Densified wood market in Slovenia

Earlier Report Observations

The market volume for densified wood in Slovenia measured 11 829 cubic meters in 2018, rising to 12 221 cubic meters in 2019 before declining to 11 264 cubic meters in 2020. In value terms, the market contracted from 17.5 million US dollars to 16.2 million US dollars over the same period. Domestic production remained relatively steady while both imports and exports grew.

After 2020, trade data indicates a substantial expansion in cross-border flows. Imports surged from 607 cubic meters in 2020 to 4 189 cubic meters in 2024, and export volume peaked at 2 408 cubic meters in 2023 before a sharp decline. In monetary terms, import value climbed to 2.5 million US dollars by 2024, with export value showing significant volatility.

Production densified wood in Slovenia

In value, 2017-2020, K $ US

Densified wood production in Slovenia declined for the second consecutive year. In 2020, output was valued at 15 826 thousand US dollars, remaining virtually unchanged compared to 2019. Over the period from 2017 to 2020, production increased by 20.2%, with a compound annual growth rate of 6.3%. The highest value was recorded in 2018 at 16 905 thousand US dollars, which represented a 28.4% increase. The largest decline occurred in 2019, with a drop of 6.0%.

Annual dynamics of production in Slovenia in value, 2017-2020, K $ US

In kind, 2017-2020, m³

After a two-year increase, Slovenia's densified wood production declined. In 2020, 10 899 cubic meters were produced, marking a 7.2% decrease from the previous year. From 2017 to 2020, production grew by 21.1%, with a compound annual growth rate of 6.6%. The peak was reached in 2019 at 11 750 cubic meters. The largest increase was recorded in 2018, with a rise of 28.2%.

Annual dynamics of production in Slovenia in kind, 2017-2020, m³

Exports densified wood from Slovenia

Exports in kind, m³

The market exhibited an unstable trend throughout the period. Exports varied significantly, with a 3.5-fold difference between the high in 2017 and the low in 2018. In 2020, Slovenia exported 242.0 cubic meters of densified wood, representing an 82.9% increase compared to 2019. The minimum value was recorded in 2018 at 76.5 cubic meters, which saw the largest decline of 71.1%.

Annual dynamics of product's exports from Slovenia in kind, 2017-2020, m³

From 2017 to 2020, three principal markets—Austria, Bosnia and Herzegovina, and France—together accounted for 88.3% of Slovenia's total densified wood exports in volume terms.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Slovenia in kind, 2017-2020

Exports in value, K $ US

The market showed signs of volatility over the observed period. Export values varied by 26 times between the low in 2018 and the high in 2020. In 2020, Slovenia's densified wood export volume amounted to 583.4 thousand US dollars, marking a sharp gain of 555.8% compared to 2019. The minimum value was recorded in 2018 at 22.2 thousand US dollars, which experienced the largest decline of 92.9%.

Annual dynamics of product's exports from Slovenia in value, 2017-2020, K $ US

From 2017 to 2020, France, Austria, and Belgium stood out as the main markets for Slovenia's densified wood exports in value terms, accounting for 45.6%, 31.5%, and 15.1% of total exports, respectively. Together, they represented 92.2% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Slovenia in value, 2017-2020

Imports densified wood to Slovenia

Imports in kind, m³

Densified wood shipments to Slovenia from abroad increased for the third consecutive year. In 2020, imports reached 607.0 cubic meters, equivalent to a small advance of 0.7% year-over-year. Between 2017 and 2020, imports increased by 159.4%, equating to an annualized rate of 37.4%.

Annual dynamics of product's imports to Slovenia in kind, 2017-2020, m³

From 2017 to 2020, Germany, Italy, and Austria were the main suppliers of densified wood to Slovenia in volume terms, accounting for 38.6%, 37.2%, and 12.1% of imports, respectively. Together, they comprised 87.9% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Slovenia in kind, 2017-2020

Imports in value, K $ US

Slovenia's volume of densified wood imports increased for the third consecutive year. In 2020, imports were recorded at 914.6 thousand US dollars, which is 31.6% higher compared to the previous year. Between 2017 and 2020, imports grew by 149%, equating to an annualized rate of 35.5%.

Annual dynamics of product's imports to Slovenia in value, 2017-2020, K $ US

In 2017–2020, Italy and Germany continued to lead the list of markets for Slovenia's densified wood imports in value terms, together accounting for 92.3% of total flows, while other partners played a supplementary role.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Slovenia in value, 2017-2020