In 2023, Belgium had the highest share of global imports of Beech logs with 26.39%, marking a 4.87% year-on-year increase. China followed at 19.89%, experiencing a modest rise of 1.43%. Austria, Italy, and the Netherlands rounded out the top five, with Netherlands seeing a notable growth of 6.71%. Indonesia demonstrated a significant increase of 21.86%, highlighting a growing demand. Germany and Japan had minor declines, while countries like Bosnia and Herzegovina showed remarkable growth with an increase of 20.56%. Notably, the U.S. faced a considerable decline of 10.04%.
Looking ahead, factors to monitor include continued growth in emerging markets such as Indonesia and Eastern Europe, coupled with environmental policies impacting wood supply. Economic shifts in major importers like China and India may influence trends significantly, while sustainability concerns could spur increased importation from certified sources.
Top countries in Import of Logs of Beech (Fagus Spp) Share by Country (Kilograms)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Belgium | 26.39 | 2023 | +4.39% | +4.87% | View data |
2 | 2 China | 19.89 | 2023 | +2.04% | +1.43% | View data |
3 | 3 Austria | 16.85 | 2023 | -1.57% | -0.75% | View data |
4 | 4 Italy | 11.05 | 2023 | -2.58% | +0.47% | View data |
5 | 5 Netherlands | 7.48 | 2023 | +6.16% | +6.71% | View data |
6 | 6 Indonesia | 4.2 | 2023 | +1.4% | +21.86% | View data |
7 | 7 Slovakia | 3.61 | 2023 | +2% | +1.32% | View data |
8 | 8 Luxembourg | 2.61 | 2023 | +2.39% | +4.36% | View data |
9 | 9 Sweden | 2.24 | 2023 | -1.96% | -3.79% | View data |
10 | 10 Germany | 2.03 | 2023 | -0.79% | -0.98% | View data |