Romania: Wood Fuel Market 2024

Wood Fuel Market Size in Romania

The Romanian wood fuel market reduced remarkably to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate strong growth. As a result, consumption attained the peak level of $X, and then fell markedly in the following year.

Wood Fuel Exports

Exports from Romania

In 2022, overseas shipments of wood fuel increased by X% to X cubic meters, rising for the second year in a row after seven years of decline. Over the period under review, exports, however, faced a abrupt curtailment. Over the period under review, the exports attained the peak figure at X cubic meters in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood fuel exports surged to $X in 2022. Overall, exports, however, continue to indicate a noticeable contraction. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X cubic meters), Hungary (X cubic meters) and Italy (X cubic meters) were the main destinations of wood fuel exports from Romania, with a combined X% share of total exports. Germany, Denmark, Spain and Austria lagged somewhat behind, together comprising a further X%.

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

In value terms, Slovakia ($X), Hungary ($X) and Italy ($X) were the largest markets for wood fuel exported from Romania worldwide, together comprising X% of total exports. Denmark, Germany, Spain and Austria lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded 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

In 2022, the average wood fuel export price amounted to $X per cubic meter, reducing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2021, and then declined dramatically in the following year.

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

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Wood Fuel Imports

Imports into Romania

Wood fuel imports into Romania declined sharply to X cubic meters in 2022, waning by X% on the previous year's figure. Over the period under review, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, wood fuel imports dropped markedly to $X in 2022. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, Ukraine (X cubic meters) constituted the largest supplier of wood fuel to Romania, with a X% share of total imports. Moreover, wood fuel imports from Ukraine exceeded the figures recorded by the second-largest supplier, the Czech Republic (X cubic meters), threefold. Slovakia (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ukraine totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Slovakia (X% per year).

In value terms, Ukraine ($X) constituted the largest supplier of wood fuel to Romania, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by Slovakia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ukraine totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Slovakia (X% per year).

Import Prices by Country

In 2022, the average wood fuel import price amounted to $X per cubic meter, jumping by X% against the previous year. Overall, the import price posted strong growth. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per cubic meter), while the price for Hungary ($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 the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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