Spain: Industrial Roundwood (Coniferous) Market 2025

Industrial Roundwood (Coniferous) Market Size in Spain

The Spanish industrial roundwood (coniferous) market declined modestly to $X in 2022, falling by -2% against the previous year. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -21.0% against 2018 indices. Industrial roundwood (coniferous) consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Industrial Roundwood (Coniferous) Production in Spain

In value terms, industrial roundwood (coniferous) production reduced slightly to $X in 2022 estimated in export price. Overall, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 33%. 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 Spain

In 2022, overseas shipments of industrial roundwood (coniferous) increased by 2.4% to X cubic meters, rising for the fourth consecutive year after four years of decline. In general, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.6% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of 53%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, industrial roundwood (coniferous) exports surged to $X in 2022. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 77%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Portugal (X cubic meters), France (X cubic meters) and Belgium (X cubic meters) were the main destinations of industrial roundwood (coniferous) exports from Spain, with a combined 100% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +78.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial roundwood (coniferous) exported from Spain were Portugal ($X), France ($X) and Belgium ($X), together comprising 99% of total exports.

In terms of the main countries of destination, Belgium, with a CAGR of +71.6%, saw the highest rates of growth with regard to 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 industrial roundwood (coniferous) export price stood at $X per cubic meter in 2022, surging by 15% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2018 when the average export price increased by 16% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per cubic meter), while the average price for exports to Portugal ($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 France (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.

Industrial Roundwood (Coniferous) Imports

Imports into Spain

In 2022, purchases abroad of industrial roundwood (coniferous) increased by 0.3% to X cubic meters, rising for the second year in a row after three years of decline. Over the period under review, imports, however, continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Over the period under review, imports attained the peak figure at X cubic meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, industrial roundwood (coniferous) imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X cubic meters) was the main industrial roundwood (coniferous) supplier to Spain, with a 92% share of total imports. Moreover, industrial roundwood (coniferous) imports from France exceeded the figures recorded by the second-largest supplier, Portugal (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at -2.1%.

In value terms, France ($X) constituted the largest supplier of industrial roundwood (coniferous) to Spain, comprising 81% of total imports. The second position in the ranking was taken by Portugal ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value from France stood at +3.0%.

Import Prices by Country

In 2022, the average industrial roundwood (coniferous) import price amounted to $X per cubic meter, growing by 3.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2014 an increase of 26%. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Portugal ($X per cubic meter), while the price for France stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+8.3%).

Source: IndexBox Platform

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