Overview of the Global Market for Wood Chips, Particles And Residues

Market Size for Wood Chips, Particles And Residues

The global market for wood chips, particles and residues stood at $X in 2021, leveling off at the previous year. Overall, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by X% against 2012 indices. Over the period under review, the global market reached the maximum level in 2021 and is likely to see steady growth in years to come.

Production of Wood Chips, Particles And Residues

In value terms, wood chips, particles and residues production shrank notably to $X in 2021 estimated in export price. Over the period under review, production recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2021, global production growth remained at a somewhat lower figure.

Exports of Wood Chips, Particles And Residues

Exports

For the third year in a row, the global market recorded decline in overseas shipments of wood chips, particles and residues, which decreased by X% to X cubic meters in 2021. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports attained the peak of X cubic meters. From 2019 to 2021, the growth of the global exports remained at a somewhat lower figure.

In value terms, wood chips, particles and residues exports declined to $X in 2021. Overall, exports showed a mild setback. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The global exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Vietnam (X cubic meters), distantly followed by Australia (X cubic meters), the United States (X cubic meters), Russia (X cubic meters), Chile (X cubic meters), Belarus (X cubic meters) and Latvia (X cubic meters) represented the key exporters of wood chips, particles and residues, together mixing up X% of total exports. Brazil (X cubic meters), Germany (X cubic meters), Estonia (X cubic meters), Thailand (X cubic meters), South Africa (X cubic meters) and Uruguay (X cubic meters) took a little share of total exports.

Exports from Vietnam increased at an average annual rate of X% from 2012 to 2021. At the same time, Belarus (X%), Estonia (X%), Brazil (X%), Russia (X%) and Uruguay (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2021. By contrast, Latvia (X%), Chile (X%), South Africa (X%), the United States (X%), Germany (X%), Australia (X%) and Thailand (X%) illustrated a downward trend over the same period. Vietnam (X p.p.), Belarus (X p.p.), Russia (X p.p.), Brazil (X p.p.) and Estonia (X p.p.) significantly strengthened its position in terms of the global exports, while the United States, Thailand and Australia saw its share reduced by X%, X% and X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), Australia ($X) and Chile ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for X% of global exports. The United States, Thailand, Brazil, Russia, South Africa, Latvia, Germany, Belarus, Estonia and Uruguay lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Belarus, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for wood chips, particles and residues stood at $X per cubic meter in 2021, with a decrease of X% against the previous year. Over the period under review, the export price recorded a slight slump. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per cubic meter. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per cubic meter), while Uruguay ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other global leaders experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports

In 2021, purchases abroad of wood chips, particles and residues decreased by X% to X cubic meters, falling for the third year in a row after seven years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X cubic meters. From 2019 to 2021, the growth of global imports failed to regain momentum.

In value terms, wood chips, particles and residues imports fell slightly to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of global imports remained at a somewhat lower figure.

Imports by Country

China (X cubic meters) and Japan (X cubic meters) represented roughly X% of total imports in 2021. It was distantly followed by Finland (X cubic meters), mixing up a X% share of total imports. The following importers - Canada (X cubic meters), Sweden (X cubic meters), Poland (X cubic meters), Denmark (X cubic meters), Portugal (X cubic meters), Austria (X cubic meters), Lithuania (X cubic meters), Taiwan (Chinese) (X cubic meters), South Korea (X cubic meters) and Italy (X cubic meters) - together made up X% of total imports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest wood chips, particles and residues importing markets worldwide were China ($X), Japan ($X) and Finland ($X), with a combined X% share of global imports. Portugal, Denmark, Sweden, Canada, Taiwan (Chinese), South Korea, Austria, Poland, Italy and Lithuania lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Denmark, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for wood chips, particles and residues stood at $X per cubic meter in 2021, picking up by X% against the previous year. Overall, the import price, however, showed a slight setback. The pace of growth appeared the most rapid in 2018 an increase of X%. Global import price peaked at $X per cubic meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per cubic meter), while Poland ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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