Romania: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Romania

In 2022, after two years of growth, there was significant decline in the Romanian sawnwood (coniferous) market, when its value decreased by -59.1% to $X. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

Sawnwood (Coniferous) Production in Romania

In value terms, sawnwood (coniferous) production fell significantly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. As a result, production attained the peak level of $X, and then fell remarkably in the following year.

Sawnwood (Coniferous) Exports

Exports from Romania

In 2022, approx. X cubic meters of sawnwood (coniferous) were exported from Romania; rising by 8,760% compared with the previous year's figure. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sawnwood (coniferous) exports surged to $X in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Japan (X cubic meters), the United Arab Emirates (X cubic meters) and the United States (X cubic meters) were the main destinations of sawnwood (coniferous) exports from Romania, with a combined 53% share of total exports. Saudi Arabia, Lebanon, China, Kuwait, Pakistan, Hungary, Italy, Egypt, Turkey and Austria lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +135.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sawnwood (coniferous) exported from Romania were the United States ($X), Japan ($X) and Saudi Arabia ($X), together accounting for 50% of total exports. The United Arab Emirates, Lebanon, Italy, China, Hungary, Kuwait, Egypt, Pakistan, Turkey and Austria lagged somewhat behind, together comprising a further 33%.

Pakistan, with a CAGR of +145.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sawnwood (coniferous) export price amounted to $X per cubic meter, jumping by 17% against the previous year. Overall, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 42% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per cubic meter), while the average price for exports to the United Arab Emirates ($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 Italy (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports into Romania

In 2022, after two years of growth, there was significant decline in purchases abroad of sawnwood (coniferous), when their volume decreased by -67.4% to X cubic meters. Over the period under review, imports, however, showed a noticeable increase. The pace of growth appeared the most rapid in 2015 when imports increased by 89% against the previous year. Imports peaked at X cubic meters in 2021, and then declined dramatically in the following year.

In value terms, sawnwood (coniferous) imports shrank dramatically to $X in 2022. In general, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 134%. As a result, imports attained the peak of $X, and then dropped markedly in the following year.

Imports by Country

Ukraine (X cubic meters), Austria (X cubic meters) and Germany (X cubic meters) were the main suppliers of sawnwood (coniferous) imports to Romania, with a combined 79% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +13.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Austria ($X) and Germany ($X) appeared to be the largest sawnwood (coniferous) suppliers to Romania, together comprising 79% of total imports.

Among the main suppliers, Ukraine, with a CAGR of +20.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sawnwood (coniferous) import price stood at $X per cubic meter in 2022, surging by 23% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood (coniferous) import price increased by +71.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per cubic meter), while the price for Belarus ($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 Slovakia (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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