EU: Market for Wood Chips, Particles And Residues 2024

Market Size for Wood Chips, Particles And Residues in the EU

The EU market for wood chips, particles and residues reached $X in 2021, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Wood Chips, Particles And Residues in the EU

In value terms, wood chips, particles and residues production shrank remarkably to $X in 2021 estimated in export price. Overall, production saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Wood Chips, Particles And Residues

Exports in the EU

After five years of growth, shipments abroad of wood chips, particles and residues decreased by X% to X cubic meters in 2021. Overall, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X cubic meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood chips, particles and residues exports contracted rapidly to $X in 2021. In general, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Latvia (X cubic meters), distantly followed by Germany (X cubic meters), Estonia (X cubic meters), Slovenia (X cubic meters), Belgium (X cubic meters) and France (X cubic meters) were the main exporters of wood chips, particles and residues, together committing X% of total exports. Austria (X cubic meters), Slovakia (X cubic meters), Sweden (X cubic meters), Lithuania (X cubic meters), Croatia (X cubic meters), the Czech Republic (X cubic meters) and Finland (X cubic meters) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Germany ($X) and France ($X) were the countries with the highest levels of exports in 2021, with a combined X% share of total exports. Estonia, Slovenia, Austria, Belgium, Sweden, Lithuania, Slovakia, Croatia, the Czech Republic and Finland lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Lithuania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per cubic meter in 2021, falling by X% against the previous year. Overall, the export price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was France ($X per cubic meter), while Estonia ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports in the EU

In 2021, supplies from abroad of wood chips, particles and residues decreased by X% to X cubic meters, falling for the second year in a row after four years of growth. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, wood chips, particles and residues imports shrank notably to $X in 2021. Overall, imports recorded a perceptible contraction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Finland (X cubic meters), distantly followed by Sweden (X cubic meters), Poland (X cubic meters), Denmark (X cubic meters), Portugal (X cubic meters), Austria (X cubic meters), Lithuania (X cubic meters) and Italy (X cubic meters) were the key importers of wood chips, particles and residues, together making up X% of total imports.

Finland experienced a relatively flat trend pattern with regard to volume of imports of wood chips, particles and residues. At the same time, Denmark (X%), Lithuania (X%), Portugal (X%) and Poland (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2021. By contrast, Italy (X%), Sweden (X%) and Austria (X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Denmark, Lithuania, Poland, Portugal and Finland increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wood chips, particles and residues importing markets in the European Union were Finland ($X), Portugal ($X) and Denmark ($X), with a combined X% share of total imports.

Denmark, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per cubic meter in 2021, surging by X% against the previous year. In general, the import price, however, showed a pronounced decrease. The level of import peaked at $X per cubic meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Portugal ($X per cubic meter), while Poland ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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