Romania: Wood Residues Market 2024

Wood Residues Market Size in Romania

In 2020, the Romanian wood residues market decreased by X% to $X for the first time since 2017, thus ending a two-year rising trend. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped notably in the following year.

Wood Residues Production in Romania

In value terms, wood residues production shrank markedly to $X in 2020 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X, and then contracted sharply in the following year.

Wood Residues Exports

Exports from Romania

In 2020, overseas shipments of wood residues decreased by X% to X cubic meters for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

In value terms, wood residues exports amounted to $X in 2020. In general, exports, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X cubic meters), Poland (X cubic meters) and Ukraine (X cubic meters) were the main destinations of wood residues exports from Romania, together comprising X% of total exports.

From 2012 to 2020, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for wood residues exported from Romania were Germany ($X), Belgium ($X) and Ukraine ($X), with a combined X% share of total exports. Canada, Austria, Vietnam, Spain, Poland, France, Norway, the Czech Republic, Croatia and Belarus lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average wood residues export price amounted to $X per cubic meter, jumping by X% against the previous year. Overall, the export price posted a significant expansion. The growth pace was the most rapid in 2014 when the average export price increased by X%. The export price peaked in 2020 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to Belarus ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Residues Imports

Imports into Romania

In 2020, purchases abroad of wood residues increased by X% to X cubic meters, rising for the fourth consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of X cubic meters. From 2015 to 2020, the growth of imports failed to regain momentum.

In value terms, wood residues imports totaled $X in 2020. Overall, imports, however, recorded a deep reduction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to Romania, together accounting for X% of total imports. Germany, Italy, Norway, Canada, Sweden, the Netherlands, Poland, the United States, Slovakia and Lithuania lagged somewhat behind, together comprising a further X%.

From 2012 to 2020, the biggest increases were recorded for Norway (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Austria ($X) and Germany ($X) constituted the largest wood residues suppliers to Romania, together comprising X% of total imports. Belgium, the United States, Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Sweden and Slovakia lagged somewhat behind, together comprising a further X%.

Norway, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood residues import price stood at $X per cubic meter in 2020, approximately reflecting the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Canada ($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 Lithuania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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