% share of total exports. It was followed by Bulgaria, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to Albania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+5.0% per year) and Bulgaria (-16.1% per year).

Export Prices by Country

In 2022, the average sawnwood (coniferous) export price amounted to $X per cubic meter, which is down by -16.2% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 95%. As a result, the export price attained the peak level of $X per cubic meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($X per cubic meter), while the average price for exports to Bulgaria ($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 Bulgaria (-3.9%), while the prices for the other major destinations experienced a decline.

Sawnwood (Coniferous) Imports

Imports into Greece

Sawnwood (coniferous) imports into Greece surged to X cubic meters in 2022, jumping by 1,019% compared with the year before. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

Imports by Country

Finland (X cubic meters), Bulgaria (X cubic meters) and Sweden (X cubic meters) were the main suppliers of sawnwood (coniferous) imports to Greece, with a combined 48% share of total imports. Austria, the Czech Republic, Ukraine, Romania, Slovakia, Germany, the Netherlands, Estonia, Russia and Bosnia and Herzegovina lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +102.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sawnwood (coniferous) suppliers to Greece were Finland ($X), Sweden ($X) and Bulgaria ($X), together accounting for 53% of total imports. Austria, Romania, the Czech Republic, Slovakia, Germany, Ukraine, Estonia, Russia, Bosnia and Herzegovina and the Netherlands lagged somewhat behind, together comprising a further 40%.

Ukraine, with a CAGR of +99.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sawnwood (coniferous) import price amounted to $X per cubic meter, picking up by 62% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per cubic meter), while the price for Ukraine ($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 Bosnia and Herzegovina (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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