Slovakia: Market for Saw Logs And Veneer Logs (Coniferous) 2024

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

In 2021, after two years of decline, there was significant growth in the Slovak market for saw logs and veneer logs (coniferous), when its value increased by 39% to $X. Over the period under review, consumption posted buoyant growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

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

In value terms, production of saw logs and veneer logs (coniferous) expanded sharply to $X in 2021 estimated in export price. Over the period under review, production, however, saw a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 25%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports from Slovakia

For the third year in a row, Slovakia recorded decline in shipments abroad of saw logs and veneer logs (coniferous), which decreased by -11.9% to X cubic meters in 2021. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 36%. Over the period under review, the exports of hit record highs at X cubic meters in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of saw logs and veneer logs (coniferous) reached $X in 2021. Over the period under review, exports saw a pronounced downturn. The pace of growth appeared the most rapid in 2018 with an increase of 18% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X cubic meters), China (X cubic meters) and Romania (X cubic meters) were the main destinations of exports of saw logs and veneer logs (coniferous) from Slovakia, together comprising 62% of total exports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +302.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for saw logs and veneer logs (coniferous) exported from Slovakia were China ($X), the Czech Republic ($X) and Hungary ($X), together accounting for 70% of total exports.

In terms of the main countries of destination, China, with a CAGR of +233.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for saw logs and veneer logs (coniferous) stood at $X per cubic meter in 2021, picking up by 19% against the previous year. Over the period under review, the export price, however, saw a perceptible descent. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was China ($X per cubic meter), while the average price for exports to Austria ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-2.3%), while the prices for the other major destinations experienced a decline.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports into Slovakia

In 2021, overseas purchases of saw logs and veneer logs (coniferous) increased by 36% to X cubic meters, rising for the sixth year in a row after two years of decline. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 276% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imports of saw logs and veneer logs (coniferous) skyrocketed to $X in 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 when imports increased by 173% against the previous year. Over the period under review, imports of attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, the Czech Republic (X cubic meters) constituted the largest supplier of saw logs and veneer logs (coniferous) to Slovakia, with a 87% share of total imports. Moreover, imports of saw logs and veneer logs (coniferous) from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), tenfold.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic totaled +115.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+111.9% per year) and Poland (+12.1% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of saw logs and veneer logs (coniferous) to Slovakia, comprising 74% of total imports. The second position in the ranking was taken by Germany ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic totaled +106.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+85.2% per year) and Poland (+20.7% 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, jumping by 51% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. 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 stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per cubic meter), while the price for Poland ($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 Poland (+7.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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