Eastern Europe: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Eastern Europe

The East European market for wood chips, parts, residues, pellets and other agglomerates stood at $X in 2022, with an increase of X% against the previous year. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Eastern Europe

In value terms, production of wood chips, parts, residues, pellets and other agglomerates shrank to $X in 2022 estimated in export price. Overall, production, however, posted a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports in Eastern Europe

In 2022, shipments abroad of wood chips, parts, residues, pellets and other agglomerates decreased by X% to X cubic meters, falling for the third consecutive year after eight years of growth. Total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2020 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates stood at $X in 2022. Total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2013 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

In 2022, Latvia (X cubic meters) and Russia (X cubic meters) represented the major exporters of wood chips, parts, residues, pellets and other agglomerates in Eastern Europe, together recording near X% of total exports. Estonia (X cubic meters) took the next position in the ranking, followed by Belarus (X cubic meters), Ukraine (X cubic meters), the Czech Republic (X cubic meters), Poland (X cubic meters) and Lithuania (X cubic meters). All these countries together took approx. X% share of total exports.

From 2012 to 2022, 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 wood chips, parts, residues, pellets and other agglomerates supplying countries in Eastern Europe were Latvia ($X), Estonia ($X) and Poland ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Poland, with a CAGR of X%, saw 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

In 2022, the export price in Eastern Europe amounted to $X per cubic meter, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per cubic meter), while Russia (less than $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 Ukraine (X%), while the other leaders experienced more modest paces of growth.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports in Eastern Europe

Imports of wood chips, parts, residues, pellets and other agglomerates amounted to X cubic meters in 2022, increasing by X% on the year before. In general, imports saw strong growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates rose significantly to $X in 2022. Over the period under review, imports posted a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

The purchases of the three major importers of wood chips, parts, residues, pellets and other agglomerates, namely Poland, Latvia and Lithuania, represented more than two-thirds of total import. The Czech Republic (X cubic meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Romania (X%). Slovakia (X cubic meters), Bulgaria (X cubic meters) and Estonia (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, 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, Poland ($X), Latvia ($X) and Lithuania ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Bulgaria, Romania, the Czech Republic, Slovakia and Estonia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Romania, with a CAGR of X%, recorded the highest growth rate of 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 import price in Eastern Europe stood at $X per thousand cubic meters in 2022, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable downturn. The growth pace was the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per thousand cubic meters in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($X per thousand cubic meters), while Estonia ($X per thousand cubic meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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