Eastern Europe: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2024

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Eastern Europe

In 2023, the East European market for saw logs and veneer logs (non-coniferous) decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Overall, consumption recorded a drastic downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Eastern Europe

In value terms, production of saw logs and veneer logs (non-coniferous) stood at $X in 2023 estimated in export price. In general, production, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

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

Exports in Eastern Europe

In 2023, the amount of saw logs and veneer logs (non-coniferous) exported in Eastern Europe surged to X cubic meters, picking up by X% on the previous year's figure. Overall, exports, however, continue to indicate a mild slump. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at X cubic meters in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) reached $X in 2023. In general, exports showed a slight increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

In 2023, Russia (X cubic meters) represented the main exporter of saw logs and veneer logs (non-coniferous), generating X% of total exports. Latvia (X cubic meters) ranks second in terms of the total exports with a X% share, followed by Estonia (X%) and Slovakia (X%). The following exporters - Hungary (X cubic meters), Poland (X cubic meters) and the Czech Republic (X cubic meters) - together made up X% of total exports.

Russia was also the fastest-growing in terms of the saw logs and veneer logs (non-coniferous) exports, with a CAGR of X% from 2012 to 2023. The Czech Republic and Slovakia experienced a relatively flat trend pattern. Estonia (X%), Latvia (X%), Hungary (X%) and Poland (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Russia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest saw logs and veneer logs (non-coniferous) supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with a X% share of total exports. It was followed by Estonia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Latvia (X% per year) and Estonia (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per cubic meter, declining by X% against the previous year. Export price indicated moderate growth 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, export price for saw logs and veneer logs (non-coniferous) increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter, and then reduced 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 Poland ($X per cubic meter), while Russia ($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 (Non-Coniferous)

Imports in Eastern Europe

In 2023, the amount of saw logs and veneer logs (non-coniferous) imported in Eastern Europe contracted dramatically to X cubic meters, waning by X% against 2022. In general, imports recorded a deep setback. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at X cubic meters in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) dropped remarkably to $X in 2023. Over the period under review, imports, however, posted a modest expansion. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

In 2023, Poland (X cubic meters) and Slovakia (X cubic meters) represented the major importers of saw logs and veneer logs (non-coniferous) in Eastern Europe, together amounting to approx. X% of total imports. Belarus (X cubic meters) ranks next in terms of the total imports with an X% share, followed by Estonia (X%), the Czech Republic (X%), Hungary (X%) and Lithuania (X%).

From 2012 to 2023, the biggest increases were recorded for Belarus (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest saw logs and veneer logs (non-coniferous) importing markets in Eastern Europe were Poland ($X), Slovakia ($X) and the Czech Republic ($X), with a combined X% share of total imports. Estonia, Hungary, Lithuania and Belarus lagged somewhat behind, together accounting for a further X%.

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to 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 Eastern Europe stood at $X per cubic meter in 2023, rising by X% against the previous year. Overall, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked in 2023 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per cubic meter), while Belarus ($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