Production of Wood Chips and Particles in Belgium - 2022
Wood Chips and Particles Production in Belgium - 2022
In 2022, the amount of wood chips and particles produced in Belgium amounted to 866K cubic meters, flattening at 2021 figures. In general, the total production indicated buoyant growth from 2017 to 2022: its volume increased at an average annual rate of +12.8% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.1% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by 77%. Wood chips and particles production peaked at 875K cubic meters in 2020; however, from 2021 to 2022, production remained at a lower figure.
In value terms, wood chips and particles production shrank to $13M in 2022 estimated in export price. Overall, the total production indicated a notable increase from 2017 to 2022: its value increased at an average annual rate of +3.6% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -22.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 58%. As a result, production reached the peak level of $17M. From 2020 to 2022, production growth remained at a lower figure.
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