Eastern Europe: Plywood Market 2024

Plywood Market Size in Eastern Europe

The East European plywood market was estimated at $X in 2023, increasing by X% against the previous year. The total consumption indicated perceptible growth 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. Over the period under review, the market attained the maximum level in 2023 and is likely to see gradual growth in the immediate term.

Plywood Production in Eastern Europe

In value terms, plywood production expanded markedly 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 most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Plywood Exports

Exports in Eastern Europe

In 2023, approx. X cubic meters of plywood were exported in Eastern Europe; increasing by X% compared with the year before. Total exports indicated a pronounced increase from 2012 to 2023: its volume 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, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The volume of export peaked at X cubic meters in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, plywood exports expanded notably to $X in 2023. Total exports indicated resilient 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, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Russia represented the major exporting country with an export of about X cubic meters, which finished at X% of total exports. Poland (X cubic meters) ranks second in terms of the total exports with a X% share, followed by Latvia (X%), Belarus (X%) and Estonia (X%). The following exporters - Ukraine (X cubic meters) and the Czech Republic (X cubic meters) - each finished at a X% share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Estonia (X%), Poland (X%), Belarus (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Ukraine (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Poland, Estonia and Belarus increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest plywood supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with a X% share of total exports. It was followed by Poland, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Latvia (X% per year) and Poland (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per cubic meter in 2023, almost unchanged from the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per cubic meter in 2022, and then shrank slightly 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 Estonia ($X per cubic meter), while Belarus ($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 Estonia (X%), while the other leaders experienced more modest paces of growth.

Plywood Imports

Imports in Eastern Europe

For the fourth consecutive year, Eastern Europe recorded growth in purchases abroad of plywood, which increased by X% to X cubic meters in 2023. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the near future.

In value terms, plywood imports fell remarkably to $X in 2023. Overall, imports continue to indicate temperate growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2022, and then declined notably in the following year.

Imports by Country

In 2023, Poland (X cubic meters) was the key importer of plywood, creating X% of total imports. Bulgaria (X cubic meters) ranks second in terms of the total imports with a X% share, followed by the Czech Republic (X%) and Hungary (X%). Romania (X cubic meters), Lithuania (X cubic meters), Slovakia (X cubic meters), Estonia (X cubic meters), Latvia (X cubic meters), Belarus (X cubic meters) and Russia (X cubic meters) followed a long way behind the leaders.

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

In value terms, Poland ($X) constitutes the largest market for imported plywood in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by Hungary, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Poland stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per cubic meter, reducing by X% against the previous year. Overall, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

Source: IndexBox Platform