Sawn Wood Market - Belgium Is the Global Leading Sawnwood Exporter

Industrial Wood November 09, 2015
Author: Olga Minchina
Account Manager

sawn wood market

Belgium dominates in the global sawnwood trade. In 2014, Belgium exported 23.2 thousand tonnes of sawnwood totaling 43.7 million USD, 4% over the previous year. Its primary trading partner was the Netherlands, where it supplied 43.3 % of its total exports on the sawn wood market in value terms, accounting for 55.0% of the Netherlands total imports.

Overall, the global sawnwood trade reached to 216 million USD, with a CAGR of 17.7% from 2007 to 2014. In physical terms, it showed steady growth, rising from 20 thousand tonnes in 2007 to 320 thousand tonnes in 2014.

In 2014, China (12.4%), the United Kingdom (19.7%), Belgium (11.9%), the U.S. (9.8%) and the Netherlands (10.1%) were the leading destinations of sawnwood imports, together making up 63.8 % of global imports. The share of the United Kingdom increased significantly (+20 percentage points), while the share of the U.S. illustrated negative dynamics (-4 percentage points).

Belgium and Germany were among the other main global suppliers of sawnwood in 2014 with a combined share of 28.0 % of global exports. However, the fastest growing exporters from 2007 to 2014 were the Netherlands (+30.7% per year) and the U.S. (+12.1% per year). Germany significantly dropped its position in the global export structure, from 33% in 2007 to 8% in 2014.

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Source: World: Sawn wood - Market Report. Analysis And Forecast To 2020