Norway: Sawnwood Market 2024

Sawnwood Market Size in Norway

The Norwegian sawnwood market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a perceptible setback. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sawnwood Production in Norway

In value terms, sawnwood production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Sawnwood Exports

Exports from Norway

In 2022, approx. X cubic meters of sawnwood were exported from Norway; increasing by X% compared with 2021. In general, total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. Over the period under review, the exports reached the peak figure at X cubic meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood exports stood at $X in 2022. Over the period under review, exports continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Sweden (X cubic meters) was the main destination for sawnwood exports from Norway, accounting for a X% share of total exports. Moreover, sawnwood exports to Sweden exceeded the volume sent to the second major destination, Germany (X cubic meters), twofold. The third position in this ranking was held by the UK (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the UK (X% per year).

In value terms, the largest markets for sawnwood exported from Norway were Sweden ($X), the UK ($X) and Germany ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Sweden, with a CAGR of X%, saw 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

The average sawnwood export price stood at $X per cubic meter in 2022, dropping by X% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per cubic meter, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per cubic meter), while the average price for exports to Sweden ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood Imports

Imports into Norway

In 2022, supplies from abroad of sawnwood decreased by X% to X cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a mild shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X cubic meters in 2021, and then reduced dramatically in the following year.

In value terms, sawnwood imports dropped remarkably to $X in 2022. In general, total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

In 2022, Sweden (X cubic meters) was the main supplier of sawnwood to Norway, accounting for a X% share of total imports. It was followed by Finland (X cubic meters), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Latvia (X% per year).

In value terms, Sweden ($X) constituted the largest supplier of sawnwood to Norway, comprising X% of total imports. The second position in the ranking was taken by Latvia ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average sawnwood import price amounted to $X per cubic meter, declining by X% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per cubic meter, and then dropped in the following year.

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 Latvia ($X per cubic meter), while the price for Sweden ($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 Latvia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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