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Norway - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Wood Fuel Market Overview 2021

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Wood Fuel Market Size in Norway

After two years of growth, the Norwegian wood fuel market decreased by -X% to $X in 2020. In general, consumption continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2019 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X, and then contracted remarkably in the following year.

Wood Fuel Production in Norway

In value terms, wood fuel production declined significantly to $X in 2020 estimated in export prices. Over the period under review, production saw a perceptible decrease. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. As a result, production attained the peak level of $X, and then dropped dramatically in the following year.

Wood Fuel Exports

Exports from Norway

In 2020, approx. X cubic meters of wood fuel were exported from Norway; waning by -X% compared with the previous year. Overall, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Exports peaked at X cubic meters in 2019, and then declined notably in the following year.

In value terms, wood fuel exports shrank remarkably to $X in 2020. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked at $X in 2019, and then fell rapidly in the following year.

Exports by Country

Denmark (X cubic meters), Germany (X cubic meters) and Sweden (X cubic meters) were the main destinations of wood fuel exports from Norway, together comprising X% of total exports.

From 2012 to 2020, the biggest increases were in Denmark (+X% per year), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for wood fuel exported from Norway were Denmark ($X), Germany ($X) and Sweden ($X), with a combined X% share of total exports.

Denmark (+X% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average wood fuel export price stood at $X per cubic meter in 2020, growing by X% against the previous year. Overall, the export price, however, continues to indicate a mild decline. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Denmark ($X per cubic meter), while the average price for exports to Sweden ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced a decline.

Wood Fuel Imports

Imports into Norway

In 2020, purchases abroad of wood fuel decreased by -X% to X cubic meters for the first time since 2015, thus ending a four-year rising trend. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Imports peaked at X cubic meters in 2019, and then plummeted in the following year.

In value terms, wood fuel imports contracted significantly to $X in 2020. Overall, total imports indicated a slight increase from 2012 to 2020: its value increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019, and then declined significantly in the following year.

Imports by Country

Estonia (X cubic meters), Russia (X cubic meters) and Sweden (X cubic meters) were the main suppliers of wood fuel imports to Norway, with a combined X% share of total imports.

From 2012 to 2020, the biggest increases were in Russia, while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest wood fuel suppliers to Norway were Estonia ($X), Russia ($X) and Sweden ($X), together accounting for X% of total imports.

In terms of the main suppliers, Russia saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wood fuel import price stood at $X per cubic meter in 2020, increasing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $X per cubic meter in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Estonia ($X per cubic meter) and Latvia ($X per cubic meter), while the price for Russia ($X per cubic meter) and Sweden ($X per cubic meter) were amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Latvia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood fuel in the world?
+
The countries with the highest volumes of wood fuel consumption in 2020 were India (302M cubic meters), China (157M cubic meters) and Brazil (124M cubic meters), together accounting for 30% of global consumption. Ethiopia, Democratic Republic of the Congo, the U.S., Nigeria, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan lagged somewhat behind, together comprising a further 30%.
What are the largest producers of wood fuel in the world?
+
The countries with the highest volumes of wood fuel production in 2020 were India (302M cubic meters), China (157M cubic meters) and Brazil (124M cubic meters), together comprising 30% of global production. These countries were followed by Ethiopia, Democratic Republic of the Congo, the U.S., Nigeria, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan, which together accounted for a further 30%.
What are the leading suppliers of wood fuel to Norway?
+
In value terms, Estonia ($5.9M), Russia ($3.9M) and Sweden ($2.3M) constituted the largest wood fuel suppliers to Norway, with a combined 81% share of total imports.
What are the leading importers of wood fuel from Norway?
+
In value terms, Denmark ($456K), Germany ($256K) and Sweden ($75K) appeared to be the largest markets for wood fuel exported from Norway worldwide, with a combined 99% share of total exports.
What is the average export price for wood fuel in Norway?
+
In 2020, the average wood fuel export price amounted to $29 per cubic meter, picking up by 43% against the previous year.
What is the average import price for wood fuel in Norway?
+
In 2020, the average wood fuel import price amounted to $118 per cubic meter, with an increase of 15% against the previous year.

Product coverage:
• FCL 1627 - Wood fuel, coniferous (production)
• FCL 1628 - Wood fuel, non-coniferous (production)

This report provides an in-depth analysis of the wood fuel market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Norway

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Norway
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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