Overview of the Global Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates

The global market for wood chips, parts, residues, pellets and other agglomerates skyrocketed to $X in 2022, rising by X% against the previous year. In general, the total consumption indicated a resilient increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

In value terms, production of wood chips, parts, residues, pellets and other agglomerates reached $X in 2022 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Global production peaked at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports

In 2022, the amount of wood chips, parts, residues, pellets and other agglomerates exported worldwide reduced to X cubic meters, falling by X% on the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The global exports peaked at X cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates expanded markedly to $X in 2022. Overall, total exports indicated prominent growth from 2012 to 2022: its value 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 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The global exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, the United States (X cubic meters), followed by Vietnam (X cubic meters), Australia (X cubic meters), Latvia (X cubic meters), Russia (X cubic meters) and Canada (X cubic meters) represented the key exporters of wood chips, parts, residues, pellets and other agglomerates, together mixing up X% of total exports. The following exporters - Germany (X cubic meters), Estonia (X cubic meters), Brazil (X cubic meters), Thailand (X cubic meters), Chile (X cubic meters), South Africa (X cubic meters) and Belarus (X cubic meters) - together made up X% 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 Estonia (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest wood chips, parts, residues, pellets and other agglomerates supplying countries worldwide were the United States ($X), Vietnam ($X) and Australia ($X), together accounting for X% of global exports. Canada, Latvia, Thailand, Germany, Estonia, Brazil, South Africa, Chile, Belarus and Russia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Belarus, with a CAGR of X%, recorded 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

In 2022, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per cubic meter), while Russia (less than $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 Thailand (X%), while the other global leaders experienced more modest paces of growth.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports

In 2022, overseas purchases of wood chips, parts, residues, pellets and other agglomerates increased by X% to X cubic meters, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Global imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates soared to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, global imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X cubic meters) and Japan (X cubic meters) represented the largest importers of wood chips, parts, residues, pellets and other agglomerates in 2022, recording approx. X% and X% of total imports, respectively. The UK (X cubic meters) ranks next in terms of the total imports with a X% share, followed by Denmark (X%) and the Netherlands (X%). Finland (X cubic meters), Austria (X cubic meters), Italy (X cubic meters), Germany (X cubic meters), Sweden (X cubic meters), Poland (X cubic meters), France (X cubic meters) and Belgium (X cubic meters) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (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, parts, residues, pellets and other agglomerates importing markets worldwide were China ($X), Japan ($X) and the UK ($X), together comprising X% of global imports.

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

Import Prices by Country

In 2022, the average import price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

Source: IndexBox Platform

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