Market research

Roundwood coniferous market in Georgia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The coniferous roundwood market in Georgia saw strong growth from 2018 to 2021, with total market volume increasing by over 20% to reach 249 thousand m³. This rise was driven by a consistent expansion in domestic production, which grew by nearly 25% over the same period.

After reaching its peak in 2021, the market volume contracted in 2022 and 2023, falling back to 215 thousand m³. This decline coincided with a sharp, sustained reduction in imports, which dropped by almost two-thirds from their 2021 level, while domestic production also moderated from its high.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Georgia
  1. 5.1.1. Annual dynamics of production in Georgia in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Georgia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K m³
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K m³
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, m³
    1. 6.1.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, m³
    1. 6.2.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, m³
    1. 7.1.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, m³
    1. 7.2.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, m³
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production coniferous roundwood in Georgia

In kind, 2017-2020, K m³

Top producers of coniferous roundwood, 2017-2020

Source: SHEV.io

World map of production of coniferous roundwood, 2017-2020

Source: SHEV.io

Georgia's roundwood coniferous production has increased for the third consecutive year. In 2020, the country produced 209.2 thousand cubic meters, marking a 16.0% rise compared to 2019. Over the 2017-2020 period, production grew by 47.6%, with an average annual growth rate of 13.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	24.1%	2.5%	16.0%	13.9%

Source: SHEV.io

Exports coniferous roundwood from Georgia

Exports in kind, m³

In 2020, Georgia's roundwood coniferous exports reached 116 cubic meters, showing little change from the previous year. From 2017 to 2020, exports declined by 42%, with an average annual decrease of 16.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	(16.6%)

Source: SHEV.io

Between 2017 and 2020, China and Armenia were the two primary markets for Georgia's roundwood coniferous exports, together accounting for 100.0% of total export volume.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Georgia's roundwood coniferous export value totaled 22 thousand US dollars in 2020, remaining largely stable compared to 2019. Over the 2017-2020 period, export value increased by 39.7%, with an average annual growth rate of 11.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	11.8%

Source: SHEV.io

From 2017 to 2020, Armenia and China dominated Georgia's roundwood coniferous export value, jointly representing 100.0% of total export earnings.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coniferous roundwood to Georgia

Imports in kind, m³

After two years of growth, Georgia's roundwood coniferous imports declined. In 2020, imports stood at 15 502 cubic meters, a 56.5% decrease from 2019. Between 2017 and 2020, imports fell by 38.2%, with an average annual decline of 14.8%. The peak was recorded in 2019 at 35 671 cubic meters, while the largest annual increase occurred in 2018 at 23.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	23.0%	15.5%	(56.5%)	(14.8%)

Source: SHEV.io

From 2017 to 2020, Turkey (57.2% of import volume), Lithuania (18.8%), and Latvia (8.7%) were the main suppliers of roundwood coniferous to Georgia, together comprising 84.8% of total imports.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Georgia's roundwood coniferous import value declined for the second consecutive year. In 2020, imports totaled 1 827 thousand US dollars, a sharp 62.0% drop year-over-year. Between 2017 and 2020, import value decreased by 54.1%, with an average annual decline of 22.9%. The highest value was recorded in 2018 at 5 443 thousand US dollars, which also saw the largest annual increase of 36.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	36.8%	(11.8%)	(62.0%)	(22.9%)

Source: SHEV.io

During 2017-2020, Turkey (53.4% of import value), Lithuania (20.9%), and Latvia (9.5%) formed the core group of suppliers for Georgia's roundwood coniferous imports in value terms, collectively representing 83.9% of total import spending.

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

Source: SHEV.io

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

Source: SHEV.io