Ireland: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2024

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

The Irish market for saw logs and veneer logs (non-coniferous) skyrocketed to $X in 2022, with an increase of 68% against the previous year. Overall, consumption showed a significant expansion. Consumption of peaked in 2022 and is likely to continue growth in the immediate term.

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

In value terms, production of saw logs and veneer logs (non-coniferous) declined notably to $X in 2022 estimated in export price. Overall, production posted a prominent increase. The growth pace was the most rapid in 2016 with an increase of 388% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production of growth remained at a somewhat lower figure.

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

Exports from Ireland

After two years of decline, overseas shipments of saw logs and veneer logs (non-coniferous) decreased by 0% to X cubic meters in 2022. Overall, exports showed a measured increase. The pace of growth was the most pronounced in 2017 with an increase of 14,900% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of saw logs and veneer logs (non-coniferous) stood at $X in 2022. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 34,506%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

The UK (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from Ireland, accounting for a 95% share of total exports. It was followed by Germany (X cubic meters), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +4.6%.

From 2012 to 2022, the average annual growth rate of value to the UK totaled +5.9%.

Export Prices by Country

In 2022, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw tangible growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 1,175% against the previous year. Over the period under review, the average export prices reached the maximum at $X per cubic meter in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per cubic meter), while the average price for exports to the UK amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.3%).

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

Imports into Ireland

In 2022, supplies from abroad of saw logs and veneer logs (non-coniferous) decreased by 0% to X cubic meters, falling for the third year in a row after two years of growth. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 60%. Over the period under review, imports of reached the peak figure at X cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) stood at $X in 2022. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 90%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Denmark (X cubic meters) constituted the largest saw logs and veneer logs (non-coniferous) supplier to Ireland, with a 50% share of total imports. Moreover, imports of saw logs and veneer logs (non-coniferous) from Denmark exceeded the figures recorded by the second-largest supplier, the Netherlands (X cubic meters), twofold. The third position in this ranking was taken by the UK (X cubic meters), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark totaled +67.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+27.5% per year) and the UK (+3.6% per year).

In value terms, Denmark ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Ireland, comprising 67% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 25% share of total imports. It was followed by the UK, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value from Denmark stood at +87.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+16.7% per year) and the UK (+6.5% per year).

Import Prices by Country

The average import price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2022, leveling off at the previous year. Overall, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 71% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per cubic meter), while the price for Ghana ($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 the United States (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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