Portugal: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in Portugal

The Portuguese market for coniferous wood in the rough dropped to $X in 2022, waning by -8.1% against the previous year. Overall, consumption showed a perceptible shrinkage. Coniferous wood in the rough consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Coniferous Wood In The Rough in Portugal

In value terms, coniferous wood in the rough production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when the production volume increased by 32% against the previous year. Over the period under review, coniferous wood in rough production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Coniferous Wood In The Rough

Exports from Portugal

In 2016, exports of coniferous wood in the rough from Portugal surged to X cubic meters, picking up by 20% against the year before. Over the period under review, total exports indicated a significant expansion from 2012 to 2016: its volume increased at an average annual rate of +21.0% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, exports increased by +114.1% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of 71% against the previous year. The exports peaked in 2016 and are likely to see steady growth in the immediate term.

In value terms, coniferous wood in the rough exports dropped sharply to $X in 2016. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 23% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2016, the exports remained at a lower figure.

Exports by Country

Spain (X cubic meters) was the main destination for coniferous wood in the rough exports from Portugal, with a approx. 100% share of total exports.

From 2012 to 2016, the average annual growth rate of volume to Spain amounted to +21.4%.

In value terms, Spain ($X) also remains the key foreign market for coniferous wood in the rough exports from Portugal.

From 2012 to 2016, the average annual growth rate of value to Spain totaled +1.3%.

Export Prices by Country

In 2016, the average export price for coniferous wood in the rough amounted to $X per cubic meter, falling by -37.6% against the previous year. In general, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2014 an increase of 12%. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2012; however, from 2013 to 2016, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2016, the rate of growth in terms of prices for Spain amounted to -16.5% per year.

Imports of Coniferous Wood In The Rough

Imports into Portugal

In 2016, purchases abroad of coniferous wood in the rough decreased by -44.9% to X cubic meters for the first time since 2011, thus ending a four-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 214%. Over the period under review, coniferous wood in rough imports hit record highs at X cubic meters in 2015, and then plummeted in the following year.

In value terms, coniferous wood in the rough imports reduced remarkably to $X in 2016. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 98% against the previous year. Over the period under review, coniferous wood in rough imports attained the peak figure at $X in 2015, and then shrank rapidly in the following year.

Imports by Country

In 2016, Spain (X cubic meters) was the main supplier of coniferous wood in the rough to Portugal, accounting for a 91% share of total imports. Moreover, coniferous wood in the rough imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), more than tenfold. Sweden (X cubic meters) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2016, the average annual growth rate of volume from Spain totaled +52.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+264.1% per year) and Sweden (+19.0% per year).

In value terms, Spain ($X) constituted the largest supplier of coniferous wood in the rough to Portugal, comprising 77% of total imports. The second position in the ranking was held by Germany ($X), with an 8.7% share of total imports. It was followed by Sweden, with a 6.4% share.

From 2012 to 2016, the average annual growth rate of value from Spain amounted to +31.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+187.0% per year) and Sweden (-9.6% per year).

Import Prices by Country

In 2016, the average import price for coniferous wood in the rough amounted to $X per cubic meter, surging by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a deep reduction. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2016, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Sweden ($X per cubic meter), while the price for Spain ($X per cubic meter) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by France (+21.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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