EU: Roundwood Market 2024

Roundwood Market Size in the EU

In 2023, the EU roundwood market increased by X% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2023 and is expected to retain growth in years to come.

Roundwood Production in the EU

In value terms, roundwood production dropped to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2022, and then declined modestly in the following year.

Roundwood Exports

Exports in the EU

In 2023, roundwood exports in the European Union rose sharply to X cubic meters, growing by X% on 2022 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when exports increased by X%. The volume of export peaked in 2023 and is likely to see gradual growth in the near future.

In value terms, roundwood exports amounted to $X in 2023. Total exports indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are likely to continue growth in years to come.

Exports by Country

The shipments of the four major exporters of roundwood, namely the Czech Republic, Germany, Belgium and the Netherlands, represented more than half of total export. It was distantly followed by France (X cubic meters), Poland (X cubic meters), Latvia (X cubic meters) and Ireland (X cubic meters), together creating a X% share of total exports. Sweden (X cubic meters), Estonia (X cubic meters), Spain (X cubic meters), Finland (X cubic meters) and Slovakia (X cubic meters) held a minor share of total exports.

From 2012 to 2023, the biggest increases were recorded for Ireland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

In terms of the main exporting countries, Belgium, with a CAGR of X%, 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

In 2023, the export price in the European Union amounted to $X per cubic meter, with a decrease of X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per cubic meter in 2022, and then dropped in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Latvia ($X per cubic meter), while Ireland ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced more modest paces of growth.

Roundwood Imports

Imports in the EU

In 2023, approx. X cubic meters of roundwood were imported in the European Union; with an increase of X% compared with 2022. Over the period under review, imports, however, continue to indicate a slight downturn. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at X cubic meters in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, roundwood imports declined modestly to $X in 2023. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

The purchases of the twelve major importers of roundwood, namely Austria, Sweden, Germany, Belgium, Portugal, Finland, Poland, Romania, Italy, Slovakia, Latvia and Spain, represented more than two-thirds of total import.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Latvia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Sweden ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Portugal, Belgium, Italy, Finland, Poland, Romania, Slovakia, Latvia and Spain lagged somewhat behind, together accounting for a further X%.

Latvia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per cubic meter in 2023, declining by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per cubic meter in 2022, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per cubic meter), while Belgium ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform