Australia: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2025

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

After five years of growth, the Australian market for wood chips, parts, residues, pellets and other agglomerates decreased by -3.2% to $X in 2021. Over the period under review, consumption, however, continues to indicate buoyant growth. Consumption of peaked at $X in 2020, and then reduced in the following year.

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

In value terms, production of wood chips, parts, residues, pellets and other agglomerates skyrocketed to $X in 2021 estimated in export price. In general, production, however, saw a notable increase. The pace of growth was the most pronounced in 2018 with an increase of 107% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production of growth failed to regain momentum.

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

Exports from Australia

In 2021, shipments abroad of wood chips, parts, residues, pellets and other agglomerates decreased by -67% to X cubic meters, falling for the fourth consecutive year after three years of growth. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 280% against the previous year. Over the period under review, the exports of reached the maximum at X cubic meters in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates shrank markedly to $X in 2021. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2015 when exports increased by 448% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X cubic meters), China (X cubic meters) and Taiwan (Chinese) (X cubic meters) were the main destinations of exports of wood chips, parts, residues, pellets and other agglomerates from Australia, with a combined 38% share of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of -20.9%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for wood chips, parts, residues, pellets and other agglomerates exported from Australia were Japan ($X), China ($X) and Taiwan (Chinese) ($X), together accounting for 41% of total exports.

China, with a CAGR of -18.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, dropping by -11.8% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for wood chips, parts, residues, pellets and other agglomerates decreased by -13.0% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per cubic meter in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per cubic meter), while the average price for exports to China ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Australia

Imports of wood chips, parts, residues, pellets and other agglomerates into Australia surged to X cubic meters in 2021, rising by 60% against 2020. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 70%. Over the period under review, imports of reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates skyrocketed to $X in 2021. In general, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 55% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the United States (X cubic meters) constituted the largest wood chips, parts, residues, pellets and other agglomerates supplier to Australia, accounting for a 30% share of total imports. Moreover, imports of wood chips, parts, residues, pellets and other agglomerates from the United States exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), twofold. China (X cubic meters) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+23.4% per year) and China (+55.6% per year).

In value terms, the largest wood chips, parts, residues, pellets and other agglomerates suppliers to Australia were the United States ($X), France ($X) and Germany ($X), with a combined 64% share of total imports. China, South Africa, New Zealand, Thailand and Malaysia lagged somewhat behind, together accounting for a further 20%.

In terms of the main suppliers, China, with a CAGR of +54.3%, saw 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 import price for wood chips, parts, residues, pellets and other agglomerates stood at $X per cubic meter in 2021, shrinking by -14.2% against the previous year. Overall, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of 34%. The import price peaked at $X per cubic meter in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per cubic meter), while the price for Thailand ($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 Malaysia (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :