Roundwood coniferous market in Denmark

Earlier Report Observations

In 2018, Denmark's coniferous roundwood market volume stood at 2 753 thousand m³, supported by marked growth in global production and consumption which boosted export levels to 484 thousand m³. The following year, market volume declined to 2 631 thousand m³ as global supply-chain disruptions and fluctuating prices reduced imports to 236 thousand m³ and increased exports to 518 thousand m³. Pandemic-related disruptions in 2020 altered trade flows, raising imports to 282 thousand m³ and lowering exports to 406 thousand m³, which pushed market volume back up to 2 789 thousand m³.

Market growth continued into 2021, with volume reaching 2 958 thousand m³ as imports rose to 398 thousand m³ and exports fell to 353 thousand m³. A slight global decline in industrial roundwood consumption in 2022 coincided with a dip in Denmark's market volume to 2 875 thousand m³, accompanied by imports of 333 thousand m³ and exports of 370 thousand m³. By 2023, the market stabilized with a modest increase to 2 928 thousand m³, reflecting broader global market stabilization, while imports reached 381 thousand m³ and exports 366 thousand m³.

Production coniferous roundwood in Denmark

In kind, 2018-2021, K m³

Top producers of coniferous roundwood, 2018-2021

World map of production of coniferous roundwood, 2018-2021

In 2021, Denmark produced 2 913 K m³ of roundwood coniferous, remaining relatively stable compared to the previous year. The largest decline occurred in 2019, at 0.0%, while the largest increase was also recorded in 2019, at 0.0%.

Annual dynamics of production in Denmark in kind, 2018-2021, K m³

Exports coniferous roundwood from Denmark

Exports in kind, K m³

Denmark's roundwood coniferous exports declined for the second consecutive year. In 2021, exports amounted to 352.8 K m³, down by 13.2% from 2020. Over the period 2018-2021, exports decreased by 27.1%, with a CAGR of 10.0%. The maximum value was recorded in 2019 at 517.7 K m³. The largest decline occurred in 2020, at 21.5%, while the largest increase was in 2019, at 7.0%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, K m³

From 2018 to 2021, the main destinations for Denmark's roundwood coniferous exports in kind were Germany (45.5% of exports), China (27.5% of exports), and Sweden (12.6% of exports), together accounting for 85.5% of total flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, K $ US

The data shows irregular changes, indicating a volatile market environment. The lowest value was recorded in 2020 at 21 254 K $ US, while the highest occurred in 2021 at 49 247 K $ US, representing a peak-to-trough ratio of 2.3 times. In 2021, Denmark's roundwood coniferous exports amounted to 49 247 K $ US, marking a steep improvement of 131.7% from the prior year. The largest decline was in 2020, at 54.2%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US

From 2018 to 2021, China and Germany were the dominant buyers of roundwood coniferous from Denmark in value terms, together taking 82.0% of total exports, with other partners playing a less significant role.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports coniferous roundwood to Denmark

Imports in kind, K m³

Denmark's roundwood coniferous imports increased for the second consecutive year. In 2021, imports reached 397.5 K m³, indicating a steep rise of 40.9% from a year earlier. Over the period 2018-2021, imports grew by 22.9%, with a CAGR of 7.1%. The minimum value was recorded in 2019 at 236.1 K m³. The largest decline occurred in 2019, at 27.0%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, K m³

From 2018 to 2021, Sweden (41.0% of imports in kind), Germany (26.3% of imports in kind), and Norway (19.6% of imports in kind) accounted for the largest share of Denmark's roundwood coniferous imports, together comprising 86.9% of total flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, K $ US

Denmark's roundwood coniferous imports increased for the second consecutive year. In 2021, imports were recorded at 65 383 K $ US, constituting a dramatic rise of 51.4% over the past year. Over the period 2018-2021, imports grew by 42.8%, with a CAGR of 12.6%. The minimum value was recorded in 2019 at 34 831 K $ US. The largest decline occurred in 2019, at 23.9%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US

From 2018 to 2021, three principal markets—Sweden, Germany, and Norway—together accounted for 85.1% of total imports in value terms of roundwood coniferous to Denmark.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021