China: Wood Residues Market 2024

Wood Residues Market Size in China

For the fifth consecutive year, the Chinese wood residues market recorded growth in sales value, which increased by X% to $X in 2020. In general, consumption recorded strong growth. Over the period under review, the market attained the maximum level in 2020 and is likely to see steady growth in the near future.

Wood Residues Production in China

In value terms, wood residues production totaled $X in 2020 estimated in export price. Over the period under review, production showed a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Wood residues production peaked in 2020 and is expected to retain growth in the immediate term.

Wood Residues Exports

Exports from China

In 2020, shipments abroad of wood residues decreased by X% to X cubic meters, falling for the fifth consecutive year after four years of growth. Over the period under review, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X cubic meters in 2015; however, from 2016 to 2020, the exports failed to regain momentum.

In value terms, wood residues exports declined to $X in 2020. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 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 China, together comprising X% 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, the largest markets for wood residues exported from China were Germany ($X), Belgium ($X) and Ukraine ($X), with a combined X% share of total exports. Canada, 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 rates of growth with regard to 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

The average wood residues export price stood at $X per cubic meter in 2020, picking up by X% against the previous year. In general, the export price showed a strong increase. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The export price peaked in 2020 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to Belarus ($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 China

In 2020, approx. X cubic meters of wood residues were imported into China; remaining constant against the year before. Overall, imports posted a resilient increase. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2020 and are likely to continue growth in years to come.

In value terms, wood residues imports reached $X in 2020. Over the period under review, total imports indicated a strong increase from 2012 to 2020: its value 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 2017 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in years to come.

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 China, with a combined X% share of total imports.

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

In value terms, France ($X), Austria ($X) and Germany ($X) appeared to be the largest wood residues suppliers to China, together accounting for X% of total imports. Belgium, the United States, Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Sweden and Slovakia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Norway, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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, rising by X% against the previous year. Over the period under review, the import price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2013; however, from 2014 to 2020, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Canada ($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 Norway (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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