Slovenia: Industrial Roundwood (Coniferous) Market 2024

Industrial Roundwood (Coniferous) Market Size in Slovenia

In 2022, after five years of growth, there was decline in the Slovene industrial roundwood (coniferous) market, when its value decreased by -0.2% to $X. Overall, consumption, however, continues to indicate a resilient expansion. Industrial roundwood (coniferous) consumption peaked at $X in 2021, and then declined modestly in the following year.

Industrial Roundwood (Coniferous) Production in Slovenia

In value terms, industrial roundwood (coniferous) production declined to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 29%. Industrial roundwood (coniferous) production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Industrial Roundwood (Coniferous) Exports

Exports from Slovenia

In 2022, after five years of decline, there was significant growth in shipments abroad of industrial roundwood (coniferous), when their volume increased by 5.9% to X cubic meters. Over the period under review, exports, however, continue to indicate a slight descent. The pace of growth appeared the most rapid in 2014 with an increase of 73%. Over the period under review, the exports reached the maximum at X cubic meters in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood (coniferous) exports rose markedly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 44%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Austria (X cubic meters) was the main destination for industrial roundwood (coniferous) exports from Slovenia, accounting for a 56% share of total exports. Moreover, industrial roundwood (coniferous) exports to Austria exceeded the volume sent to the second major destination, Italy (X cubic meters), twofold. The third position in this ranking was held by Croatia (X cubic meters), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Austria amounted to -5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+5.2% per year) and Croatia (+65.9% per year).

In value terms, Austria ($X) remains the key foreign market for industrial roundwood (coniferous) exports from Slovenia, comprising 58% of total exports. The second position in the ranking was held by Italy ($X), with a 19% share of total exports. It was followed by Croatia, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Austria stood at -5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+8.0% per year) and Croatia (+63.5% per year).

Export Prices by Country

In 2022, the average industrial roundwood (coniferous) export price amounted to $X per cubic meter, picking up by 6.8% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 32%. The export price peaked at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to Italy ($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 Bosnia and Herzegovina (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Roundwood (Coniferous) Imports

Imports into Slovenia

In 2022, supplies from abroad of industrial roundwood (coniferous) decreased by -8.2% to X cubic meters, falling for the second consecutive year after four years of growth. Over the period under review, imports, however, saw strong growth. The growth pace was the most rapid in 2020 when imports increased by 74% against the previous year. As a result, imports attained the peak of X cubic meters. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, industrial roundwood (coniferous) imports shrank to $X in 2022. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 77%. Over the period under review, imports attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

Austria (X cubic meters), Italy (X cubic meters) and Germany (X cubic meters) were the main suppliers of industrial roundwood (coniferous) imports to Slovenia, with a combined 91% share of total imports. Croatia, the Czech Republic, Hungary and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 7.9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +100.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Italy ($X) and Germany ($X) were the largest industrial roundwood (coniferous) suppliers to Slovenia, with a combined 89% share of total imports. Croatia, the Czech Republic, Hungary and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 8.3%.

The Czech Republic, with a CAGR of +135.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average industrial roundwood (coniferous) import price amounted to $X per cubic meter, increasing by 2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 37% against the previous year. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per cubic meter), while the price for Hungary ($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 the Czech Republic (+17.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform