Portugal: Roundwood Market 2024

Roundwood Market Size in Portugal

The Portuguese roundwood market expanded remarkably to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in years to come.

Roundwood Production in Portugal

In value terms, roundwood production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Roundwood Exports

Exports from Portugal

After three years of decline, shipments abroad of roundwood increased by X% to X cubic meters in 2022. Over the period under review, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, roundwood exports expanded significantly to $X in 2022. In general, exports, however, showed a abrupt descent. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X cubic meters) was the main destination for roundwood exports from Portugal, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at X%.

In value terms, Spain ($X) also remains the key foreign market for roundwood exports from Portugal.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain amounted to X%.

Export Prices by Country

The average roundwood export price stood at $X per cubic meter in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to X% per year.

Roundwood Imports

Imports into Portugal

For the third year in a row, Portugal recorded growth in purchases abroad of roundwood, which increased by X% to X cubic meters in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X cubic meters in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, roundwood imports soared to $X in 2022. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Spain (X cubic meters) constituted the largest supplier of roundwood to Portugal, accounting for a X% share of total imports. Moreover, roundwood imports from Spain exceeded the figures recorded by the second-largest supplier, Brazil (X cubic meters), twofold. Mozambique (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Mozambique (X% per year).

In value terms, the largest roundwood suppliers to Portugal were Spain ($X), Brazil ($X) and Mozambique ($X), together comprising X% of total imports.

In terms of the main suppliers, Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average roundwood import price amounted to $X per cubic meter, surging by X% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, roundwood import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per cubic meter), while the price for Spain ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :