Australia: Wood Residues Market 2022

Wood Residues Market Size in Australia

In 2020, the Australian wood residues market increased by X% to $X, rising for the fifth year in a row after three years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Wood Residues Production in Australia

In value terms, wood residues production totaled $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% y-o-y. Wood residues production peaked at $X in 2012; however, from 2013 to 2020, production failed to regain the momentum.

Wood Residues Exports

Exports from Australia

In 2020, shipments abroad of wood residues decreased by -X% to X cubic meters, falling for the sixth year in a row after six years of growth. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X cubic meters in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, wood residues exports soared to $X in 2020. Over the period under review, exports showed a prominent expansion. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X cubic meters), Poland (X cubic meters) and Ukraine (X cubic meters) were the main destinations of wood residues exports from Australia, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Ukraine, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Ukraine ($X) constituted the largest markets for wood residues exported from Australia worldwide, with a combined X% share of total exports. These countries were followed by Canada, Austria, Vietnam, Spain, Poland, France, Norway, Croatia, Belarus and Slovakia, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wood residues export price stood at $X per cubic meter in 2020, jumping by X% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per cubic meter), while the average price for exports to Belarus ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced more modest paces of growth.

Wood Residues Imports

Imports into Australia

In 2020, imports of wood residues into Australia dropped sharply to X cubic meters, with a decrease of -X% on the previous year. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at X cubic meters in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, wood residues imports rose modestly to $X in 2020. In general, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to Australia, with a combined X% share of total imports. These countries were followed by Germany, Italy, Norway, Canada, Sweden, the Netherlands, Poland, the U.S., Lithuania and Slovakia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia, while imports for the other leaders experienced a decline.

In value terms, France ($X), Austria ($X) and Germany ($X) constituted the largest wood residues suppliers to Australia, with a combined X% share of total imports. These countries were followed by Belgium, the U.S., Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Sweden and Slovakia, which together accounted for a further X saw the highest growth rate of 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

In 2020, the average wood residues import price amounted to $X per cubic meter, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a significant increase. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The import price peaked in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per cubic meter), while the price for Canada ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Norway, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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