Eastern Europe: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Eastern Europe

The East European wood fuel (non-coniferous) market was estimated at $X in 2020, growing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. The level of consumption peaked in 2020 and is likely to see gradual growth in the immediate term.

Wood Fuel (Non-Coniferous) Production in Eastern Europe

In value terms, wood fuel (non-coniferous) production expanded notably to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. The level of production peaked in 2020 and is likely to continue growth in the immediate term.

Production By Country in Eastern Europe

The countries with the highest volumes of wood fuel (non-coniferous) production in 2020 were Romania (X cubic meters), Ukraine (X cubic meters) and Russia (X cubic meters), with a combined X% share of total production. Estonia, Belarus, Hungary, Poland, Latvia, Bulgaria, Moldova and Lithuania lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of wood fuel (non-coniferous) production, amongst the main producing countries, was attained by Latvia, while wood fuel (non-coniferous) production for the other leaders experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Exports

Exports in Eastern Europe

In 2020, the amount of wood fuel (non-coniferous) exported in Eastern Europe contracted to X cubic meters, which is down by -X% compared with the year before. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. The volume of export peaked at X cubic meters in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, wood fuel (non-coniferous) exports fell to $X in 2020. The total export value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2019, and then reduced in the following year.

Exports by Country

In 2020, Poland (X cubic meters) represented the largest exporter of wood fuel (non-coniferous), achieving X% of total exports. Latvia (X cubic meters) took the second position in the ranking, followed by Russia (X cubic meters), Estonia (X cubic meters), Lithuania (X cubic meters), Romania (X cubic meters) and the Czech Republic (X cubic meters). All these countries together held near X% share of total exports.

Poland experienced a relatively flat trend pattern with regard to volume of exports of wood fuel (non-coniferous). At the same time, Latvia (+X%) and Estonia (+X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2020. Lithuania and Russia experienced a relatively flat trend pattern. By contrast, Romania (-X%) and the Czech Republic (-X%) illustrated a downward trend over the same period. Latvia (+X p.p.) and Estonia (+X p.p.) significantly strengthened its position in terms of the total exports, while Romania and the Czech Republic saw its share reduced by -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest wood fuel (non-coniferous) supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was occupied by Estonia ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

In Poland, wood fuel (non-coniferous) exports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Estonia (+X% per year) and Lithuania (+X% per year).

Export Prices by Country

The wood fuel (non-coniferous) export price in Eastern Europe stood at $X per cubic meter in 2020, standing approx. at the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. The level of export peaked at $X per cubic meter in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Czech Republic ($X per cubic meter), while Russia ($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 the Czech Republic, while the other leaders experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports in Eastern Europe

Wood fuel (non-coniferous) imports contracted to X cubic meters in 2020, dropping by -X% against 2019 figures. In general, imports showed a pronounced curtailment. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. As a result, imports reached the peak of X cubic meters. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) imports contracted slightly to $X in 2020. Overall, imports showed a pronounced reduction. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the five major importers of wood fuel (non-coniferous), namely Slovakia, the Czech Republic, Romania, Hungary and Poland, represented more than two-thirds of total import. Estonia (X cubic meters) took a X% share (based on tons) of total imports, which put it in second place, followed by Belarus (X%), Lithuania (X%) and Latvia (X%).

From 2007 to 2020, the biggest increases were in Belarus, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), the Czech Republic ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2020, together comprising X% of total imports. These countries were followed by Romania, Latvia, Hungary, Estonia, Lithuania and Belarus, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The wood fuel (non-coniferous) import price in Eastern Europe stood at $X per cubic meter in 2020, picking up by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2012 an increase of X% year-to-year. Over the period under review, import prices attained the maximum at $X per cubic meter in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Slovakia ($X per cubic meter), while Belarus ($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 Poland, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform