Wood Fuel Market

Wood fuel market: get recently published facts and figures enhanced by an Ai-driven market research tool. Info contain market prices, market size, imports, trade, companies, exports, consumption, and production. There is a split by country, including Africa, Latin America, EU, the U.K., China, the Middle East, the U.S., and Russia. Market trends and forecast to 2030 are also provided in the snapshots.

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Wood Fuel - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by Democratic Republic of the Congo. It was followed by Brazil.

From 2018 to 2020, the average annual rate of growth in terms of value in China amounted to +9.7%. In the other countries, the average annual rates were as follows: Democratic Republic of the Congo (+8.3% per year) and Brazil (-0.9% per year).

Wood Fuel Prices

Wood Fuel - Top Importers

In value terms, the largest wood fuel importing markets worldwide were the UK ($47M), Italy ($42M) and the United States ($32M), with a combined 30% share of global imports. Germany, South Africa, the Netherlands, Slovenia, Austria, France, Belgium, Greece, Swaziland and Croatia lagged somewhat behind, together accounting for a further 42%.

The Netherlands (+324.4% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Wood Fuel - Top Exporters

In value terms, the largest wood fuel supplying countries worldwide were Latvia ($63M), Croatia ($46M) and Bosnia and Herzegovina ($42M), together comprising 28% of global exports. These countries were followed by Lithuania, Spain, Slovenia, Poland, Swaziland, Estonia, France, Belarus, Germany and South Africa, which together accounted for a further 38%.

France (+96.1% per year) recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Wood Fuel - Market Forecast

Driven by increasing demand for wood fuel worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, 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.

Wood Fuel - Product Coverage

• HS 440110 - Wood; for fuel, in logs, billets, twigs, faggots or similar forms, whether or not agglomerated
• HS 440111 - Wood; for fuel, in logs, in billets, in twigs, in faggots or similar forms, whether or not agglomerated, coniferous
• HS 440112 - Wood; for fuel, in logs, in billets, in twigs, in faggots or similar forms, whether or not agglomerated, non-coniferous

Source: IndexBox Market Intelligence Platform