Non coniferous sawnwood market in Romania

Earlier Report Observations

The Romanian non-coniferous sawnwood market expanded from 1.1 million m³ in 2018 to 1.24 million m³ in 2021. Initial growth was supported by significant price increases driven by strong demand and transport constraints, alongside import duties affecting the sector. The COVID-19 pandemic in 2020 further accelerated demand as economic recovery and shifts in manufacturing, coupled with increased home renovation activity, boosted consumption. Continued high demand and global supply chain disruptions maintained upward pressure on prices and market volume through 2021.

Market volume then contracted to 1.07 million m³ in 2022 and fell sharply to 869 thousand m³ in 2023. Fiscal policies and regulations emphasizing construction demand and raw material costs influenced the market, while growing interest in FSC-certified wood reflected changing consumer preferences. Sustained price rises of 10-15% in 2023, driven by persistent demand-supply imbalances, climate factors, and policy measures, ultimately reduced affordability and led to the decline in overall consumption.

Production non coniferous sawnwood in Romania

In kind, 2017-2020, K m³

Between 2017 and 2020, Romania ranked as the 13th largest global producer of non-coniferous sawnwood.

Top producers of non coniferous sawnwood, 2017-2020

World map of production of non coniferous sawnwood, 2017-2020

In 2020, Romania produced 1 615 thousand cubic meters of non-coniferous sawnwood, marking a slight increase of 0.9% compared to 2019. The most significant decline occurred in 2018, with production remaining essentially unchanged.

Annual dynamics of production in Romania in kind, 2017-2020, K m³

In value, 2017-2020, M $ US

Romania's non-coniferous sawnwood production value declined for the second consecutive year. In 2020, output was valued at 635.0 million US dollars, reflecting a modest reduction of 1.3% from the previous year. Over the period from 2017 to 2020, production increased by 5.3%, equivalent to an annualized growth rate of 1.7%. The highest value was recorded in 2018 at 658.4 million US dollars, which saw the largest increase of 9.2%. In contrast, the most significant decline occurred in 2019, with a drop of 2.3%.

Annual dynamics of production in Romania in value, 2017-2020, M $ US

Exports non coniferous sawnwood from Romania

Exports in kind, K m³

Romania's non-coniferous sawnwood exports declined for the third consecutive year. In 2020, exports stood at 486.5 thousand cubic meters, down by 6.6% from 2019. Between 2017 and 2020, exports decreased by 21.5%, translating to an annualized decline rate of 7.8%.

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

From 2017 to 2020, China, Egypt, and Italy were the primary destinations for Romania's non-coniferous sawnwood exports by volume. China accounted for 44.8% of exports, Egypt for 25.0%, and Italy for 3.5%, collectively representing 73.2% of total export volumes.

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

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

Exports in value, M $ US

Romania's non-coniferous sawnwood export value declined for the third consecutive year. In 2020, exports amounted to 191.3 million US dollars, down by 8.7% compared to 2019. Over the 2017-2020 period, exports decreased by 18.2%, with a compound annual growth rate (CAGR) of -6.5%.

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

Throughout 2017-2020, China, Egypt, and Italy played leading roles in Romania's non-coniferous sawnwood exports by value. China contributed 46.1% of export value, Egypt 17.0%, and Italy 5.5%, together accounting for 68.7% of total export flows.

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

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

Imports non coniferous sawnwood to Romania

Imports in kind, K m³

Romania's non-coniferous sawnwood imports declined for the third consecutive year. In 2020, imports totaled 50.2 thousand cubic meters, a sharp decrease of 29.7% year-over-year. Between 2017 and 2020, imports fell by 34.2%, equating to an annualized decline rate of 13.0%.

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

From 2017 to 2020, Ukraine, Belgium, and Germany were the main sources of non-coniferous sawnwood imports to Romania by volume. Ukraine supplied 38.7% of imports, Belgium 9.8%, and Germany 5.9%, collectively making up 54.4% of total import volumes.

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

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

Imports in value, M $ US

Romania's non-coniferous sawnwood import value declined for the second consecutive year. In 2020, imports reached 29.4 million US dollars, corresponding to a steep decline of 30.1% year-over-year. Over the 2017-2020 period, imports decreased by 27.1%, with a compound annual growth rate (CAGR) of -10.0%. The highest import value was recorded in 2018 at 46.7 million US dollars, which also saw the largest increase of 15.8%.

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

In 2017-2020, Ukraine, Belgium, and Germany were notable suppliers of non-coniferous sawnwood to Romania by value, though not dominant. Ukraine accounted for 27.9% of import value, Belgium for 15.6%, and Germany for 5.9%, with their combined share reaching 49.4% of total imports.

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

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