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

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

The Portuguese market for saw logs and veneer logs (coniferous) reduced slightly to $X in 2021, approximately equating the previous year. Overall, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +86.6% against 2013 indices. Consumption of peaked at $X in 2020, and then declined modestly in the following year.

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

In value terms, production of saw logs and veneer logs (coniferous) fell to $X in 2021 estimated in export price. Overall, the total production indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +70.9% against 2016 indices. The growth pace was the most rapid in 2018 with an increase of 40%. Production of peaked at $X in 2020, and then dropped in the following year.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports from Portugal

In 2021, approx. X cubic meters of saw logs and veneer logs (coniferous) were exported from Portugal; picking up by 22% compared with the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 80%. Over the period under review, the exports of reached the peak figure at X cubic meters in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, exports of saw logs and veneer logs (coniferous) soared to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X cubic meters) was the main destination for exports of saw logs and veneer logs (coniferous) from Portugal, with a approx. 98% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain was relatively modest.

In value terms, Spain ($X) also remains the key foreign market for saw logs and veneer logs (coniferous) exports from Portugal.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain was relatively modest.

Export Prices by Country

The average export price for saw logs and veneer logs (coniferous) stood at $X per cubic meter in 2021, growing by 30% against the previous year. In general, export price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for saw logs and veneer logs (coniferous) increased by +140.2% against 2016 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +1.0% per year.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports into Portugal

In 2021, supplies from abroad of saw logs and veneer logs (coniferous) increased by 16% 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. The most prominent rate of growth was recorded in 2014 when imports increased by 165%. Over the period under review, imports of reached the maximum at X cubic meters in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, imports of saw logs and veneer logs (coniferous) skyrocketed to $X in 2021. In general, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 98%. Over the period under review, imports of reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Spain (X cubic meters) was the main saw logs and veneer logs (coniferous) supplier to Portugal, accounting for a 90% share of total imports. It was followed by Germany (X cubic meters), with a 2.9% share of total imports. Lithuania (X cubic meters) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +23.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+54.9% per year) and Lithuania (+22.9% per year).

In value terms, Spain ($X) constituted the largest supplier of saw logs and veneer logs (coniferous) to Portugal, comprising 74% of total imports. The second position in the ranking was taken by Germany ($X), with a 4.7% share of total imports. It was followed by France, with a 2.9% share.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+64.0% per year) and France (+1.8% 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, picking up by 7.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 33%. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per cubic meter), while the price for Lithuania ($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 France (+19.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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