Romania: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in Romania

The Romanian market for coniferous wood in the rough reached $X in 2022, growing by 3.2% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Coniferous Wood In The Rough in Romania

In value terms, coniferous wood in the rough production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 33%. Coniferous wood in the rough production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Coniferous Wood In The Rough

Exports from Romania

In 2016, overseas shipments of coniferous wood in the rough decreased by -62.2% to X cubic meters, falling for the third consecutive year after two years of growth. Over the period under review, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2013 when exports increased by 130% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2014 to 2016, the growth of the exports failed to regain momentum.

In value terms, coniferous wood in the rough exports fell rapidly to $X in 2016. In general, exports faced a dramatic contraction. The growth pace was the most rapid in 2013 with an increase of 143% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X cubic meters) was the main destination for coniferous wood in the rough exports from Romania, accounting for a 78% share of total exports. Moreover, coniferous wood in the rough exports to China exceeded the volume sent to the second major destination, Oman (X cubic meters), more than tenfold. Turkey (X cubic meters) ranked third in terms of total exports with a 3.8% share.

From 2012 to 2016, the average annual rate of growth in terms of volume to China totaled -34.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+206.5% per year) and Turkey (-41.7% per year).

In value terms, China ($X) remains the key foreign market for coniferous wood in the rough exports from Romania, comprising 66% of total exports. The second position in the ranking was taken by Oman ($X), with a 14% share of total exports. It was followed by Denmark, with a 5.5% share.

From 2012 to 2016, the average annual rate of growth in terms of value to China stood at -37.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+181.4% per year) and Denmark (+95.9% per year).

Export Prices by Country

In 2016, the average export price for coniferous wood in the rough amounted to $X per cubic meter, picking up by 6.4% against the previous year. Over the period from 2012 to 2016, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 10% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2015 to 2016, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per cubic meter), while the average price for exports to Turkey ($X per cubic meter) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coniferous Wood In The Rough

Imports into Romania

After four years of growth, overseas purchases of coniferous wood in the rough decreased by -4.4% to X cubic meters in 2016. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 90% against the previous year. As a result, imports attained the peak of X cubic meters, and then dropped in the following year.

In value terms, coniferous wood in the rough imports expanded modestly to $X in 2016. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2014 when imports increased by 42% against the previous year. Imports peaked in 2016 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2016, Ukraine (X cubic meters) constituted the largest coniferous wood in the rough supplier to Romania, with a 77% share of total imports. Moreover, coniferous wood in the rough imports from Ukraine exceeded the figures recorded by the second-largest supplier, Belarus (X cubic meters), fourfold.

From 2012 to 2016, the average annual growth rate of volume from Ukraine amounted to +21.0%.

In value terms, Ukraine ($X) constituted the largest supplier of coniferous wood in the rough to Romania, comprising 66% of total imports. The second position in the ranking was taken by Belarus ($X), with a 25% share of total imports.

From 2012 to 2016, the average annual growth rate of value from Ukraine amounted to +8.8%.

Import Prices by Country

The average import price for coniferous wood in the rough stood at $X per cubic meter in 2016, with an increase of 8.1% against the previous year. Overall, the import price, however, saw a deep slump. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2016, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Belarus ($X per cubic meter), while the price for Ukraine totaled $X per cubic meter.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Belarus (+3.2%).

Source: IndexBox Platform

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