Canada: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Canada

In 2020, the Canadian wood fuel (non-coniferous) market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. Wood fuel (non-coniferous) consumption peaked at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Wood Fuel (Non-Coniferous) Production in Canada

In value terms, wood fuel (non-coniferous) production soared to $X in 2020 estimated in export prices. Overall, production continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Wood fuel (non-coniferous) production peaked at $X in 2015; however, from 2016 to 2020, production failed to regain the momentum.

Wood Fuel (Non-Coniferous) Exports

Exports from Canada

In 2020, approx. X cubic meters of wood fuel (non-coniferous) were exported from Canada; increasing by X% on the previous year. Overall, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X cubic meters in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, wood fuel (non-coniferous) exports expanded notably to $X in 2020. Over the period under review, exports, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X cubic meters) was the main destination for wood fuel (non-coniferous) exports from Canada, with a X% share of total exports. It was followed by the Netherlands (X cubic meters), with a X% share of total exports.

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

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

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

Export Prices by Country

In 2020, the average wood fuel (non-coniferous) export price amounted to $X per cubic meter, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure in 2020 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2020, the country with the highest price was Japan ($X per cubic meter), while the average price for exports to the Netherlands ($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 Japan, while the prices for the other major destinations experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports into Canada

In 2020, imports of wood fuel (non-coniferous) into Canada contracted significantly to X cubic meters, which is down by -X% on the previous year. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. As a result, imports attained the peak of X cubic meters. from 2009 to 2020, the growth imports failed to regain the momentum.

In value terms, wood fuel (non-coniferous) imports fell rapidly to $X in 2020. Overall, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

The U.S. (X cubic meters), China (X cubic meters) and Brazil (X cubic meters) were the main suppliers of wood fuel (non-coniferous) imports to Canada, with a combined X% share of total imports. Malaysia, Indonesia, Belarus and Italy lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Belarus, while purchases for the other leaders experienced a decline.

In value terms, the U.S. ($X), China ($X) and Brazil ($X) appeared to be the largest wood fuel (non-coniferous) suppliers to Canada, together accounting for X% of total imports. Malaysia, Indonesia, Belarus and Italy lagged somewhat behind, together comprising a further X the main suppliers, Belarus saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average wood fuel (non-coniferous) import price stood at $X per cubic meter in 2020, approximately mirroring the previous year. In general, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per cubic meter in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Italy ($X per cubic meter) and the U.S. ($X per cubic meter), while the price for Belarus ($X per cubic meter) and China ($X per cubic meter) were 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 a decline.

Source: IndexBox Platform