Scandinavia: Wood Residues Market 2024

Wood Residues Market Size in Scandinavia

After three years of growth, the Scandinavia wood residues market decreased by X% to $X in 2020. The market value increased at an average annual rate of X% from 2012 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019, and then contracted slightly in the following year.

Wood Residues Production in Scandinavia

In value terms, wood residues production rose to $X in 2020 estimated in export price. The total production indicated a remarkable increase from 2012 to 2020: its value increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by X% against 2012 indices. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production attained the maximum level in 2020 and is expected to retain growth in years to come.

Wood Residues Exports

Exports in Scandinavia

In 2020, overseas shipments of wood residues decreased by X% to X cubic meters, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of export peaked at X cubic meters in 2014; however, from 2015 to 2020, the exports failed to regain momentum.

In value terms, wood residues exports expanded markedly to $X in 2020. In general, exports recorded a slight downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Norway represented the largest exporter of wood residues in Scandinavia, with the volume of exports finishing at X cubic meters, which was approx. X% of total exports in 2020. Finland (X cubic meters) ranks second in terms of the total exports with a X% share, followed by Sweden (X%).

Norway was also the fastest-growing in terms of the wood residues exports, with a CAGR of X% from 2012 to 2020. Finland experienced a relatively flat trend pattern. Sweden (X%) illustrated a downward trend over the same period. While the share of Norway (X p.p.) and Finland (X p.p.) increased significantly in terms of the total exports from 2012-2020, the share of Sweden (X p.p.) displayed negative dynamics.

In value terms, Norway ($X), Finland ($X) and Sweden ($X) constituted the countries with the highest levels of exports in 2020, together accounting for X% of total exports.

Norway, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per cubic meter in 2020, surging by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of export peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Sweden ($X per cubic meter), while Norway ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced mixed trends in the export price figures.

Wood Residues Imports

Imports in Scandinavia

In 2020, wood residues imports in Scandinavia stood at X cubic meters, almost unchanged from 2019. In general, imports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at X cubic meters in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, wood residues imports fell slightly to $X in 2020. Overall, imports, however, saw a deep setback. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X cubic meters) and Norway (X cubic meters) represented the key importers of wood residues in 2020, reaching near X% and X% of total imports, respectively. It was distantly followed by Finland (X cubic meters), committing a X% share of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Norway ($X) constitutes the largest market for imported wood residues in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports.

In Norway, wood residues imports expanded at an average annual rate of X% over the period from 2012-2020. In the other countries, the average annual rates were as follows: Sweden (X% per year) and Finland (X% per year).

Import Prices by Country

In 2020, the import price in Scandinavia amounted to $X per cubic meter, stabilizing at the previous year. Overall, the import price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2020, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was Norway ($X per cubic meter), while Sweden ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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