Portugal: Wood Residues Market 2024

Wood Residues Market Size in Portugal

In 2020, the Portuguese wood residues market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption continues to indicate a abrupt descent. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2020, consumption failed to regain momentum.

Wood Residues Production in Portugal

In value terms, wood residues production declined to $X in 2020 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid 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 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

Wood Residues Exports

Exports from Portugal

In 2020, overseas shipments of wood residues decreased by X% to X cubic meters, falling for the fifth consecutive year after two years of growth. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X cubic meters in 2015; however, from 2016 to 2020, the exports remained at a lower figure.

In value terms, wood residues exports dropped to $X in 2020. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2020, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X cubic meters), Poland (X cubic meters) and Ukraine (X cubic meters) were the main destinations of wood residues exports from Portugal, with a combined X% share of total exports.

From 2012 to 2020, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for wood residues exported from Portugal were Germany ($X), Belgium ($X) and Ukraine ($X), together accounting for X% of total exports. Canada, Austria, Vietnam, Spain, Poland, France, Norway, the Czech Republic, Croatia and Belarus lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Poland, with a CAGR of X%, recorded the highest growth rate of 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 2020, the average wood residues export price amounted to $X per cubic meter, increasing by X% against the previous year. Over the period under review, the export price enjoyed prominent growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2020 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to Belarus ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Residues Imports

Imports into Portugal

For the ninth consecutive year, Portugal recorded growth in overseas purchases of wood residues, which increased by X% to X cubic meters in 2020. Overall, total imports indicated strong growth from 2012 to 2020: its volume 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. Based on 2020 figures, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports attained the peak figure in 2020 and are likely to see gradual growth in the near future.

In value terms, wood residues imports totaled $X in 2020. Over the period under review, imports, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to Portugal, together accounting for X% of total imports. Germany, Italy, Norway, Canada, Sweden, the Netherlands, Poland, the United States, Slovakia and Lithuania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood residues suppliers to Portugal were France ($X), Austria ($X) and Germany ($X), together comprising X% of total imports. Belgium, the United States, Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Sweden and Slovakia lagged somewhat behind, together comprising a further X%.

Norway, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average wood residues import price amounted to $X per cubic meter, which is down by X% against the previous year. Overall, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2019 a decrease of X%. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2020, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Canada ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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