Updated Mar 20, 2023 02:47

Sawnwood (Coniferous) Market in Germany

Market Overview
The German sawnwood (coniferous) market declined to $ in , waning 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). Over the period under review, consumption continues to indicate a mild shrinkage. Over the period under review, the market hit record highs at $ in 2007; however, from 2008 to , consumption failed to regain momentum.

In value terms, sawnwood (coniferous) production totaled $ in estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in when the production volume increased by % against the previous year. Sawnwood (coniferous) production peaked at $ in 2007; however, from 2008 to , production failed to regain momentum.


Consumption
In , approx. cubic meters of sawnwood (coniferous) were consumed in Germany; declining by -% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Sawnwood (coniferous) consumption peaked at cubic meters in ; however, from to , consumption failed to regain momentum.

The revenue of the sawnwood (coniferous) market in Germany reduced to $ in , with a decrease of -% 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). In general, consumption continues to indicate a mild shrinkage. Sawnwood (coniferous) consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.


Market Forecast
Driven by rising demand for sawnwood (coniferous) in Germany, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, 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 .


Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. 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.


Trade Balance
Germany remains a net exporter of sawnwood (coniferous); in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of cubic meters, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.