Belgium: Wood Fuel Market 2024

Wood Fuel Market Size in Belgium

In 2022, the Belgian wood fuel market increased by X% to $X, rising for the second consecutive year after eight years of decline. In general, consumption, however, showed a abrupt descent. Wood fuel consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Wood Fuel Production in Belgium

In value terms, wood fuel production totaled $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. Over the period under review, production hit record highs in 2022 and is likely to see gradual growth in years to come.

Wood Fuel Exports

Exports from Belgium

In 2022, wood fuel exports from Belgium skyrocketed to X cubic meters, jumping by X% against the previous year's figure. Over the period under review, exports saw resilient growth. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, wood fuel exports soared to $X in 2022. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X cubic meters) was the main destination for wood fuel exports from Belgium, accounting for a X% share of total exports. Moreover, wood fuel exports to France exceeded the volume sent to the second major destination, Luxembourg (X cubic meters), threefold. The Netherlands (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (X% per year) and the Netherlands (X% per year).

In value terms, France ($X) remains the key foreign market for wood fuel exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by Luxembourg ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average wood fuel export price amounted to $X per cubic meter, increasing by X% against the previous year. Overall, the export price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per cubic meter), while the average price for exports to Denmark ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced a decline.

Wood Fuel Imports

Imports into Belgium

Wood fuel imports into Belgium shrank notably to X cubic meters in 2022, waning by X% against 2021 figures. Over the period under review, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X cubic meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wood fuel imports expanded markedly to $X in 2022. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X cubic meters) constituted the largest wood fuel supplier to Belgium, accounting for a X% share of total imports. Moreover, wood fuel imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Luxembourg (X cubic meters), twofold. France (X cubic meters) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (X% per year) and France (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of wood fuel to Belgium, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average wood fuel import price amounted to $X per cubic meter, growing by X% against the previous year. Overall, the import price recorded a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per cubic meter), while the price for France ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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