Wood Chips Market
Wood chips market: enjoy new information empowered by an Ai-driven BI platform. Facts and figures cover imports, consumption, market prices, exports, market size, companies, production, and trade. There is a split by country, including Latin America, China, EU, the U.K., Russia, the U.S., the Middle East, and Africa. Market insights and outlook to 2030 are also provided in the snapshots.
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Wood Chips - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Brazil |
3 | United States |
4 | Japan |
5 | Canada |
In value terms, China led the market, alone. The second position in the ranking was occupied by Brazil. It was followed by the United States.
In China, the wood chips, particles and residues market increased at an average annual rate of +2.2% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Brazil (-10.0% per year) and the United States (-5.0% per year).
Wood Chips, Particles And Residues Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per tonne | ||||
Belarus | 9055 | 7732 | 6682 | -14.1% |
Estonia | 22458 | 18447 | 13096 | -23.6% |
Russia | 14142 | 13942 | 13744 | -1.4% |
Latvia | 19217 | 18801 | 16957 | -6.1% |
United States | 19222 | 19662 | 18603 | -1.6% |
Germany | 28507 | 27508 | 26289 | -4.0% |
Chile | 29684 | 33690 | 32053 | 3.9% |
Brazil | 38575 | 43871 | 37499 | -1.4% |
South Africa | 43128 | 48132 | 43361 | 0.3% |
Thailand | 71759 | 76251 | 43559 | -22.1% |
Uruguay | 42310 | 46833 | 46120 | 4.4% |
Vietnam | 55975 | 57196 | 54936 | -0.9% |
Australia | 63846 | 69292 | 65069 | 1.0% |
Average | 38349 | 39601 | 35394 | -3.9% |
Prices varied noticeably by the country of origin; the country with the highest price was Australia ($65,069 per tonne), while Belarus ($6,682 per tonne) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Uruguay, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per tonne | ||||
China | 77977 | 84787 | 84659 | 4.2% |
Japan | 74351 | 68863 | 75347 | 0.7% |
France | 32032 | 41938 | 40159 | 12.0% |
Turkey | 28826 | 28795 | 28788 | -0.1% |
Denmark | 23207 | 20958 | 27915 | 9.7% |
Austria | 24974 | 25612 | 24694 | -0.6% |
Finland | 16066 | 15421 | 18811 | 8.2% |
Sweden | 15686 | 14849 | 15904 | 0.7% |
Canada | 14370 | 14195 | 13588 | -2.8% |
Germany | 15651 | 13281 | 11464 | -14.4% |
Lithuania | 13048 | 10948 | 10169 | -11.7% |
Latvia | 13423 | 10365 | 8651 | -19.7% |
Poland | 10199 | 9572 | 8400 | -9.2% |
Average | 47954 | 46412 | 46795 | -1.2% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($84,659 per tonne), while Poland ($8,400 per tonne) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.
Wood Chips, Particles and Residues - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
China | 2.3 | 2.4 | 2.4 | 3.5% |
Japan | 2.3 | 1.8 | 1.8 | -12.2% |
Turkey | 0.2 | 0.2 | 0.2 | 9.4% |
Finland | 0.1 | 0.2 | 0.2 | 24.9% |
Austria | 0.1 | 0.1 | 0.1 | -12.8% |
In value terms, China ($2.4B), Japan ($1.8B) and Turkey ($249M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 74% of global imports. These countries were followed by Finland, Austria, France, Sweden, Canada, Denmark, Poland, Germany, Latvia and Lithuania, which together accounted for a further 14%.
Latvia (+110.6% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Wood Chips, Particles and Residues - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Vietnam | 1.4 | 1.7 | 1.5 | 5.8% |
Australia | 1.1 | 1.1 | 0.5 | -32.6% |
Chile | 0.4 | 0.4 | 0.3 | -7.5% |
United States | 0.3 | 0.2 | 0.2 | -16.2% |
Thailand | 0.2 | 0.3 | 0.2 | -15.5% |
In value terms, Vietnam ($1.5B) remains the largest wood chips, particles and residues supplier worldwide, comprising 33% of global exports. The second position in the ranking was occupied by Australia ($520M), with a 11% share of global exports. It was followed by Chile, with a 7.2% share.
From 2018 to 2020, the average annual rate of growth in terms of value in Vietnam stood at +5.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (-32.6% per year) and Chile (-7.5% per year).
Wood Chips, Particles and Residues - Market Forecast
Driven by increasing demand for wood chips, particles and residues worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
This report provides an in-depth analysis of the global market for wood chips, particles and residues.
This report provides an in-depth analysis of the market for wood chips, particles and residues in Africa.
This report provides an in-depth analysis of the market for wood chips, particles and residues in the Middle East.
This report provides an in-depth analysis of the market for wood chips, particles and residues in Latin America and the Caribbean.
This report provides an in-depth analysis of the market for wood chips, particles and residues in South-Eastern Asia.
This report provides an in-depth analysis of the market for wood chips, particles and residues in Central Asia.
This report provides an in-depth analysis of the market for wood chips, particles and residues in Australia and Oceania.
This report provides an in-depth analysis of the market for wood chips, particles and residues in Northern America.
This report provides an in-depth analysis of the market for wood chips, particles and residues in Southern Asia.
This report provides an in-depth analysis of the market for wood chips, particles and residues in Eastern Asia.
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