The European Union`s sawnwood market experienced notable shifts in 2024, influenced by economic factors, trade dynamics, and evolving industry trends. This report provides an in-depth analysis of market statistics, pricing, import-export activities, and future projections, offering valuable insights for professionals in the wood industry.
In 2024, the EU sawnwood market was valued at approximately $28.3 billion, marking a 6.5% increase from the previous year. This growth reversed a two-year declining trend, with the market`s value growing at an average annual rate of 3.6% over the past twelve years.

The EU`s production of coniferous sawnwood remained robust, with exports reaching 51 million cubic meters in 2024. However, this represented a 22% decrease compared to the previous year, indicating potential challenges in external demand or increased competition in global markets. Imports of sawnwood into the EU decreased by 18.5% in 2024, totaling 48 million cubic meters. Despite this decline, the overall trend from 2013 to 2024 showed moderate growth, with import volumes increasing at an average annual rate of 2.7%.
Notably, Spain emerged as the leading importer, accounting for 25.71% of the total imported volume, followed by the Netherlands (18.08%) and Czechia (10.87%).

The export price for coniferous sawnwood in the EU stood at $240 per cubic meter in 2024, reflecting a 16% increase from the previous year. This uptick suggests a tightening supply or increased production costs. Conversely, import prices remained relatively stable at $150 per cubic meter, although they experienced fluctuations in preceding years.

The EU economy is projected to grow by 1.0% in 2024 and 1.6% in 2025, providing a favorable environment for the sawnwood market. Forecasts indicate modest growth in the sawnwood sector, with a compound annual growth rate (CAGR) of 0.7% in volume and 1.3% in value from 2024 to 2035. Additionally, the global sawnwood market is expected to reach $762.93 million in 2025, growing at a CAGR of 0.74% to $791.58 million by 2030.
The EU initiated an anti-dumping investigation into low-cost hardwood plywood imports from China, reflecting ongoing trade disputes and concerns over unfair pricing practices. This investigation underscores the need for vigilance among EU sawnwood producers regarding international competition and market dynamics.

The EU sawnwood market in 2024 demonstrated resilience amid global economic fluctuations. While challenges persist, including fluctuating import-export volumes and pricing pressures, the market`s projected growth offers opportunities for industry stakeholders. Staying informed about market trends, trade policies, and economic indicators is crucial for navigating the evolving landscape of the wood industry.
For comprehensive statistics, pricing information, import-export data, and industry trends, professionals are encouraged to visit WoodBusinessPortal.com, a dedicated platform offering valuable resources and analyses for the wood sector.

Sources:
1. indexbox.io
2. reportlinker.com
3. mordorintelligence.com
4. ft.com