Canada: Wood Residues Market 2024

Wood Residues Market Size in Canada

The Canadian wood residues market reached $X in 2020, flattening at the previous year. The market value increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market attained the maximum level in 2020 and is likely to see gradual growth in years to come.

Wood Residues Production in Canada

In value terms, wood residues production stood at $X in 2020 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2016; afterwards, it flattened through to 2020.

Wood Residues Exports

Exports from Canada

For the third consecutive year, Canada recorded decline in overseas shipments of wood residues, which decreased by X% to X cubic meters in 2020. Overall, exports faced a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X cubic meters in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

In value terms, wood residues exports reduced to $X in 2020. In general, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

Exports by Country

Germany (X cubic meters), Poland (X cubic meters) and Ukraine (X cubic meters) were the main destinations of wood residues exports from Canada, with a combined X% share of total exports.

From 2012 to 2020, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Ukraine ($X) appeared to be the largest markets for wood residues exported from Canada worldwide, together comprising X% of total exports. The Netherlands, Austria, Vietnam, Spain, Poland, France, Norway, the Czech Republic, Croatia and Belarus lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average wood residues export price amounted to $X per cubic meter, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per cubic meter in 2016; however, from 2017 to 2020, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per cubic meter), while the average price for exports to Belarus ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Residues Imports

Imports into Canada

In 2020, the amount of wood residues imported into Canada stood at X cubic meters, increasing by X% on 2019. Overall, total imports indicated buoyant growth from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked in 2020 and are likely to see gradual growth in years to come.

In value terms, wood residues imports shrank to $X in 2020. In general, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to Canada, together accounting for X% of total imports. Germany, Italy, Norway, the Netherlands, Poland, the United States, Slovakia, Lithuania, Finland and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Austria ($X) and Germany ($X) constituted the largest wood residues suppliers to Canada, with a combined X% share of total imports. Belgium, the United States, Norway, Italy, Switzerland, the Netherlands, Lithuania, Poland, Slovakia and Finland lagged somewhat behind, together comprising a further X%.

Switzerland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood residues import price stood at $X per cubic meter in 2020, falling by X% against the previous year. Overall, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2014 to 2020, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Finland ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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