United Kingdom: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in the UK

The UK market for saw logs and veneer logs (non-coniferous) shrank sharply to $X in 2022, falling by -38.3% against the previous year. Over the period under review, consumption recorded a slight slump. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in the UK

In value terms, production of saw logs and veneer logs (non-coniferous) shrank slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 13%. Production of peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from the UK

For the third consecutive year, the UK recorded decline in overseas shipments of saw logs and veneer logs (non-coniferous), which decreased by -1.2% to X cubic meters in 2022. Over the period under review, exports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by 169%. The exports peaked at X cubic meters in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) reduced remarkably to $X in 2022. Overall, exports, however, posted a temperate increase. The growth pace was the most rapid in 2014 with an increase of 63%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from the UK, accounting for a 85% share of total exports. Moreover, exports of saw logs and veneer logs (non-coniferous) to Vietnam exceeded the volume sent to the second major destination, China (X cubic meters), more than tenfold. The third position in this ranking was taken by the Netherlands (X cubic meters), with a 2.5% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam stood at +30.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-28.4% per year) and the Netherlands (+63.7% per year).

In value terms, Vietnam ($X) emerged as the key foreign market for saw logs and veneer logs (non-coniferous) exports from the UK, comprising 55% of total exports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total exports. It was followed by France, with a 3.2% share.

From 2012 to 2022, the average annual growth rate of value to Vietnam stood at +19.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+99.7% per year) and France (+28.0% per year).

Export Prices by Country

In 2022, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, shrinking by -17.6% against the previous year. Over the period under review, the export price saw a deep slump. The growth pace was the most rapid in 2016 an increase of 50%. 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per cubic meter), while the average price for exports to China ($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 Singapore (+197.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into the UK

In 2022, approx. X cubic meters of saw logs and veneer logs (non-coniferous) were imported into the UK; waning by -60.1% against the year before. Over the period under review, imports saw a mild reduction. The pace of growth appeared the most rapid in 2018 when imports increased by 124%. Imports peaked at X cubic meters in 2021, and then fell significantly in the following year.

In value terms, imports of saw logs and veneer logs (non-coniferous) declined dramatically to $X in 2022. In general, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2016 with an increase of 33%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X cubic meters) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to the UK, accounting for a 39% share of total imports. Moreover, imports of saw logs and veneer logs (non-coniferous) from France exceeded the figures recorded by the second-largest supplier, Estonia (X cubic meters), threefold. Russia (X cubic meters) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+16.3% per year) and Russia (+44.3% per year).

In value terms, France ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to the UK, comprising 36% of total imports. The second position in the ranking was taken by Belgium ($X), with a 10% share of total imports. It was followed by Russia, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+0.4% per year) and Russia (+26.5% per year).

Import Prices by Country

In 2022, the average import price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, growing by 54% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. Over the period under review, average import prices hit record highs at $X per cubic meter in 2012; however, from 2013 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 Netherlands ($X per cubic meter), while the price for Estonia ($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 Belgium (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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