Slovakia - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWood Fuel Price in Slovakia - 2023
Contents:
- Wood Fuel Price in Slovakia (CIF) - 2023
- Wood Fuel Price in Slovakia (FOB) - 2023
- Wood Fuel Imports in Slovakia
- Wood Fuel Exports in Slovakia
Wood Fuel Price in Slovakia (CIF) - 2023
The average wood fuel import price stood at $84.1 per cubic meter in October 2023, picking up by 41% against the previous month. Overall, import price indicated mild growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, wood fuel import price increased by +45.8% against July 2023 indices. Over the period under review, average import prices attained the peak figure at $113 per cubic meter in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Bosnia and Herzegovina ($96.5 per cubic meter), while the price for Ukraine amounted to $83.3 per cubic meter.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Fuel Price in Slovakia (FOB) - 2023
In September 2023, the average wood fuel export price amounted to $68.3 per cubic meter, with an increase of 2.5% against the previous month. Over the period under review, the export price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in December 2022 an increase of 5.6% against the previous month. Over the period under review, the average export prices reached the peak figure at $146 per cubic meter in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Italy ($114 per cubic meter), while the average price for exports to Hungary ($40.6 per cubic meter) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.5%), while the prices for the other major destinations experienced a decline.
Wood Fuel Imports in Slovakia
In 2022, approx. 133K cubic meters of wood fuel were imported into Slovakia; waning by -2.3% compared with the previous year's figure. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, imports reached the peak of 136K cubic meters, and then reduced slightly in the following year.
In value terms, wood fuel imports soared to $9.4M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wood Fuel in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3.8 | 1.1 | 3.0 | 6.4 | 19.0% |
| Czech Republic | 2.5 | 3.8 | 2.9 | 1.9 | -8.7% |
| Ukraine | 0.2 | 0.2 | 0.5 | 0.8 | 58.7% |
| Others | 1.1 | 0.2 | 0.6 | 0.2 | -43.3% |
| Total | 7.6 | 5.3 | 7.1 | 9.4 | 7.3% |
Top Suppliers of Wood Fuel to Slovakia in 2022:
- Poland (107.2K cubic meters)
- Czech Republic (13.1K cubic meters)
- Ukraine (9.7K cubic meters)
Wood Fuel Exports in Slovakia
In 2022, overseas shipments of wood fuel decreased by -41.4% to 41K cubic meters, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by 22%. As a result, the exports attained the peak of 82K cubic meters. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, wood fuel exports dropped to $3.2M in 2022. Over the period under review, exports saw a abrupt decline. The smallest decline of -3.7% was in 2021. Over the period under review, the exports attained the peak figure at $4.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Wood Fuel in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 3,070 | 3,239 | 2,915 | 1,886 | -15.0% |
| Czech Republic | 618 | 338 | 342 | 504 | -6.6% |
| Poland | 42.2 | 85.0 | 323 | 303 | 92.9% |
| Germany | 44.2 | 21.7 | 75.1 | 220 | 70.7% |
| Spain | N/A | N/A | N/A | 86.2 | 0% |
| Belgium | N/A | 2.5 | 23.9 | 62.9 | 401.6% |
| Hungary | 122 | 78.6 | 38.2 | 54.9 | -23.4% |
| Italy | 160 | 97.7 | 1.5 | 24.5 | -46.5% |
| Others | 63.7 | N/A | N/A | 32.3 | -20.3% |
| Total | 4,120 | 3,862 | 3,718 | 3,174 | -8.3% |
Top Export Markets for Wood Fuel from Slovakia in 2022:
- Austria (19.8K cubic meters)
- Czech Republic (9.3K cubic meters)
- Poland (6.1K cubic meters)
- Germany (1.8K cubic meters)
- Spain (1.2K cubic meters)
- Belgium (0.9K cubic meters)
- Italy (0.7K cubic meters)
- Hungary (0.7K cubic meters)
This report provides an in-depth analysis of the wood fuel market in Slovakia. 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 1627 - Wood fuel, coniferous
- FCL 1628 - Wood fuel, non-coniferous
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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