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

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

In 2022, the Norwegian market for saw logs and veneer logs (non-coniferous) was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption enjoyed a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, production of saw logs and veneer logs (non-coniferous) shrank modestly to $X in 2022 estimated in export price. In general, production continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 75%. Production of peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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

Exports from Norway

In 2022, overseas shipments of saw logs and veneer logs (non-coniferous) decreased by -40.9% to X cubic meters, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 102%. Over the period under review, the exports of hit record highs at X cubic meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) shrank markedly to $X in 2022. In general, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 109% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from Norway, accounting for a 99% share of total exports. It was followed by the UK (X cubic meters), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Sweden stood at +16.7%.

In value terms, Sweden ($X) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from Norway, comprising 97% of total exports. The second position in the ranking was taken by the UK ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden amounted to +15.7%.

Export Prices by Country

In 2022, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, stabilizing at the previous year. Over the period under review, the export price, however, saw a pronounced reduction. The pace of growth appeared the most rapid in 2019 an increase of 6.6%. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($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 (-0.5%).

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

Imports into Norway

In 2022, purchases abroad of saw logs and veneer logs (non-coniferous) increased by 410% to X cubic meters, rising for the second year in a row after three years of decline. Over the period under review, imports, however, continue to indicate a abrupt curtailment. Imports peaked at X cubic meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) skyrocketed to $X in 2022. In general, imports, however, recorded a abrupt shrinkage. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Latvia (X cubic meters) constituted the largest saw logs and veneer logs (non-coniferous) supplier to Norway, with a 67% share of total imports. Moreover, imports of saw logs and veneer logs (non-coniferous) from Latvia exceeded the figures recorded by the second-largest supplier, Sweden (X cubic meters), threefold. Finland (X cubic meters) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from Latvia stood at +74.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-30.5% per year) and Finland (+7.8% per year).

In value terms, Latvia ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Norway, comprising 73% of total imports. The second position in the ranking was held by Italy ($X), with a 7.1% share of total imports. It was followed by Finland, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Latvia amounted to +85.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+64.3% per year) and Finland (+16.7% per year).

Import Prices by Country

In 2022, the average import price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, picking up by 47% against the previous year. Overall, the import price saw resilient growth. The pace of growth was the most pronounced in 2018 an increase of 134% against the previous year. The import price peaked at $X per cubic meter in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per cubic meter), while the price for Sweden ($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 Italy (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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