Falling U.S. demand for Germany's pine planed lumber was widely felt throughout the first half of 2014. A decline of about -75 percent both in value as well as in volume, slowed the overall German exports. Nontheless, higher deliveries to Egypt (+443%), the Netherlands (+32%), China (+64%), Norway and UK managed to compensate the deficit in deliveries to U.S. Thus, exports of German pine planed lumber increased in the first half of 2014 by 4% in volume (to 181,228 cubic meters) and 6% in value (€ 37 million) as compared to the first half of 2013.
Average export prices in this period were largely stable with few changes. German pine planed lumber was delivered at an average value of € 208.42/cubic meter (H1/2013: 205.75). Among top destinations, the most expensive deliveries were made to France € 270.7/cbm, Norway (€ 232,09/cbm), Australia (€ 222,50/cbm), and South Korea (€ 216,34/cbm). The cheapest lumber was sold to the UK (€ 178.79/cbm) and China (€ 191.64/cbm).
Germany: Pine Lumber; Planed; Export; Top 10 Destinations | In volume (m3) | ||||
June 2014 | June 2014 | Jan.-June 2014 | Jan.-June 2014 | Change in % | |
Netherlands | 5,718 | 5,954 | 30,087 | 39,757 | 32% |
South Korea | 9,100 | 2,824 | 29,420 | 26,028 | -12% |
China | 2,468 | 2,400 | 15,105 | 24,744 | 64% |
Egypt | 742 | 2,270 | 3,515 | 19,108 | 443% |
Australia | 2,717 | 2,658 | 16,235 | 14,602 | -10% |
United States | 777 | 374 | 40,047 | 10,108 | -75% |
France | 1,286 | 1,251 | 7,494 | 7,262 | -3% |
Norway | 1,711 | 0 | 1,711 | 5,502 | 222% |
United Kingdom | 79 | 0 | 766 | 4,877 | 537% |
India | 128 | 1,680 | 8,597 | 4,576 | -47% |
Others | 3,573 | 3,884 | 20,755 | 24,634 | 19% |
TOTAL | 28,299 | 23,313 | 173,732 | 181,228 | 4% |
Germany: Pine Lumber; Planed; Export; Top 10 Destinations | In volume (m3) | ||||
June 2014 | June 2014 | Jan.-June 2014 | Jan.-June 2014 | Change in % | |
Netherlands | 1,137,000 | 1,223,000 | 5,836,000 | 8,013,000 | 37% |
South Korea | 2,004,000 | 623,000 | 6,385,000 | 5,631,000 | -12% |
China | 507,000 | 430,000 | 2,942,000 | 4,742,000 | 61% |
Egypt | 108,000 | 454,000 | 490,000 | 3,680,000 | 651% |
Australia | 556,000 | 597,000 | 3,254,000 | 3,249,000 | 0% |
United States | 167,000 | 75,000 | 8,011,000 | 1,990,000 | -75% |
France | 350,000 | 393,000 | 2,029,000 | 1,973,000 | -3% |
Norway | 267,000 | 0 | 267,000 | 1,277,000 | 378% |
Italy | 61,000 | 92,000 | 700,000 | 1,002,000 | 43% |
United Kingdom | 22,000 | 0 | 208,000 | 872,000 | 319% |
Others | 864,000 | 1,041,000 | 5,625,000 | 5,344,000 | -5% |
TOTAL | 6,043,000 | 4,928,000 | 35,747,000 | 37,773,000 | 6% |