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

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

The Croatian market for saw logs and veneer logs (non-coniferous) expanded modestly to $X in 2023, picking up by X% against the previous year. Over the period under review, the total consumption 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, consumption increased by X% against 2017 indices. Consumption of peaked in 2023 and is expected to retain growth in years to come.

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

In value terms, production of saw logs and veneer logs (non-coniferous) expanded modestly to $X in 2023 estimated in export price. Over the period under review, production enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Production of peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

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

Exports from Croatia

In 2023, shipments abroad of saw logs and veneer logs (non-coniferous) decreased by X% to X cubic meters, falling for the second consecutive year after three years of growth. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X cubic meters in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) shrank to $X in 2023. In general, exports, however, recorded a perceptible expansion. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2022, and then reduced in the following year.

Exports by Country

Hungary (X cubic meters), Slovenia (X cubic meters) and Italy (X cubic meters) were the main destinations of exports of saw logs and veneer logs (non-coniferous) from Croatia, together comprising X% of total exports. Austria, Bosnia and Herzegovina, Portugal, Germany, the Czech Republic and Serbia lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Slovenia ($X), Italy ($X) and Hungary ($X) constituted the largest markets for saw logs and veneer logs (non-coniferous) exported from Croatia worldwide, together accounting for X% of total exports. Austria, Portugal, Germany, the Czech Republic, Bosnia and Herzegovina and Serbia lagged somewhat behind, together accounting for a further X%.

Portugal, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, declining by X% against the previous year. Over the period under review, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per cubic meter in 2022, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per cubic meter), while the average price for exports to Hungary ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (X%), 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 Croatia

For the third year in a row, Croatia recorded growth in supplies from abroad of saw logs and veneer logs (non-coniferous), which increased by X% to X cubic meters in 2023. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2023 and are likely to see gradual growth in the immediate term.

In value terms, imports of saw logs and veneer logs (non-coniferous) skyrocketed to $X in 2023. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, Slovenia (X cubic meters) constituted the largest saw logs and veneer logs (non-coniferous) supplier to Croatia, accounting for a X% share of total imports. Moreover, imports of saw logs and veneer logs (non-coniferous) from Slovenia exceeded the figures recorded by the second-largest supplier, Hungary (X cubic meters), fourfold. Austria (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Slovenia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Austria (X% per year).

In value terms, Slovenia ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Croatia, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Slovenia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Austria (X% per year).

Import Prices by Country

The average import price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2023, picking up by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per cubic meter in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Serbia ($X per cubic meter), while the price for Slovenia ($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 Serbia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform