Luxembourg: Market for Wood Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Residues, Pellets And Other Agglomerates in Luxembourg

In 2022, after six years of growth, there was significant decline in the Luxembourg market for wood residues, pellets and other agglomerates, when its value decreased by X% to $X. In general, consumption, however, saw a strong expansion. Consumption of peaked at $X in 2021, and then declined remarkably in the following year.

Production of Wood Residues, Pellets And Other Agglomerates in Luxembourg

In value terms, production of wood residues, pellets and other agglomerates expanded slightly to $X in 2022 estimated in export price. In general, production recorded a buoyant increase. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Wood Residues, Pellets And Other Agglomerates

Exports from Luxembourg

In 2022, shipments abroad of wood residues, pellets and other agglomerates was finally on the rise to reach X cubic meters after four years of decline. Over the period under review, exports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X cubic meters in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wood residues, pellets and other agglomerates contracted slightly to $X in 2022. Overall, total exports 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, exports decreased by X% against 2017 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X cubic meters), Belgium (X cubic meters) and France (X cubic meters) were the main destinations of exports of wood residues, pellets and other agglomerates from Luxembourg, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for wood residues, pellets and other agglomerates exported from Luxembourg were Germany ($X), France ($X) and Belgium ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Germany, 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 mixed trend patterns.

Export Prices by Country

In 2022, the average export price for wood residues, pellets and other agglomerates amounted to $X per cubic meter, waning by X% against the previous year. In general, export 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, export price for wood residues, pellets and other agglomerates decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per cubic meter in 2021, and then fell in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per cubic meter), while the average price for exports to the Netherlands ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood Residues, Pellets And Other Agglomerates

Imports into Luxembourg

In 2022, after two years of growth, there was significant decline in overseas purchases of wood residues, pellets and other agglomerates, when their volume decreased by X% to X cubic meters. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X cubic meters in 2021, and then fell dramatically in the following year.

In value terms, imports of wood residues, pellets and other agglomerates declined sharply to $X in 2022. Over the period under review, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2021, and then plummeted in the following year.

Imports by Country

In 2022, Belgium (X cubic meters) constituted the largest supplier of wood residues, pellets and other agglomerates to Luxembourg, accounting for a X% share of total imports. Moreover, imports of wood residues, pellets and other agglomerates from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), twofold.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of wood residues, pellets and other agglomerates to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average import price for wood residues, pellets and other agglomerates amounted to $X per cubic meter, with a decrease of X% against the previous year. Overall, the import price saw a abrupt slump. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per cubic meter), while the price for France (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 Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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