Europe: Market for Wood Pellets And Other Agglomerates 2024

Market Size for Wood Pellets And Other Agglomerates in Europe

The Europe market for wood pellets and other agglomerates rose markedly to $X in 2022, picking up by X% against the previous year. The total consumption indicated buoyant 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 2015 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Production of Wood Pellets And Other Agglomerates in Europe

In value terms, wood pellets and other agglomerates production declined to $X in 2022 estimated in export price. The total production indicated a remarkable increase 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, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Wood Pellets And Other Agglomerates

Exports in Europe

After four years of growth, shipments abroad of wood pellets and other agglomerates decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, wood pellets and other agglomerates exports surged to $X in 2022. Total exports indicated a resilient 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 2017 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Russia (X tons), Latvia (X tons), Estonia (X tons), Germany (X tons), Ukraine (X tons), Belgium (X tons), Austria (X tons), Belarus (X tons), Lithuania (X tons), Poland (X tons), Spain (X tons) and Portugal (X tons) was the key exporter of wood pellets and other agglomerates in Europe, mixing up X% of total export. The Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Ukraine (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Latvia ($X) and Estonia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Germany, Austria, Poland, Belgium, Lithuania, the Netherlands, Ukraine, Portugal, Spain and Belarus lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to 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 Europe amounted to $X per ton, surging by X% against the previous year. Export 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. 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 Austria ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Imports of Wood Pellets And Other Agglomerates

Imports in Europe

In 2022, wood pellets and other agglomerates imports in Europe stood at X tons, flattening at 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, wood pellets and other agglomerates imports soared to $X in 2022. Overall, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, the UK (X tons) represented the key importer of wood pellets and other agglomerates, committing X% of total imports. It was distantly followed by Italy (X tons), the Netherlands (X tons), Denmark (X tons) and Belgium (X tons), together mixing up a X% share of total imports. The following importers - France (X tons), Sweden (X tons), Germany (X tons), Austria (X tons), Poland (X tons) and Latvia (X tons) - together made up X% of total imports.

Imports into the UK increased at an average annual rate of X% from 2012 to 2022. At the same time, Latvia (X%), Italy (X%), the Netherlands (X%), France (X%), Denmark (X%) and Poland (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. By contrast, Austria (X%), Sweden (X%), Belgium (X%) and Germany (X%) illustrated a downward trend over the same period. The UK (X p.p.), Italy (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while Austria, Sweden, Germany and Belgium saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X), Italy ($X) and Denmark ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The Netherlands, Belgium, France, Germany, Austria, Poland, Latvia and Sweden lagged somewhat behind, together accounting for a further X%.

Latvia, 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 Europe stood at $X per ton in 2022, surging 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 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Italy ($X per ton), while Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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