Italy: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Italy

The Italian sawnwood (coniferous) market soared to $X in 2022, jumping by 430% against the previous year. In general, consumption showed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Sawnwood (Coniferous) Production in Italy

In value terms, sawnwood (coniferous) production shrank to $X in 2022 estimated in export price. Overall, production, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 104%. Sawnwood (coniferous) production peaked at $X in 2021, and then contracted in the following year.

Sawnwood (Coniferous) Exports

Exports from Italy

After two years of decline, overseas shipments of sawnwood (coniferous) increased by 237% to X cubic meters in 2022. Overall, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 277% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sawnwood (coniferous) exports soared to $X in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X cubic meters) was the main destination for sawnwood (coniferous) exports from Italy, accounting for a 23% share of total exports. Moreover, sawnwood (coniferous) exports to France exceeded the volume sent to the second major destination, the United Arab Emirates (X cubic meters), threefold. The third position in this ranking was held by Austria (X cubic meters), with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume to France totaled +39.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+47.4% per year) and Austria (-2.4% per year).

In value terms, the largest markets for sawnwood (coniferous) exported from Italy were France ($X), Austria ($X) and Somalia ($X), together comprising 38% of total exports. Germany, the United Arab Emirates, Saudi Arabia, Oman, Switzerland, Spain, Israel, Qatar, Slovenia and Senegal lagged somewhat behind, together comprising a further 41%.

In terms of the main countries of destination, Oman, with a CAGR of +62.3%, recorded the highest rates of growth with regard to the value of exports, 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 sawnwood (coniferous) export price amounted to $X per cubic meter, surging by 6.1% against the previous year. In general, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 56%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 Somalia ($X per cubic meter), while the average price for exports to Senegal ($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 (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports into Italy

In 2022, overseas purchases of sawnwood (coniferous) increased by 2,112% to X cubic meters, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sawnwood (coniferous) imports soared to $X in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Austria (X cubic meters) constituted the largest sawnwood (coniferous) supplier to Italy, with a 53% share of total imports. Moreover, sawnwood (coniferous) imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), fourfold. The third position in this ranking was taken by the Czech Republic (X cubic meters), with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Austria totaled +27.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+30.0% per year) and the Czech Republic (+38.6% per year).

In value terms, Austria ($X) constituted the largest supplier of sawnwood (coniferous) to Italy, comprising 53% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by Finland, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Austria amounted to +29.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+32.4% per year) and Finland (+38.2% per year).

Import Prices by Country

In 2022, the average sawnwood (coniferous) import price amounted to $X per cubic meter, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2020 an increase of 22%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per cubic meter), while the price for France ($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 Ukraine (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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