Overview of the Market for Saw Logs And Veneer Logs (Non-Coniferous) in Lithuania
In value terms, production of saw logs and veneer logs (non-coniferous) soared to $ in 2019 estimated in export prices. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in 2008; however, from 2009 to 2019, production remained at a lower figure.
The value of the market for saw logs and veneer logs (non-coniferous) in Lithuania soared to $ in 2019, picking up 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 showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of % y-o-y. Over the period under review, the market reached the maximum level in 2019 and is likely to see steady growth in the near future.