Iceland: Sawn Wood Market 2020

Sawn Wood Market Size in Iceland

The revenue of the sawn wood market in Iceland amounted to $X in 2018, coming down by -X% against the previous year. Over the period under review, sawn wood consumption, however, continues to indicate a deep deduction. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Over the period under review, the sawn wood market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Sawn Wood Production in Iceland

In value terms, sawn wood production amounted to $X in 2018 estimated in export prices. In general, sawn wood production continues to indicate a drastic decrease. The growth pace was the most rapid in 2013, with an increase of X% y-o-y. Over the period under review, sawn wood production reached its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Sawn Wood Exports

Exports from Iceland

In 2018, approx. X cubic meters of wood sawn or chipped lengthwise were exported from Iceland; falling by -X% against the previous year. Over the period under review, sawn wood exports, however, continue to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2017, when exports increased by X% year-to-year. In that year, sawn wood exports reached their peak of X cubic meters, and then declined slightly in the following year.

In value terms, sawn wood exports totaled $X in 2018. In general, sawn wood exports, however, continue to indicate a temperate increase. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. In that year, sawn wood exports reached their peak of $X. From 2011 to 2018, the growth of sawn wood exports failed to regain its momentum.

Exports by Country

Indonesia represented the main exporting country with an export of around X cubic meters, which recorded X% of total exports. China (X cubic meters) took a X% share (based on tons) of total exports, which put it in second place, followed by Brazil (X%). Peru (X cubic meters) and Malaysia (X cubic meters) occupied a little share of total exports.

Indonesia was also the fastest growing in terms of the wood sawn or chipped lengthwise exports, with a CAGR of +X% from 2007 to 2018. Brazil (-X%), Peru (-X%), China (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Brazil, Malaysia and Peru increased by X%, X%, X% and X% percentage points, while Indonesia (-X%) saw their share reduced.

In value terms, Malaysia ($X), Indonesia ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2018, together comprising X% of total exports. China, Peru and Iceland lagged somewhat behind, together accounting for a further X the main exporting countries, Iceland experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced a decline in the exports figures.

Export Prices by Country

The sawn wood export price in Iceland stood at $X per thousand cubic meters in 2018, picking up by X% against the previous year. In general, the sawn wood export price, however, continues to indicate a dramatic slump. The growth pace was the most rapid in 2018, an increase of X% y-o-y. Iceland export price peaked at $X per thousand cubic meters in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Malaysia ($X per thousand cubic meters), while Indonesia ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Malaysia, while the other leaders experienced mixed trends in the export price figures.

Sawn Wood Imports

Imports into Iceland

In 2018, the amount of wood sawn or chipped lengthwise imported into Iceland stood at X cubic meters, rising by X% against the previous year. Overall, sawn wood imports continue to indicate a slight growth. The growth pace was the most rapid in 2017, when imports increased by X% against the previous year. Iceland imports peaked in 2018, and are expected to retain its growth in the near future.

In value terms, sawn wood imports totaled $X in 2018. Overall, sawn wood imports continue to indicate a drastic slump. The pace of growth appeared the most rapid in 2011, with an increase of X% against the previous year. Over the period under review, sawn wood imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of sawn wood imports in 2018 were the U.S. (X cubic meters), the UK (X cubic meters) and Taiwan, Chinese (X cubic meters), together reaching X% of total import. Mexico (X cubic meters) occupied a X% share (based on tons) of total imports, which put it in second place, followed by France (X%), South Korea (X%) and Australia (X%). The following importers - Germany (X cubic meters), Japan (X cubic meters), Italy (X cubic meters), Saudi Arabia (X cubic meters) and India (X cubic meters) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the UK ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Germany, France, Japan, India, Mexico, Australia, Saudi Arabia, South Korea, Taiwan, Chinese and Iceland, which together accounted for a further X recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the sawn wood import price in Iceland amounted to $X per thousand cubic meters, waning by -X% against the previous year. Over the period under review, the sawn wood import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. In that year, the import prices for wood sawn or chipped lengthwise reached their peak level of $X per thousand cubic meters. From 2012 to 2018, the growth in terms of the import prices for wood sawn or chipped lengthwise remained at a somewhat lower figure.

Import prices varied noticeably by the country of destination; the country with the highest import price was Italy ($X per thousand cubic meters), while Taiwan, Chinese ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform