Eastern Europe: Market for Wood Pellets And Other Agglomerates 2024

Market Size for Wood Pellets And Other Agglomerates in Eastern Europe

In 2022, the East European market for wood pellets and other agglomerates increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption continues to indicate prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Wood Pellets And Other Agglomerates in Eastern Europe

In value terms, wood pellets and other agglomerates production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, saw resilient growth. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; afterwards, it flattened through to 2022.

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Exports of Wood Pellets And Other Agglomerates

Exports in Eastern Europe

After ten years of growth, overseas shipments of wood pellets and other agglomerates decreased by X% to X tons in 2022. Total exports indicated a prominent 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. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then reduced remarkably in the following year.

In value terms, wood pellets and other agglomerates exports expanded markedly to $X in 2022. Overall, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The biggest shipments were from Russia (X tons), Latvia (X tons) and Estonia (X tons), together resulting at X% of total export. Ukraine (X tons) held the next position in the ranking, followed by Belarus (X tons), Lithuania (X tons), Poland (X tons) and the Czech Republic (X tons). All these countries together held approx. X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Latvia ($X) and Estonia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Poland, Lithuania, the Czech Republic, Ukraine and Belarus lagged somewhat behind, together comprising a further X%.

Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries 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 ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Imports of Wood Pellets And Other Agglomerates

Imports in Eastern Europe

In 2022, after four years of growth, there was significant decline in supplies from abroad of wood pellets and other agglomerates, when their volume decreased by X% to X tons. Total imports indicated a tangible expansion 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, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then contracted in the following year.

In value terms, wood pellets and other agglomerates imports surged to $X in 2022. Overall, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

Poland (X tons) and Latvia (X tons) represented roughly X% of total imports in 2022. Lithuania (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Bulgaria (X%), the Czech Republic (X%) and Romania (X%). Slovakia (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

Romania, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Import price indicated strong growth from 2012 to 2022: its price 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, wood pellets and other agglomerates import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per ton), while Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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