Ireland: Preservative-Treated Rough Wood Market 2024

Preservative-Treated Rough Wood Market Size in Ireland

For the fourth year in a row, the Irish preservative-treated rough wood market recorded growth in sales value, which increased by 13% to $X in 2021. In general, consumption enjoyed a resilient increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Preservative-Treated Rough Wood Production in Ireland

In value terms, preservative-treated rough wood production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 154%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Preservative-Treated Rough Wood Exports

Exports from Ireland

In 2020, the amount of preservative-treated rough wood exported from Ireland reduced rapidly to X cubic meters, with a decrease of -15.3% against the year before. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 287% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2018 to 2020, the growth of the exports failed to regain momentum.

In value terms, preservative-treated rough wood exports surged to $X in 2020. Overall, total exports indicated a measured increase from 2012 to 2020: its value increased at an average annual rate of +2.9% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -23.4% against 2017 indices. The most prominent rate of growth was recorded in 2016 with an increase of 25%. The exports peaked at $X in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

Exports by Country

The UK (X cubic meters) was the main destination for preservative-treated rough wood exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to the UK stood at +71.4%.

In value terms, the UK ($X) also remains the key foreign market for preservative-treated rough wood exports from Ireland.

From 2012 to 2020, the average annual rate of growth in terms of value to the UK amounted to +35.6%.

Export Prices by Country

The average preservative-treated rough wood export price stood at $X per cubic meter in 2020, growing by 41% against the previous year. Overall, the export price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2018 when the average export price increased by 52%. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2020, the rate of growth in terms of prices for the UK amounted to -20.9% per year.

Preservative-Treated Rough Wood Imports

Imports into Ireland

Preservative-treated rough wood imports into Ireland reduced to X cubic meters in 2020, dropping by -13.9% against the year before. Over the period under review, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2017 when imports increased by 205% against the previous year. As a result, imports attained the peak of X cubic meters. From 2018 to 2020, the growth of imports failed to regain momentum.

In value terms, preservative-treated rough wood imports dropped to $X in 2020. In general, imports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 150%. As a result, imports reached the peak of $X. From 2018 to 2020, the growth of imports remained at a lower figure.

Imports by Country

In 2020, the UK (X cubic meters) constituted the largest supplier of preservative-treated rough wood to Ireland, accounting for a 44% share of total imports. Moreover, preservative-treated rough wood imports from the UK exceeded the figures recorded by the second-largest supplier, Finland (X cubic meters), threefold. The third position in this ranking was taken by Poland (X cubic meters), with a 17% share.

From 2012 to 2020, the average annual growth rate of volume from the UK stood at +32.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-7.8% per year) and Poland (+71.3% per year).

In value terms, the largest preservative-treated rough wood suppliers to Ireland were the UK ($X), Finland ($X) and Poland ($X), together accounting for 83% of total imports.

Poland, with a CAGR of +57.3%, recorded the highest rates of growth with regard to 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

The average preservative-treated rough wood import price stood at $X per cubic meter in 2020, with an increase of 9.4% against the previous year. In general, the import price, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2014 an increase of 22% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2015 to 2020, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per cubic meter), while the price for Latvia ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Finland (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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