EU: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in the EU

In 2020, the EU wood fuel (non-coniferous) market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. The level of consumption peaked at $X in 2019, and then shrank in the following year.

Wood Fuel (Non-Coniferous) Production in the EU

In value terms, wood fuel (non-coniferous) production shrank modestly 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; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019, and then reduced slightly in the following year.

Production By Country in the EU

The countries with the highest volumes of wood fuel (non-coniferous) production in 2020 were France (X cubic meters), Germany (X cubic meters) and Italy (X cubic meters), together comprising X% of total production. These countries were followed by Romania, Finland, Sweden, Estonia, Hungary, Poland, Croatia, Latvia, Bulgaria and the Netherlands, which together accounted for a further X 2007 to 2020, the biggest increases were in the Netherlands, while wood fuel (non-coniferous) production for the other leaders experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Exports

Exports in the EU

In 2020, shipments abroad of wood fuel (non-coniferous) decreased by -X% to X cubic meters for the first time since 2017, thus ending a two-year rising trend. Overall, exports showed a perceptible reduction. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs 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. In general, exports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. 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

In 2020, Poland (X cubic meters), distantly followed by Croatia (X cubic meters), Italy (X cubic meters), Latvia (X cubic meters), Denmark (X cubic meters), the Netherlands (X cubic meters) and Estonia (X cubic meters) were the largest exporters of wood fuel (non-coniferous), together committing X% of total exports. The following exporters - Lithuania (X cubic meters), Romania (X cubic meters), Germany (X cubic meters), Belgium (X cubic meters), Austria (X cubic meters) and the Czech Republic (X cubic meters) - together made up X% 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%), Estonia (+X%) and Denmark (+X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2020. Lithuania and Croatia experienced a relatively flat trend pattern. By contrast, Italy (-X%), Romania (-X%), Austria (-X%), the Netherlands (-X%), the Czech Republic (-X%), Germany (-X%) and Belgium (-X%) illustrated a downward trend over the same period. Poland (+X p.p.), Latvia (+X p.p.), Croatia (+X p.p.), Denmark (+X p.p.), Estonia (+X p.p.) and Lithuania (+X p.p.) significantly strengthened its position in terms of the total exports, while Germany and Belgium 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, the largest wood fuel (non-coniferous) supplying countries in the European Union were Poland ($X), Italy ($X) and Croatia ($X), with a combined X% share of total exports. Germany, Estonia, Denmark, Lithuania, the Netherlands, Belgium, Austria, the Czech Republic, Romania and Latvia lagged somewhat behind, together comprising a further X the main exporting countries, Latvia recorded the highest rates of growth with regard to 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

In 2020, the wood fuel (non-coniferous) export price in the European Union amounted to $X per cubic meter, rising by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the export price increased by X% year-to-year. Over the period under review, export prices reached the peak figure in 2020 and is likely to continue growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per cubic meter), while Latvia ($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 Belgium, while the other leaders experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports in the EU

In 2020, the amount of wood fuel (non-coniferous) imported in the European Union shrank rapidly to X cubic meters, waning by -X% compared with 2019. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. 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 fell to $X in 2020. Over the period under review, imports showed a abrupt decrease. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. from 2009 to 2020, the growth imports remained at a lower figure.

Imports by Country

France (X cubic meters) and Germany (X cubic meters) were the main importers of wood fuel (non-coniferous) in 2020, reaching near X% and X% of total imports, respectively. Spain (X cubic meters) held the next position in the ranking, followed by the Netherlands (X cubic meters), Italy (X cubic meters) and Denmark (X cubic meters). All these countries together held approx. X% share of total imports. The following importers - Austria (X cubic meters), Slovakia (X cubic meters), Sweden (X cubic meters), Belgium (X cubic meters), the Czech Republic (X cubic meters), Romania (X cubic meters) and Hungary (X cubic meters) - together made up X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Denmark, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood fuel (non-coniferous) importing markets in the European Union were France ($X), Germany ($X) and Italy ($X), with a combined X% share of total imports. Austria, the Netherlands, Denmark, Sweden, Slovakia, Spain, Belgium, the Czech Republic, Romania and Hungary lagged somewhat behind, together comprising a further X the main importing countries, Denmark saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2020, the wood fuel (non-coniferous) import price in the European Union amounted to $X per cubic meter, rising by X% against the previous year. In general, the import price showed a slight expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2020 and is likely to see steady growth in years to come.

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

Source: IndexBox Platform