Italy: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in Italy

The Italian coniferous roundwood market expanded to $X in 2022, rising by 3.6% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Coniferous Roundwood Production in Italy

In value terms, coniferous roundwood production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production recorded a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Coniferous Roundwood Exports

Exports from Italy

After two years of decline, shipments abroad of roundwood (coniferous) increased by 6.3% to X cubic meters in 2022. Over the period under review, exports showed measured growth. The pace of growth appeared the most rapid in 2019 with an increase of 283%. As a result, the exports attained the peak of X cubic meters. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, coniferous roundwood exports soared to $X in 2022. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 236%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Austria (X cubic meters) was the main destination for coniferous roundwood exports from Italy, accounting for a 68% share of total exports. Moreover, coniferous roundwood exports to Austria exceeded the volume sent to the second major destination, Slovenia (X cubic meters), twofold.

From 2012 to 2022, the average annual growth rate of volume to Austria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+45.6% per year) and China (+59.5% per year).

In value terms, Austria ($X) remains the key foreign market for roundwood (coniferous) exports from Italy, comprising 68% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Austria totaled +6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+50.8% per year) and China (+31.5% per year).

Export Prices by Country

In 2022, the average coniferous roundwood export price amounted to $X per cubic meter, growing by 9.7% against the previous year. Overall, the export price posted prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 64%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per cubic meter), while the average price for exports to China ($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 Austria (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.

Coniferous Roundwood Imports

Imports into Italy

In 2022, imports of roundwood (coniferous) into Italy dropped to X cubic meters, shrinking by -11.9% against 2021 figures. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Imports peaked at X cubic meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, coniferous roundwood imports reduced slightly to $X in 2022. Overall, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Switzerland (X cubic meters), Austria (X cubic meters) and Slovenia (X cubic meters) were the main suppliers of coniferous roundwood imports to Italy, with a combined 74% share of total imports. France, Poland, Germany and Croatia lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of +79.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coniferous roundwood suppliers to Italy were Switzerland ($X), Austria ($X) and Slovenia ($X), with a combined 64% share of total imports. Poland, France, Germany and Croatia lagged somewhat behind, together accounting for a further 31%.

Among the main suppliers, Croatia, with a CAGR of +65.2%, recorded the highest rates of growth with regard to the value of imports, 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 coniferous roundwood import price amounted to $X per cubic meter, surging by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2020 when the average import price increased by 20% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 Poland ($X per cubic meter), while the price for Croatia ($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 France (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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