Roundwood coniferous market in Luxembourg

Earlier Report Observations

In 2018, a massive bark beetle infestation disrupted Luxembourg's coniferous roundwood market, affecting supply and contributing to a market size decline to 21.1 million USD in 2019. After a slight recovery in 2020, the market surged to 32.6 million USD in 2021, driven by a sharp increase in imports.

The direct impact of the war in Ukraine in 2022 caused significant price volatility and market uncertainty, coupled with decreased coniferous log harvesting and rising demand for wood energy. This led to a market size drop to 26.1 million USD as exports spiked. In 2023, following price normalization and a decline in exports, the market rebounded to 37.4 million USD, supported by moderate production growth.

By 2024, wood supply reached a 10-year low, while Kronospan Luxembourg commenced particleboard production using 100% recycled wood. In 2025, despite an uncertain economic climate, the market maintained stable turnover with a slight increase in roundwood prices.

Production coniferous roundwood in Luxembourg

In kind, 2018-2021, K m³

Top producers of coniferous roundwood, 2018-2021

World map of production of coniferous roundwood, 2018-2021

Luxembourg's roundwood coniferous production has declined for the third consecutive year. In 2021, the country produced 198.6 K m³ of roundwood coniferous, which represents a 19.2% decrease compared to the previous year. Looking at the period from 2018 to 2021, production fell by 30.1%, translating to an annualized decline rate of 11.2%.

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

In value, 2018-2021, K $ US

In 2021, the output of roundwood coniferous in Luxembourg was valued at 15 957 K $ US, marking a 5.6% decrease from 2020. Over the 2018-2021 period, production value dropped by 30.4%, with a compound annual growth rate (CAGR) of -11.4%. The most significant decline occurred in 2019, at 27.3%, while the largest increase was recorded in 2020, at 1.4%.

Annual dynamics of production in Luxembourg in value, 2018-2021, K $ US

Exports coniferous roundwood from Luxembourg

Exports in kind, K m³

Cross-border shipments of roundwood coniferous from Luxembourg have declined for the third consecutive year. In 2021, exports reached 280.6 K m³, reflecting a 2.7% decrease year-over-year. From 2018 to 2021, exports fell by 18.8%, with a CAGR of -6.7%.

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

Between 2018 and 2021, Belgium and Germany were the primary markets for Luxembourg's roundwood coniferous exports in kind. Belgium accounted for 59.9% of total flows, while Germany made up 39.0%, together representing 98.9% of all exports.

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

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

Exports in value, K $ US

After two years of reduction, roundwood coniferous deliveries from Luxembourg increased in 2021. The country exported 22 547 K $ US worth of roundwood coniferous, showing a 13.6% uptick compared to 2020. However, over the 2018-2021 period, exports decreased by 19.2%, with a CAGR of -6.9%. The lowest value was recorded in 2020 at 19 853 K $ US, and the largest decline occurred in 2019, at 28.7%.

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

From 2018 to 2021, Belgium and Germany together captured 98.6% of Luxembourg's total roundwood coniferous exports in value terms, with the remaining flows distributed thinly across other markets.

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

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

Imports coniferous roundwood to Luxembourg

Imports in kind, K m³

Cross-border shipments of roundwood coniferous to Luxembourg have increased for the second consecutive year. In 2021, imports amounted to 746.4 K m³, showing a sharp advance of 30.3% compared to 2020. Over the 2018-2021 period, imports rose by 6.8%, with a CAGR of 2.2%. The minimum value was recorded in 2019 at 356.4 K m³, with the largest decline that year at 49.0%, followed by the largest increase in 2020 at 60.7%.

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

Throughout 2018–2021, France, Germany, and Belgium formed the key group of partners for Luxembourg's roundwood coniferous imports in kind. France accounted for 46.5% of imports, Germany for 31.6%, and Belgium for 20.5%, jointly representing 98.5% of total flows.

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

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

Imports in value, K $ US

Luxembourg's volume of roundwood coniferous imports has increased for the second consecutive year. In 2021, imports stood at 39 158 K $ US, marking a sharp rise of 57.5% from the previous year. Between 2018 and 2021, imports grew by 42.2%, equating to an annualized rate of 12.5%. The minimum value was recorded in 2019 at 24 316 K $ US, with the largest decline that year at 11.7%.

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

Over the 2018–2021 period, France and Germany consistently accounted for 80.2% of Luxembourg's total roundwood coniferous imports in value terms, indicating a high degree of concentration, with a long tail of smaller markets making up the remainder.

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

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