Belgium: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Belgium

The Belgian wood fuel (non-coniferous) market shrank modestly to $X in 2020, with a decrease of -X% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Wood fuel (non-coniferous) consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Wood Fuel (Non-Coniferous) Production in Belgium

In value terms, wood fuel (non-coniferous) production declined modestly to $X in 2020 estimated in export prices. In general, the total production indicated a strong expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Wood Fuel (Non-Coniferous) Exports

Exports from Belgium

Wood fuel (non-coniferous) exports from Belgium shrank to X cubic meters in 2020, with a decrease of -X% against the year before. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Exports peaked at X cubic meters in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) exports surged to $X in 2020. In general, exports continue to indicate a abrupt contraction. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

France (X cubic meters), the Netherlands (X cubic meters) and Switzerland (X cubic meters) were the main destinations of wood fuel (non-coniferous) exports from Belgium, with a combined X% share of total exports. Luxembourg, the U.S., the UK and Denmark lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the U.S., while exports for the other leaders experienced a decline.

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

From 2007 to 2020, the average annual rate of growth in terms of value to France stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2020, the average wood fuel (non-coniferous) export price amounted to $X per cubic meter, increasing by X% against the previous year. In general, export price indicated a resilient increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, wood fuel (non-coniferous) export price increased by +X% against 2014 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was the U.S. ($X per cubic meter), while the average price for exports to Denmark ($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 the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports into Belgium

Wood fuel (non-coniferous) imports into Belgium shrank significantly to X cubic meters in 2020, waning by -X% on 2019. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2019 when imports increased by X% y-o-y. Imports peaked at X cubic meters in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) imports declined sharply to $X in 2020. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the Netherlands (X cubic meters) constituted the largest wood fuel (non-coniferous) supplier to Belgium, accounting for a X% share of total imports. Moreover, wood fuel (non-coniferous) imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Sweden (X cubic meters), threefold. Brazil (X cubic meters) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Brazil (-X% per year).

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

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

Import Prices by Country

In 2020, the average wood fuel (non-coniferous) import price amounted to $X per cubic meter, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per cubic meter), while the price for Sweden ($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 Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform