Slovenia: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Slovenia

After five years of growth, the Slovene sawnwood (coniferous) market decreased by -28% to $X in 2022. Overall, consumption, however, posted a perceptible increase. Over the period under review, the market hit record highs at $X in 2021, and then fell dramatically in the following year.

Sawnwood (Coniferous) Production in Slovenia

In value terms, sawnwood (coniferous) production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 29%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Sawnwood (Coniferous) Exports

Exports from Slovenia

After five years of decline, shipments abroad of sawnwood (coniferous) increased by 264% to X cubic meters in 2022. In general, exports recorded a remarkable increase. Over the period under review, the exports attained the maximum at X cubic meters in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

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

Exports by Country

Italy (X cubic meters) was the main destination for sawnwood (coniferous) exports from Slovenia, accounting for a 31% share of total exports. Moreover, sawnwood (coniferous) exports to Italy exceeded the volume sent to the second major destination, Qatar (X cubic meters), twofold. The third position in this ranking was held by Croatia (X cubic meters), with an 8.9% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at +31.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+97.9% per year) and Croatia (+13.0% per year).

In value terms, Italy ($X), Algeria ($X) and Saudi Arabia ($X) were the largest markets for sawnwood (coniferous) exported from Slovenia worldwide, together accounting for 45% of total exports. Croatia, Qatar, Somalia, Libya, Austria, Kuwait and the United Arab Emirates lagged somewhat behind, together accounting for a further 37%.

Among the main countries of destination, Kuwait, with a CAGR of +359.4%, 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

In 2022, the average sawnwood (coniferous) export price amounted to $X per cubic meter, increasing by 36% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood (coniferous) export price increased by +84.5% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per cubic meter), while the average price for exports to Qatar ($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 Saudi Arabia (+47.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports into Slovenia

Sawnwood (coniferous) imports into Slovenia surged to X cubic meters in 2022, jumping by 187% against 2021. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

Imports by Country

Austria (X cubic meters), the Czech Republic (X cubic meters) and Bosnia and Herzegovina (X cubic meters) were the main suppliers of sawnwood (coniferous) imports to Slovenia, with a combined 92% share of total imports.

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 +49.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), the Czech Republic ($X) and Bosnia and Herzegovina ($X) appeared to be the largest sawnwood (coniferous) suppliers to Slovenia, together accounting for 90% of total imports.

In terms of the main suppliers, Bosnia and Herzegovina, with a CAGR of +48.0%, saw the highest rates of growth with regard to 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

In 2022, the average sawnwood (coniferous) import price amounted to $X per cubic meter, almost unchanged from the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 37%. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Slovakia ($X per cubic meter) and Austria ($X per cubic meter), while the price for Croatia ($X per cubic meter) and Bosnia and Herzegovina ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform