Eastern Europe: Market for Wood Chips, Particles And Residues 2024

Market Size for Wood Chips, Particles And Residues in Eastern Europe

The East European market for wood chips, particles and residues rose modestly to $X in 2021, surging by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Wood Chips, Particles And Residues in Eastern Europe

In value terms, wood chips, particles and residues production fell markedly to $X in 2021 estimated in export price. Overall, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Wood Chips, Particles And Residues

Exports in Eastern Europe

In 2021, shipments abroad of wood chips, particles and residues decreased by X% to X cubic meters for the first time since 2015, thus ending a five-year rising trend. Total exports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 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 2020, and then fell dramatically in the following year.

In value terms, wood chips, particles and residues exports fell rapidly to $X in 2021. Overall, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Russia (X cubic meters), Belarus (X cubic meters) and Latvia (X cubic meters), together resulting at X% of total export. It was distantly followed by Estonia (X cubic meters), generating an X% share of total exports. The following exporters - Slovakia (X cubic meters), Lithuania (X cubic meters) and Ukraine (X cubic meters) - each finished at a X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belarus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Latvia ($X) and Belarus ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for X% of total exports.

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

Export Prices by Country

The export price in Eastern Europe stood at $X per cubic meter in 2021, dropping by X% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per cubic meter. From 2014 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Lithuania ($X per cubic meter), while Belarus ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Wood Chips, Particles And Residues

Imports in Eastern Europe

In 2021, overseas purchases of wood chips, particles and residues decreased by X% to X cubic meters for the first time since 2011, thus ending a nine-year rising trend. In general, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2020, and then declined significantly in the following year.

In value terms, wood chips, particles and residues imports reduced sharply to $X in 2021. Over the period under review, imports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Poland was the major importing country with an import of about X cubic meters, which amounted to X% of total imports. Lithuania (X cubic meters) ranks second in terms of the total imports with a X% share, followed by Latvia (X%) and Romania (X%). The Czech Republic (X cubic meters) and Hungary (X cubic meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips, particles and residues importing markets in Eastern Europe were Poland ($X), Lithuania ($X) and Romania ($X), together accounting for X% of total imports.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per cubic meter in 2021, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt shrinkage. Over the period under review, import prices attained the maximum at $X per cubic meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per cubic meter), while Latvia ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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