Austria: Market for Wood Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Residues, Pellets And Other Agglomerates in Austria

The Austrian market for wood residues, pellets and other agglomerates expanded notably to $X in 2021, rising by 14% against the previous year. Over the period under review, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +85.5% against 2016 indices. Consumption of peaked in 2021 and is expected to retain growth in the immediate term.

Production of Wood Residues, Pellets And Other Agglomerates in Austria

In value terms, production of wood residues, pellets and other agglomerates reduced to $X in 2021 estimated in export price. In general, the total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +84.0% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 25% against the previous year. Production of peaked at $X in 2020, and then reduced in the following year.

Exports of Wood Residues, Pellets And Other Agglomerates

Exports from Austria

In 2021, overseas shipments of wood residues, pellets and other agglomerates decreased by -5.8% to X cubic meters, falling for the third consecutive year after seven years of growth. In general, total exports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +3.8% 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 -25.7% against 2018 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 24% against the previous year. The exports peaked at X cubic meters in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of wood residues, pellets and other agglomerates rose remarkably to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 28% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Italy (X cubic meters) was the main destination for exports of wood residues, pellets and other agglomerates from Austria, with a 74% share of total exports. Moreover, exports of wood residues, pellets and other agglomerates to Italy exceeded the volume sent to the second major destination, Germany (X cubic meters), eightfold. The third position in this ranking was held by the Czech Republic (X cubic meters), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.8% per year) and the Czech Republic (+9.1% per year).

In value terms, Italy ($X) remains the key foreign market for wood residues, pellets and other agglomerates exports from Austria, comprising 81% of total exports. The second position in the ranking was taken by Germany ($X), with a 7% share of total exports. It was followed by Slovenia, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy amounted to +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-0.2% per year) and Slovenia (+35.5% per year).

Export Prices by Country

The average export price for wood residues, pellets and other agglomerates stood at $X per cubic meter in 2021, with an increase of 16% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for wood residues, pellets and other agglomerates increased by +60.6% against 2016 indices. The growth pace was the most rapid in 2020 an increase of 16% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Slovenia ($X per cubic meter), while the average price for exports to the Czech Republic ($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 Slovenia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Residues, Pellets And Other Agglomerates

Imports into Austria

In 2021, overseas purchases of wood residues, pellets and other agglomerates decreased by -3.3% to X cubic meters, falling for the third consecutive year after two years of growth. Overall, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.3% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 42%. Imports peaked at X cubic meters in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of wood residues, pellets and other agglomerates rose notably to $X in 2021. The total import value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 50%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Germany (X cubic meters) constituted the largest supplier of wood residues, pellets and other agglomerates to Austria, with a 51% share of total imports. Moreover, imports of wood residues, pellets and other agglomerates from Germany exceeded the figures recorded by the second-largest supplier, Slovakia (X cubic meters), fourfold. The third position in this ranking was taken by the Czech Republic (X cubic meters), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+23.6% per year) and the Czech Republic (+5.2% per year).

In value terms, the largest wood residues, pellets and other agglomerates suppliers to Austria were Germany ($X), the Czech Republic ($X) and Romania ($X), together comprising 74% of total imports. These countries were followed by Slovenia, Slovakia, Hungary, Switzerland and Croatia, which together accounted for a further 19%.

Slovenia, with a CAGR of +11.8%, recorded 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 2021, the average import price for wood residues, pellets and other agglomerates amounted to $X per cubic meter, picking up by 11% against the previous year. Overall, the import price, however, recorded a perceptible reduction. The import price peaked at $X per cubic meter in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per cubic meter), while the price for Switzerland (less than $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 Slovenia (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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