Market for Saw Logs And Veneer Logs (Non-Coniferous) in Belarus
Market Overview
In 
, the Belarusian market for saw logs and veneer logs (non-coniferous) increased by % to $, rising for the fifth consecutive year after two years of decline. In general, consumption recorded a prominent increase. Consumption of peaked in and is expected to retain growth in years to come.
In value terms, production of saw logs and veneer logs (non-coniferous) expanded significantly to $ in estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the production volume increased by %. As a result, production attained the peak level of $. From 2013 to , production of growth failed to regain momentum.
, the Belarusian market for saw logs and veneer logs (non-coniferous) increased by % to $, rising for the fifth consecutive year after two years of decline. In general, consumption recorded a prominent increase. Consumption of peaked in and is expected to retain growth in years to come.In value terms, production of saw logs and veneer logs (non-coniferous) expanded significantly to $
in estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the production volume increased by %. As a result, production attained the peak level of $. From 2013 to , production of growth failed to regain momentum.Consumption
In , consumption of saw logs and veneer logs (non-coniferous) increased by % to cubic meters, rising for the fifth consecutive year after two years of decline. In general, consumption continues to indicate a buoyant increase. Consumption of peaked in and is likely to see gradual growth in years to come.
The size of the market for saw logs and veneer logs (non-coniferous) in Belarus rose slightly to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate resilient growth. Consumption of peaked in and is likely to continue growth in the near future.
, consumption of saw logs and veneer logs (non-coniferous) increased by % to cubic meters, rising for the fifth consecutive year after two years of decline. In general, consumption continues to indicate a buoyant increase. Consumption of peaked in and is likely to see gradual growth in years to come.The size of the market for saw logs and veneer logs (non-coniferous) in Belarus rose slightly to $
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate resilient growth. Consumption of peaked in and is likely to continue growth in the near future.Market Forecast
Driven by increasing demand for saw logs and veneer logs (non-coniferous) in Belarus, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to cubic meters by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to cubic meters by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of saw logs and veneer logs (non-coniferous) in Belarus were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for saw logs and veneer logs (non-coniferous). In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
Belarus remains a net importer of saw logs and veneer logs (non-coniferous); in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of cubic meters, which was equal to $.
. In , there was a significant trade deficit of cubic meters, which was equal to $.
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