Sawnwood (Non-Coniferous) Market in Belgium
Market Overview
In 
, the Belgian sawnwood (non-coniferous) market decreased by -% to $, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $. From to , the growth of the market remained at a lower figure.
In value terms, sawnwood (non-coniferous) production shrank to $ in estimated in export price. Over the period under review, production saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the production volume increased by %. Over the period under review, production attained the peak level at $ in 2007; however, from 2008 to , production remained at a lower figure.
, the Belgian sawnwood (non-coniferous) market decreased by -% to $, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $. From to , the growth of the market remained at a lower figure.In value terms, sawnwood (non-coniferous) production shrank to $
in estimated in export price. Over the period under review, production saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the production volume increased by %. Over the period under review, production attained the peak level at $ in 2007; however, from 2008 to , production remained at a lower figure.Consumption
In , after three years of growth, there was decline in consumption of sawnwood (non-coniferous), when its volume decreased by -% to cubic meters. In general, consumption, however, enjoyed a strong increase. Over the period under review, consumption reached the peak volume at cubic meters in , and then declined slightly in the following year.
The size of the sawnwood (non-coniferous) market in Belgium reduced to $ in , approximately reflecting 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). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $. From to , the growth of the market remained at a somewhat lower figure.
, after three years of growth, there was decline in consumption of sawnwood (non-coniferous), when its volume decreased by -% to cubic meters. In general, consumption, however, enjoyed a strong increase. Over the period under review, consumption reached the peak volume at cubic meters in , and then declined slightly in the following year.The size of the sawnwood (non-coniferous) market in Belgium reduced to $
in , approximately reflecting 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). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $. From to , the growth of the market remained at a somewhat lower figure.Market Forecast
Driven by increasing demand for sawnwood (non-coniferous) in Belgium, the market is expected to continue an upward consumption trend over the next eight years. 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
Sawnwood (non-coniferous) market in Belgium consists almost entirely of imported products. 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.
, 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.Trade Balance
Belgium remains a net importer of sawnwood (non-coniferous); in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of cubic meters, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade deficit of cubic meters, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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