In 2024, the European timber trade balance showed significant variation across countries. The United Kingdom leads with a positive balance of 17.26 million metric tons, while the Czech Republic records the largest deficit at -13.71 million metric tons. Notable year-on-year growth was observed in the Netherlands at 17.86%, and the United Kingdom and Belgium both saw a 4.5% increase. The data indicates stable or zero growth for many countries, such as Austria, Portugal, and several others. Overall, the last five years suggest a moderate trend with minor fluctuations in trade balances across individual countries.
Future trends to watch for include potential impacts of environmental policies and sustainable forestry practices, which could influence supply chains and trade balances. Additionally, economic factors such as demand from global markets and changes in construction industries will play crucial roles in shaping the trade balance for European timber in the coming years.
Top countries in Timber Trade Balance by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 17,260 | 2023 | +3.4% | +4.51% | View data |
| 2 | 2 Italy | 10,320 | 2023 | +4.65% | +0.0019% | View data |
| 3 | 3 Belgium | 10,230 | 2023 | +1.57% | +4.53% | View data |
| 4 | 4 Austria | 5,320 | 2023 | +3.98% | View data | |
| 5 | 5 Sweden | 5,110 | 2023 | +14.06% | View data | |
| 6 | 6 Denmark | 4,450 | 2023 | +3.61% | -3.63% | View data |
| 7 | 7 Netherlands | 3,150 | 2023 | +0.038% | +17.86% | View data |
| 8 | 8 Finland | 2,680 | 2023 | -5.28% | +0.83% | View data |
| 9 | 9 Portugal | 2,200 | 2023 | +10.74% | View data | |
| 10 | 10 Luxembourg | 737.49 | 2023 | -0.58% | View data |
