In 2024, Romania`s forestry sector recorded significant developments in terms of wood imports and exports, influenced by both domestic and international market dynamics.

Imports and Exports. According to data from the National Institute of Statistics (INS), in the first nine months of 2024, Romania`s exports decreased by 1.2%, totaling €77.731 billion, while imports increased by 3%, reaching €104.943 billion. These changes led to a trade deficit of €27.212 billion, up by 17.2% compared to the same period of the previous year. Although specific data for the wood sector is not detailed in these statistics, it is clear that the forestry industry significantly contributes to the country`s trade balance.

Prices and Quantities. In the autumn of 2024, firewood prices increased compared to the previous year. The average price of firewood reached 335 RON/m³, compared to 290 RON/m³ in 2023. The National Forest Administration – Romsilva announced that it has a stock of 500,000 cubic meters of firewood, and in the first part of 2024, it had already sold 1.1 million cubic meters. However, demand from the population slightly declined compared to previous years, indicating that more Romanians are facing financial difficulties in purchasing firewood.

Future Outlook. For 2025, a continued increase in prices is expected, driven by factors such as domestic and international demand, as well as regulations on forest exploitation. Professionals in the wood industry are encouraged to closely monitor these trends to adapt their business strategies accordingly. For detailed and up-to-date information on the wood market, including statistics, prices, and business opportunities, WoodBusinessPortal.com is a valuable resource for industry professionals.

In conclusion, 2024 brought notable changes in Romania`s wood import and export sector. A careful analysis of these developments and strategic planning will be essential for long-term success in this industry.

Surse:
1. romanialibera.ro
2. bugetul.ro
3. financiarul.ro