Italy: Market for Wood Pellets And Other Agglomerates 2024

Market Size for Wood Pellets And Other Agglomerates in Italy

After two years of decline, the Italian market for wood pellets and other agglomerates increased by X% to $X in 2022. Over the period under review, consumption posted a resilient increase. 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 Italy

In value terms, wood pellets and other agglomerates production fell to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced curtailment. 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 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Wood Pellets And Other Agglomerates

Exports from Italy

In 2022, overseas shipments of wood pellets and other agglomerates increased by X% to X tons, rising for the second year in a row after four years of decline. In general, exports posted slight growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, wood pellets and other agglomerates exports expanded sharply to $X in 2022. Over the period under review, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), the UK (X tons) and Switzerland (X tons) were the main destinations of wood pellets and other agglomerates exports from Italy, together comprising X% of total exports. Romania, Bulgaria, Austria, Belgium, Japan, Brazil, the Netherlands, Spain, Ireland and Slovenia lagged somewhat behind, together accounting for a further X%.

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

In value terms, France ($X), the UK ($X) and Bulgaria ($X) were the largest markets for wood pellets and other agglomerates exported from Italy worldwide, together accounting for X% of total exports. Switzerland, Romania, Austria, Brazil, Spain, the Netherlands, Belgium, Japan, Ireland and Slovenia lagged somewhat behind, together comprising a further X%.

Ireland, with a CAGR of X%, saw 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 export price for wood pellets and other agglomerates stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price, however, recorded resilient growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Pellets And Other Agglomerates

Imports into Italy

After two years of decline, supplies from abroad of wood pellets and other agglomerates increased by X% to X tons in 2022. Over the period under review, total imports indicated prominent growth 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood pellets and other agglomerates imports skyrocketed to $X in 2022. In general, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Croatia (X tons), Austria (X tons) and Slovenia (X tons) were the main suppliers of wood pellets and other agglomerates imports to Italy, together accounting for X% of total imports. Brazil, Germany, Poland, Lithuania, the Czech Republic, Slovakia, France, Latvia, Spain and Turkey lagged somewhat behind, together accounting for a further X%.

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

In value terms, Croatia ($X), Austria ($X) and Brazil ($X) appeared to be the largest wood pellets and other agglomerates suppliers to Italy, together accounting for X% of total imports.

In terms of the main suppliers, Brazil, 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 average import price for wood pellets and other agglomerates stood at $X per ton in 2022, picking up by X% against the previous year. In general, import price indicated a strong increase 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 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for Turkey ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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