EU: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2025

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in the EU

The EU market for wood chips, parts, residues, pellets and other agglomerates reached $X in 2021, with an increase of 13% against the previous year. The total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in the EU

In value terms, production of wood chips, parts, residues, pellets and other agglomerates amounted to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.2% against 2019 indices. The growth pace was the most rapid in 2018 when the production volume increased by 28%. The level of production peaked at $X in 2019; afterwards, it flattened through to 2021.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports in the EU

In 2021, overseas shipments of wood chips, parts, residues, pellets and other agglomerates increased by 4.6% to X cubic meters, rising for the sixth consecutive year after two years of decline. The total export volume increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 10% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates rose remarkably to $X in 2021. Total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +62.0% against 2016 indices. The pace of growth was the most pronounced in 2013 when exports increased by 26% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Latvia (X cubic meters), Germany (X cubic meters) and Estonia (X cubic meters) represented roughly 43% of total exports in 2021. It was distantly followed by Austria (X cubic meters), Belgium (X cubic meters) and the Czech Republic (X cubic meters), together mixing up a 16% share of total exports. Slovenia (X cubic meters), Poland (X cubic meters), Denmark (X cubic meters), Lithuania (X cubic meters), France (X cubic meters), Croatia (X cubic meters) and Sweden (X cubic meters) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Denmark (with a CAGR of +23.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips, parts, residues, pellets and other agglomerates supplying countries in the European Union were Latvia ($X), Germany ($X) and Estonia ($X), together comprising 37% of total exports. These countries were followed by Austria, Belgium, Poland, Denmark, Lithuania, the Czech Republic, Slovenia, Sweden, Croatia and France, which together accounted for a further 43%.

Among the main exporting countries, Denmark, with a CAGR of +26.4%, recorded 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 cubic meter in 2021, surging by 1.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2018 when the export price increased by 17%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per cubic meter), while the Czech Republic ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.9%), while the other leaders experienced more modest paces of growth.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports in the EU

In 2021, the amount of wood chips, parts, residues, pellets and other agglomerates imported in the European Union totaled X cubic meters, picking up by 8.9% on the year before. The total import volume increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 17%. Over the period under review, imports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates expanded remarkably to $X in 2021. Total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.3% against 2016 indices. The pace of growth was the most pronounced in 2018 when imports increased by 30% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in years to come.

Imports by Country

The purchases of the twelve major importers of wood chips, parts, residues, pellets and other agglomerates, namely Denmark, the Netherlands, Finland, Austria, Italy, Germany, Sweden, Latvia, Poland, Belgium, France and Lithuania, represented more than two-thirds of total import.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +39.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), the Netherlands ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2021, with a combined 47% share of total imports. These countries were followed by France, Finland, Germany, Belgium, Austria, Sweden, Latvia, Poland and Lithuania, which together accounted for a further 41%.

In terms of the main importing countries, Latvia, with a CAGR of +30.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per cubic meter, therefore, remained relatively stable against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by 11%. The level of import peaked at $X per cubic meter in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per cubic meter), while Poland (less than $X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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