Australia: Market for Wood Chips And Particles 2025

Market Size for Wood Chips And Particles in Australia

In 2022, the Australian wood chips and particles market decreased by -48.9% to $X, falling for the third consecutive year after five years of growth. Overall, consumption showed a pronounced downturn. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Wood Chips And Particles in Australia

In value terms, wood chips and particles production dropped to $X in 2022 estimated in export price. Overall, production, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 88%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Wood Chips And Particles

Exports from Australia

For the third year in a row, Australia recorded growth in overseas shipments of wood chips and particles, which increased by 15% to X cubic meters in 2022. In general, exports recorded a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of 181%. Over the period under review, the exports hit record highs at X cubic meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, wood chips and particles exports surged to $X in 2022. Overall, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 +84.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X cubic meters) was the main destination for wood chips and particles exports from Australia, with a less than 0.1% share of total exports. Moreover, wood chips and particles exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, Tanzania (X cubic meters), fourfold. The third position in this ranking was taken by China (X cubic meters), with less than 0.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Taiwan (Chinese) amounted to -45.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+19.4% per year) and China (-59.8% per year).

In value terms, Tanzania ($X), Taiwan (Chinese) ($X) and China ($X) were the largest markets for wood chips and particles exported from Australia worldwide, together accounting for 0.2% of total exports. Vietnam, Thailand, the United States, Chile and Japan lagged somewhat behind, together comprising a further 0.1%.

In terms of the main countries of destination, Vietnam, with a CAGR of +425.5%, saw 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 2022, the average wood chips and particles export price amounted to $X per cubic meter, approximately equating the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2015 an increase of 257% against the previous year. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per cubic meter), while the average price for exports to Japan ($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 China (+40.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips And Particles

Imports into Australia

In 2022, the amount of wood chips and particles imported into Australia amounted to X cubic meters, surging by 13% compared with the previous year's figure. Overall, imports posted strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by 63%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, wood chips and particles imports reached $X in 2022. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States (X cubic meters), China (X cubic meters) and Germany (X cubic meters) were the main suppliers of wood chips and particles imports to Australia, together comprising 71% of total imports. France, Latvia, the UK and New Zealand lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +56.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips and particles suppliers to Australia were the United States ($X), France ($X) and China ($X), together comprising 88% of total imports.

In terms of the main suppliers, China, with a CAGR of +36.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood chips and particles import price stood at $X per cubic meter in 2022, waning by -11.1% against the previous year. Over the period under review, the import price showed a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of 65% against the previous year. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per cubic meter), while the price for the UK ($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 Germany (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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