Norway: Market for Saw Logs And Veneer Logs (Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Coniferous) in Norway

In 2021, the Norwegian market for saw logs and veneer logs (coniferous) was finally on the rise to reach $X after two years of decline. In general, consumption recorded a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs (Coniferous) in Norway

In value terms, production of saw logs and veneer logs (coniferous) rose remarkably to $X in 2021 estimated in export price. In general, production, however, saw a mild decline. The most prominent rate of growth was recorded in 2018 with an increase of 22%. Over the period under review, production of attained the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports from Norway

Exports of saw logs and veneer logs (coniferous) from Norway expanded remarkably to X cubic meters in 2021, picking up by 9.8% against the year before. Over the period under review, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +10.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -0.1% against 2015 indices. The growth pace was the most rapid in 2013 when exports increased by 61%. The exports peaked at X cubic meters in 2015; afterwards, it flattened through to 2021.

In value terms, exports of saw logs and veneer logs (coniferous) surged to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 51% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Sweden (X cubic meters) was the main destination for exports of saw logs and veneer logs (coniferous) from Norway, accounting for a 69% share of total exports. Moreover, exports of saw logs and veneer logs (coniferous) to Sweden exceeded the volume sent to the second major destination, Germany (X cubic meters), fourfold. The third position in this ranking was taken by Latvia (X cubic meters), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden totaled +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.9% per year) and Latvia (+171.2% per year).

In value terms, Sweden ($X) remains the key foreign market for saw logs and veneer logs (coniferous) exports from Norway, comprising 61% of total exports. The second position in the ranking was taken by Germany ($X), with a 19% share of total exports. It was followed by Latvia, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Sweden totaled +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+5.2% per year) and Latvia (+113.8% per year).

Export Prices by Country

In 2021, the average export price for saw logs and veneer logs (coniferous) amounted to $X per cubic meter, with an increase of 20% against the previous year. Over the period under review, the export price, however, saw a mild descent. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Latvia ($X per cubic meter), while the average price for exports to Sweden ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+4.5%), while the prices for the other major destinations experienced a decline.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports into Norway

In 2021, imports of saw logs and veneer logs (coniferous) into Norway stood at X cubic meters, increasing by 6.6% on the previous year. In general, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by 33% against the previous year. Imports peaked at X cubic meters in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (coniferous) skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 when imports increased by 33%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X cubic meters) was the main supplier of saw logs and veneer logs (coniferous) to Norway, accounting for a 94% share of total imports. It was followed by Estonia (X cubic meters), with a 2.3% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Sweden amounted to -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (-19.2% per year) and Germany (-3.0% per year).

In value terms, Sweden ($X) constituted the largest supplier of saw logs and veneer logs (coniferous) to Norway, comprising 90% of total imports. The second position in the ranking was taken by Estonia ($X), with a 2.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Sweden amounted to -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (-18.5% per year) and Germany (+0.5% per year).

Import Prices by Country

In 2021, the average import price for saw logs and veneer logs (coniferous) amounted to $X per cubic meter, surging by 15% against the previous year. Overall, the import price, however, saw a pronounced shrinkage. The import price peaked at $X per cubic meter in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per cubic meter), while the price for Sweden ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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