Belarus: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Belarus

In 2020, the Belarusian wood fuel (non-coniferous) market increased by X% to $X, rising for the third consecutive year after three years of decline. In general, consumption recorded strong growth. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in the immediate term.

Wood Fuel (Non-Coniferous) Production in Belarus

In value terms, wood fuel (non-coniferous) production soared to $X in 2020 estimated in export prices. In general, production continues to indicate temperate growth. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% year-to-year. Wood fuel (non-coniferous) production peaked in 2020 and is expected to retain growth in the immediate term.

Wood Fuel (Non-Coniferous) Exports

Exports from Belarus

In 2020, the amount of wood fuel (non-coniferous) exported from Belarus declined notably to X cubic meters, which is down by -X% compared with the previous year. Overall, exports, however, continue to indicate perceptible growth. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Exports peaked at X cubic meters in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, wood fuel (non-coniferous) exports reduced dramatically to $X in 2020. Over the period under review, exports, however, showed a slight reduction. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Russia (X cubic meters) was the main destination for wood fuel (non-coniferous) exports from Belarus, with a X% share of total exports. Moreover, wood fuel (non-coniferous) exports to Russia exceeded the volume sent to the second major destination, Lithuania (X cubic meters), sixfold. The third position in this ranking was occupied by Azerbaijan (X cubic meters), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+X% per year) and Azerbaijan (+X% per year).

In value terms, Russia ($X) remains the key foreign market for wood fuel (non-coniferous) exports from Belarus, comprising X% of total exports. The second position in the ranking was occupied by Azerbaijan ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-X% per year) and Kazakhstan (-X% per year).

Export Prices by Country

In 2020, the average wood fuel (non-coniferous) export price amounted to $X per cubic meter, growing by X% against the previous year. Over the period under review, the export price, however, saw a noticeable downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by X% y-o-y. The export price peaked at $X per cubic meter in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Kazakhstan ($X per cubic meter), while the average price for exports to Estonia ($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 Kazakhstan, while the prices for the other major destinations experienced a decline.

Wood Fuel (Non-Coniferous) Imports

Imports into Belarus

For the fifth consecutive year, Belarus recorded growth in overseas purchases of wood fuel (non-coniferous), which increased by X% to X cubic meters in 2020. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, wood fuel (non-coniferous) imports rose remarkably to $X in 2020. Over the period under review, imports saw strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked in 2020 and are likely to see gradual growth in the near future.

Imports by Country

In 2020, Russia (X cubic meters) constituted the largest supplier of wood fuel (non-coniferous) to Belarus, with a X% share of total imports. It was followed by Denmark (X cubic meters), with a X% share of total imports. The third position in this ranking was occupied by Italy (X cubic meters), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Russia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Italy (+X% per year).

In value terms, Russia ($X) constituted the largest supplier of wood fuel (non-coniferous) to Belarus, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Russia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Denmark (+X% per year).

Import Prices by Country

In 2020, the average wood fuel (non-coniferous) import price amounted to $X per cubic meter, rising by X% against the previous year. In general, the import price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2009 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per cubic meter), while the price for Russia ($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 Russia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform