Hungary: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Hungary

In 2022, the Hungarian market for saw logs and veneer logs (non-coniferous) increased by 6.1% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a perceptible decrease. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Hungary

In value terms, production of saw logs and veneer logs (non-coniferous) contracted to $X in 2022 estimated in export price. Over the period under review, production showed a mild decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by 41% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from Hungary

In 2022, shipments abroad of saw logs and veneer logs (non-coniferous) decreased by -9% to X cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of +1.2% 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 +94.4% against 2016 indices. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of X cubic meters, and then contracted in the following year.

In value terms, exports of saw logs and veneer logs (non-coniferous) expanded slightly to $X in 2022. Overall, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +110.0% against 2016 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 31%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Austria (X cubic meters), Italy (X cubic meters) and Slovakia (X cubic meters) were the main destinations of exports of saw logs and veneer logs (non-coniferous) from Hungary, with a combined 77% share of total exports. Serbia, Poland, Romania, Germany and Slovenia lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +59.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for saw logs and veneer logs (non-coniferous) exported from Hungary were Austria ($X), Italy ($X) and Slovakia ($X), with a combined 62% share of total exports. Germany, Serbia, Poland, Slovenia and Romania lagged somewhat behind, together accounting for a further 21%.

Serbia, with a CAGR of +42.7%, recorded the highest rates of growth with regard to 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

In 2022, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, jumping by 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2018 an increase of 26% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per cubic meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per cubic meter), while the average price for exports to Serbia ($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 Slovenia (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into Hungary

In 2022, the amount of saw logs and veneer logs (non-coniferous) imported into Hungary soared to X cubic meters, growing by 28% compared with the year before. Overall, imports continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Imports peaked at X cubic meters in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) skyrocketed to $X in 2022. In general, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 59%. Over the period under review, imports of reached the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Croatia (X cubic meters) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Hungary, accounting for a 68% share of total imports. Moreover, imports of saw logs and veneer logs (non-coniferous) from Croatia exceeded the figures recorded by the second-largest supplier, Austria (X cubic meters), fourfold. The third position in this ranking was held by Slovenia (X cubic meters), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Croatia totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+3.4% per year) and Slovenia (+54.9% per year).

In value terms, Croatia ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Hungary, comprising 72% of total imports. The second position in the ranking was taken by Austria ($X), with a 15% share of total imports. It was followed by Slovenia, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Croatia amounted to +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+3.2% per year) and Slovenia (+29.1% per year).

Import Prices by Country

In 2022, the average import price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2018 an increase of 35%. The import price peaked at $X per cubic meter in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($X per cubic meter), while the price for Slovenia ($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 Belarus (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :