Russian Federation: Chipped Coniferous Wood Market 2020

Chipped Coniferous Wood Market Size in the Russian Federation

The revenue of the chipped coniferous wood market in Russia amounted to $X in 2018, rising by X% against the previous year. Overall, chipped coniferous wood consumption continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, the chipped coniferous wood market attained its peak level of $X. From 2009 to 2018, the growth of the chipped coniferous wood market failed to regain its momentum.

Chipped Coniferous Wood Production in the Russian Federation

In value terms, chipped coniferous wood production totaled $X in 2018 estimated in export prices. Overall, chipped coniferous wood production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when production volume increased by X% year-to-year. In that year, chipped coniferous wood production attained its peak level of $X. From 2009 to 2018, chipped coniferous wood production growth failed to regain its momentum.

Chipped Coniferous Wood Exports

Exports from the Russian Federation

In 2018, the amount of coniferous wood in chips or particles exported from Russia stood at X tons, growing by X% against the previous year. Overall, the total exports indicated a strong expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chipped coniferous wood exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Exports peaked at X tons in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, chipped coniferous wood exports stood at $X in 2018. In general, the total exports indicated a prominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, chipped coniferous wood exports attained their maximum at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

Finland (X tons) was the main destination for chipped coniferous wood exports from Russia, with a X% share of total exports. Moreover, chipped coniferous wood exports to Finland exceeded the volume sent to the second major destination, Japan (X tons), more than tenfold. The third position in this ranking was occupied by China (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Finland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and China (+X% per year).

In value terms, Finland ($X) remains the key foreign market for chipped coniferous wood exports from Russia, comprising X% of total chipped coniferous wood exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Finland stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Sweden (+X% per year).

Export Prices by Country

In 2018, the average chipped coniferous wood export price amounted to $X per ton, growing by X% against the previous year. In general, the chipped coniferous wood export price, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for coniferous wood in chips or particles attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for coniferous wood in chips or particles remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2018, the highest prices were recorded for prices to Sweden ($X per ton) and Finland ($X per ton), while the average price for exports to China ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced a decline.

Chipped Coniferous Wood Imports

Imports into the Russian Federation

In 2018, the amount of coniferous wood in chips or particles imported into Russia stood at X tons, coming down by -X% against the previous year. In general, chipped coniferous wood imports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. In that year, chipped coniferous wood imports attained their peak of X tons, and then declined slightly in the following year.

In value terms, chipped coniferous wood imports amounted to $X in 2018. Over the period under review, chipped coniferous wood imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Over the period under review, chipped coniferous wood imports attained their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, New Zealand (X tons) constituted the largest chipped coniferous wood supplier to Russia, with a X% share of total imports. Moreover, chipped coniferous wood imports from New Zealand exceeded the figures recorded by the second-largest supplier, Belarus (X tons), twofold. The third position in this ranking was occupied by Finland (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from New Zealand totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (-X% per year) and Finland (+X% per year).

In value terms, the largest chipped coniferous wood suppliers to Russia were Germany ($X), Denmark ($X) and Finland ($X), with a combined X% share of total imports.

In terms of the main suppliers, Finland (+X% per year) experienced the highest growth rate of market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chipped coniferous wood import price stood at $X per ton in 2018, going up by X% against the previous year. Overall, the chipped coniferous wood import price, however, continues to indicate an abrupt contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform