EU: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in the EU

The EU market for saw logs and veneer logs totaled $X in 2023, surging by X% against the previous year. The total consumption indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. The level of consumption peaked in 2023 and is expected to retain growth in the immediate term.

Production of Saw Logs And Veneer Logs in the EU

In value terms, saw logs and veneer logs production rose markedly to $X in 2023 estimated in export price. The total production indicated strong growth 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, production increased by X% against 2015 indices. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked in 2023 and is expected to retain growth in years to come.

Exports of Saw Logs And Veneer Logs

Exports in the EU

After two years of growth, overseas shipments of saw logs and veneer logs decreased by X% to X cubic meters in 2023. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at X cubic meters in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, saw logs and veneer logs exports contracted dramatically to $X in 2023. Overall, exports, however, continue to indicate temperate growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then contracted rapidly in the following year.

Exports by Country

The biggest shipments were from Belgium (X cubic meters), Germany (X cubic meters), the Czech Republic (X cubic meters), France (X cubic meters), Poland (X cubic meters), Spain (X cubic meters), Latvia (X cubic meters), the Netherlands (X cubic meters), Estonia (X cubic meters), Slovakia (X cubic meters), Finland (X cubic meters) and Sweden (X cubic meters), together recording X% of total export.

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

In value terms, the largest saw logs and veneer logs supplying countries in the European Union were Germany ($X), the Czech Republic ($X) and France ($X), with a combined X% share of total exports.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per cubic meter in 2023, approximately reflecting the previous year. Export price indicated a temperate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, saw logs and veneer logs export price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked at $X per cubic meter in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

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 Germany ($X per cubic meter), while Belgium ($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 Latvia (X%), while the other leaders experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports in the EU

In 2023, the amount of saw logs and veneer logs imported in the European Union shrank to X cubic meters, dropping by X% on 2022 figures. Overall, imports recorded a noticeable contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2019 to 2023, the growth of imports failed to regain momentum.

In value terms, saw logs and veneer logs imports reduced to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then shrank in the following year.

Imports by Country

The purchases of the twelve major importers of saw logs and veneer logs, namely Austria, Sweden, Belgium, Germany, Portugal, Finland, Spain, Poland, Italy, the Czech Republic, Ireland and Latvia, represented more than two-thirds of total import.

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

In value terms, the largest saw logs and veneer logs importing markets in the European Union were Austria ($X), Sweden ($X) and Germany ($X), together comprising X% of total imports. Portugal, Belgium, Italy, Finland, the Czech Republic, Poland, Spain, Latvia and Ireland lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Latvia, with a CAGR of X%, recorded 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

The import price in the European Union stood at $X per cubic meter in 2023, flattening at the previous year. Over the period under review, the import price continues to indicate a tangible expansion. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

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 ($X per cubic meter), while Ireland ($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 Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform