EU: Densified Wood Market 2025

Densified Wood Market Size in the EU

The EU densified wood market surged to $X in 2022, rising by 19% against the previous year. The market value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Densified Wood Production in the EU

In value terms, densified wood production rose slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 34% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Densified Wood Exports

Exports in the EU

For the fifth year in a row, the European Union recorded growth in shipments abroad of densified wood, which increased by 3.3% to X tons in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +9.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +136.9% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, densified wood exports rose notably to $X in 2022. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, Latvia (X tons), distantly followed by Poland (X tons), the Netherlands (X tons), Germany (X tons), Belgium (X tons), Croatia (X tons) and Romania (X tons) were the major exporters of densified wood, together generating 77% of total exports. The following exporters - Spain (X tons), Italy (X tons), Estonia (X tons), France (X tons), Portugal (X tons) and Bulgaria (X tons) - together made up 20% of total exports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +33.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest densified wood supplying countries in the European Union were Poland ($X), Germany ($X) and Latvia ($X), together comprising 41% of total exports.

In terms of the main exporting countries, Latvia, with a CAGR of +41.5%, saw the highest growth rate of 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 export price in the European Union stood at $X per ton in 2022, surging by 9.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+12.1%), while the other leaders experienced more modest paces of growth.

Densified Wood Imports

Imports in the EU

In 2022, approx. X tons of densified wood were imported in the European Union; picking up by 4.2% on 2021 figures. Overall, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, densified wood imports expanded significantly to $X in 2022. In general, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons), France (X tons) and Germany (X tons) was the main importer of densified wood in the European Union, making up 48% of total import. Poland (X tons) ranks next in terms of the total imports with a 9.1% share, followed by Denmark (8.7%), Hungary (5.5%), Italy (5.1%) and Spain (4.8%).

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +27.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest densified wood importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 46% share of total imports. Poland, Italy, Denmark, Hungary and Spain lagged somewhat behind, together comprising a further 30%.

Hungary, with a CAGR of +16.8%, saw 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

In 2022, the import price in the European Union amounted to $X per ton, picking up by 8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 22%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :