Belgium: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Belgium

The Belgian wood chips and particles market skyrocketed to $X in 2022, rising by 84% against the previous year. Over the period under review, consumption continues to indicate a strong expansion. Wood chips and particles consumption peaked in 2022 and is likely to continue growth in the near future.

Production of Wood Chips And Particles in Belgium

In value terms, wood chips and particles production surged to $X in 2022 estimated in export price. In general, production posted a prominent expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Wood Chips And Particles

Exports from Belgium

In 2022, approx. X cubic meters of wood chips and particles were exported from Belgium; surging by 33% on 2021. Overall, exports posted a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 106%. As a result, the exports attained the peak of X cubic meters. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, wood chips and particles exports soared to $X in 2022. Over the period under review, exports continue to indicate strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X cubic meters), France (X cubic meters) and Germany (X cubic meters) were the main destinations of wood chips and particles exports from Belgium, with a combined 98% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +37.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood chips and particles exported from Belgium were France ($X), the Netherlands ($X) and Germany ($X), together comprising 95% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +32.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wood chips and particles export price stood at $X per cubic meter in 2022, growing by 13% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 48% against the previous year. The export price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per cubic meter), while the average price for exports to Germany ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood Chips And Particles

Imports into Belgium

In 2022, overseas purchases of wood chips and particles increased by 108% to X cubic meters, rising for the sixth consecutive year after two years of decline. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood chips and particles imports surged to $X in 2022. Overall, imports saw strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, France (X cubic meters) constituted the largest supplier of wood chips and particles to Belgium, with a 52% share of total imports. Moreover, wood chips and particles imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X cubic meters), threefold. Germany (X cubic meters) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from France totaled +61.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+21.8% per year) and Germany (+23.0% per year).

In value terms, the largest wood chips and particles suppliers to Belgium were the Netherlands ($X), Germany ($X) and France ($X), with a combined 85% share of total imports. Luxembourg lagged somewhat behind, accounting for a further 11%.

Luxembourg, with a CAGR of +38.4%, 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

The average wood chips and particles import price stood at $X per cubic meter in 2022, picking up by 9.5% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 53% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per cubic meter), while the price for France ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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