Australia: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in Australia

In 2021, the Australian market for wood chips, particles and residues decreased by -X% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, recorded a remarkable increase. Over the period under review, the market attained the peak level at $X in 2020, and then shrank in the following year.

Production of Wood Chips, Particles And Residues in Australia

In value terms, wood chips, particles and residues production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Wood Chips, Particles And Residues

Exports from Australia

In 2021, shipments abroad of wood chips, particles and residues increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, showed a noticeable descent. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, wood chips, particles and residues exports soared to $X in 2021. Over the period under review, total exports indicated modest growth from 2012 to 2021: its value decreased at an average annual rate of -X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2018 indices. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons), Japan (X tons) and Taiwan (Chinese) (X tons) were the main destinations of wood chips, particles and residues exports from Australia, with a combined X% share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +X%), while the other leaders experienced a decline.

In value terms, China ($X), Japan ($X) and Taiwan (Chinese) ($X) constituted the largest markets for wood chips, particles and residues exported from Australia worldwide, with a combined X% share of total exports.

Among the main countries of destination, China, 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 leaders experienced a decline.

Export Prices by Country

The average export price for wood chips, particles and residues stood at $X per ton in 2020, reducing by -X% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019, and then contracted in the following year.

Average prices varied noticeably for the major foreign markets. In 2020, the country with the highest price was China ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports into Australia

In 2021, approx. X tons of wood chips, particles and residues were imported into Australia; dropping by -X% on the previous year. Over the period under review, imports showed a mild curtailment. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, wood chips, particles and residues imports surged to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X tons), Germany (X kg) and France (X kg) were the main suppliers of wood chips, particles and residues imports to Australia, together accounting for X% of total imports. Canada, China, Ireland and the UK lagged somewhat behind, together accounting for a further X 2012 to 2020, the biggest increases were in Ireland (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips, particles and residues suppliers to Australia were France ($X), the United States ($X) and Germany ($X), with a combined X% share of total imports. Canada, China, Ireland and the UK lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other 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 ton in 2020, falling by -X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2020, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Canada (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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