Canada - Wood Chips, Parts, Residues, Pellets And Other Agglomerates - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Canada - Wood Chips, Parts, Residues, Pellets And Other Agglomerates - Market Analysis, Forecast, Size, Trends and Insights

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Price for Wood Chips, Parts, Residues, Pellets and Other Agglomerates in Canada - 2023

Contents:

  1. Price for Wood Chips, Parts, Residues, Pellets and Other Agglomerates in Canada (FOB) - 2023
  2. Price for Wood Chips, Parts, Residues, Pellets and Other Agglomerates in Canada (CIF) - 2022
  3. Exports of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in Canada
  4. Imports of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in Canada

Price for Wood Chips, Parts, Residues, Pellets and Other Agglomerates in Canada (FOB) - 2023

The average export price for wood chips, parts, residues, pellets and other agglomerates stood at $153 per thousand cubic meters in December 2022, approximately reflecting the previous month. Overall, the export price showed a noticeable descent. As a result, the export price reached the peak level of $0.2 per cubic meter. From November 2022 to December 2022, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($281 per thousand cubic meters), while the average price for exports to Japan ($131 per thousand cubic meters) was amongst the lowest.

From October 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wood Chips, Parts, Residues, Pellets and Other Agglomerates in Canada (CIF) - 2022

The average import price for wood chips, parts, residues, pellets and other agglomerates stood at $20 per cubic meter in 2022, jumping by 38% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2015 when the average import price increased by 2,175% against the previous year. As a result, import price attained the peak level of $244 per cubic meter. From 2016 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.9% per year.

Exports of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in Canada

In 2022, overseas shipments of wood chips, parts, residues, pellets and other agglomerates decreased by -4.5% to 3.8M cubic meters for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of 4M cubic meters, and then declined slightly in the following year.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates soared to $596M in 2022. The total export value increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan76.879.110518935.0%
United Kingdom226198188165-10.0%
United States1011011181010.0%
South Korea2.07.738.765.7220.3%
Denmark11.810.18.016.712.3%
France1.13.06.316.6147.1%
Netherlands2.753.730.111.160.2%
TurkeyN/AN/A9.25.3-42.4%
Others20.313.714.425.17.3%
Total44246751759610.5%

Top Export Markets for Wood Chips, Parts, Residues, Pellets and Other Agglomerates from Canada in 2022:

  1. Japan (1402.0M cubic meters)
  2. United Kingdom (1102.0M cubic meters)
  3. South Korea (425.7M cubic meters)
  4. United States (411.6M cubic meters)
  5. Denmark (114.1M cubic meters)
  6. France (102.9M cubic meters)
  7. Turkey (92.0M cubic meters)
  8. Netherlands (78.1M cubic meters)

Imports of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in Canada

For the third consecutive year, Canada recorded decline in overseas purchases of wood chips, parts, residues, pellets and other agglomerates, which decreased by -43.2% to 4.3M cubic meters in 2022. Over the period under review, imports recorded a sharp decline. The smallest decline of -2.4% was in 2020. Over the period under review, imports of hit record highs at 9M cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates dropped significantly to $85M in 2022. In general, imports showed a deep setback. The smallest decline of -0.4% was in 2020. Imports peaked at $124M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12312210683.1-12.3%
Others0.81.21.71.728.6%
Total12412310884.8-11.9%

Top Suppliers of Wood Chips, Parts, Residues, Pellets and Other Agglomerates to Canada in 2022:

  1. United States (1.4B cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wood chips, parts, residues, pellets and other agglomerates in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1619 - Wood chips and particles
  • FCL 1693 - Wood pellets
  • FCL 1694 - Other agglomerates
  • FCL 1620 - Wood residues

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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