Slovenia: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in Slovenia

In 2022, the Slovene coniferous roundwood market increased by 0.2% to $X, rising for the sixth consecutive year after three years of decline. Over the period under review, consumption, however, enjoyed a buoyant expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Coniferous Roundwood Production in Slovenia

In value terms, coniferous roundwood production dropped to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 31%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Coniferous Roundwood Exports

Exports from Slovenia

In 2022, overseas shipments of roundwood (coniferous) increased by 5.9% to X cubic meters for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by 73% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, coniferous roundwood exports rose notably to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 44% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X cubic meters) was the main destination for coniferous roundwood exports from Slovenia, with a 56% share of total exports. Moreover, coniferous roundwood exports to Austria exceeded the volume sent to the second major destination, Italy (X cubic meters), twofold. Croatia (X cubic meters) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria stood at -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 ($X) remains the key foreign market for roundwood (coniferous) exports from Slovenia, comprising 58% of total exports. The second position in the ranking was taken by Italy ($X), with a 19% share of total exports. It was followed by Croatia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Austria amounted to -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 coniferous roundwood export price amounted to $X per cubic meter, growing by 6.8% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 32% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: 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.

Coniferous Roundwood Imports

Imports into Slovenia

In 2022, overseas purchases of roundwood (coniferous) decreased by -8.2% to X cubic meters, falling for the second year in a row after four years of growth. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 74%. As a result, imports reached the peak of X cubic meters. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, coniferous roundwood imports shrank to $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of 77% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then reduced 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 coniferous roundwood 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) constituted the largest coniferous roundwood suppliers to Slovenia, together accounting for 89% 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, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average coniferous roundwood import price stood at $X per cubic meter in 2022, rising by 2% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 37% against the previous year. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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