Scandinavia: Wood Fuel Market 2024

Wood Fuel Market Size in Scandinavia

In 2022, the Scandinavia wood fuel market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption posted a tangible increase. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.

Wood Fuel Production in Scandinavia

In value terms, wood fuel production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X,000% against the previous year. Over the period under review, production hit record highs in 2022 and is likely to see steady growth in years to come.

Wood Fuel Exports

Exports in Scandinavia

For the third year in a row, Scandinavia recorded growth in overseas shipments of wood fuel, which increased by X% to X cubic meters in 2022. Total exports indicated strong 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. Based on 2022 figures, exports increased by X% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood fuel exports surged to $X in 2022. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Finland (X cubic meters) and Sweden (X cubic meters) represented the main exporters of wood fuel in 2022, resulting at approx. X% and X% of total exports, respectively. It was followed by Norway (X cubic meters), making up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Norway (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the largest wood fuel supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

In Sweden, wood fuel exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per cubic meter, picking up by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per cubic meter), while Finland ($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 Norway (X%), while the other leaders experienced mixed trends in the export price figures.

Wood Fuel Imports

Imports in Scandinavia

In 2022, approx. X cubic meters of wood fuel were imported in Scandinavia; jumping by X% on the previous year's figure. In general, imports, however, showed a slight reduction. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, wood fuel imports surged to $X in 2022. Over the period under review, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Sweden (X cubic meters) represented the largest importer of wood fuel, generating X% of total imports. It was distantly followed by Norway (X cubic meters) and Finland (X cubic meters), together creating a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Norway ($X) constitutes the largest market for imported wood fuel in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Norway amounted to X%. In the other countries, the average annual rates were as follows: Sweden (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per cubic meter, surging by X% against the previous year. Over the period under review, the import price recorded buoyant growth. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per cubic meter), while Sweden ($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 Finland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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