Scandinavia: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Scandinavia

The Scandinavia market for saw logs and veneer logs totaled $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Saw Logs And Veneer Logs in Scandinavia

In value terms, saw logs and veneer logs production expanded rapidly to $X in 2023 estimated in export price. Over the period under review, production enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Saw Logs And Veneer Logs

Exports in Scandinavia

After two years of growth, overseas shipments of saw logs and veneer logs decreased by X% to X cubic meters in 2023. Total exports indicated a prominent increase from 2012 to 2023: its volume 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 pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at X cubic meters in 2022, and then contracted in the following year.

In value terms, saw logs and veneer logs exports dropped to $X in 2023. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2022, and then contracted in the following year.

Exports by Country

Norway was the key exporter of saw logs and veneer logs in Scandinavia, with the volume of exports amounting to X cubic meters, which was approx. X% of total exports in 2023. Finland (X cubic meters) held the second position in the ranking, followed by Sweden (X cubic meters). All these countries together held approx. X% share of total exports.

Norway was also the fastest-growing in terms of the saw logs and veneer logs exports, with a CAGR of X% from 2012 to 2023. At the same time, Finland (X%) displayed positive paces of growth. Sweden experienced a relatively flat trend pattern. While the share of Norway (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Finland (X p.p.) and Sweden (X p.p.) displayed negative dynamics.

In value terms, the largest saw logs and veneer logs supplying countries in Scandinavia were Norway ($X), Finland ($X) and Sweden ($X).

Norway, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2023, the export price in Scandinavia amounted to $X per cubic meter, increasing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2023 and is expected to retain growth in the immediate term.

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 Sweden ($X per cubic meter), while Norway ($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 Sweden (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Saw Logs And Veneer Logs

Imports in Scandinavia

In 2023, after four years of decline, there was growth in overseas purchases of saw logs and veneer logs, when their volume increased by X% to X cubic meters. Overall, imports, however, recorded a deep reduction. The growth pace was the most rapid in 2018 when imports increased by X%. 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 reached $X in 2023. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Sweden (X cubic meters) represented the main importer of saw logs and veneer logs, comprising X% of total imports. It was distantly followed by Finland (X cubic meters), creating a X% share of total imports. Norway (X cubic meters) took a relatively small share of total imports.

Sweden was also the fastest-growing in terms of the saw logs and veneer logs imports, with a CAGR of X% from 2012 to 2023. Finland (X%) and Norway (X%) illustrated a downward trend over the same period. Sweden (X p.p.) significantly strengthened its position in terms of the total imports, while Norway and Finland saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported saw logs and veneer logs in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in Scandinavia stood at $X per cubic meter in 2023, picking up by X% against the previous year. In general, the import price showed a buoyant increase. The growth pace was the most rapid in 2022 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per cubic meter), while Norway ($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 Sweden (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform