In 2023, China's import of logs of beech significantly dominated the global market, followed by Austria and Italy. China's year-on-year growth was 1.99%, highlighting its continued demand. Austria and Italy faced slight declines of 1.34% and 1.5%, respectively. Indonesia showed a remarkable increase of 21.45%, indicating growing market potential.
Other countries like Luxembourg, Slovakia, and Croatia saw moderate growth, while countries like Sweden, Germany, Japan, and Spain experienced notable declines. Looking over a five-year span, countries such as Bosnia and Herzegovina and Albania have shown positive trends, suggesting potential developing markets.
Future trends to watch include China's sustained dominance and potential opportunities in Southeast Asia, driven by Indonesia's vibrant growth. Economic conditions, environmental policies, and trade agreements will significantly impact the global import patterns of beech logs in the coming years.
Top countries in Import of Logs of Beech (Fagus Spp) by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 190,150,000 | 2023 | +2.98% | +1.99% | View data |
| 2 | 2 Austria | 54,259,000 | 2023 | -1.44% | -1.34% | View data |
| 3 | 3 Italy | 40,428,000 | 2023 | -3.1% | -1.5% | View data |
| 4 | 4 Belgium | 36,862,000 | 2023 | -0.38% | -0.36% | View data |
| 5 | 5 Indonesia | 15,256,000 | 2023 | +1.38% | +21.45% | View data |
| 6 | 6 Luxembourg | 12,875,000 | 2023 | +3.8% | +3.48% | View data |
| 7 | 7 Slovakia | 10,588,000 | 2023 | +2.85% | +1.46% | View data |
| 8 | 8 Sweden | 9,197,100 | 2023 | -1.3% | -3.44% | View data |
| 9 | 9 Czech Republic | 7,919,900 | 2023 | -1.52% | -1.18% | View data |
| 10 | 10 Croatia | 5,823,800 | 2023 | +5.89% | +4.62% | View data |
