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

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

The EU market for wood residues, pellets and other agglomerates was estimated at $X in 2021, increasing by 4.7% against the previous year. The market value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2021.

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

In value terms, production of wood residues, pellets and other agglomerates declined to $X in 2021 estimated in export price. The total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +55.7% against 2016 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 26%. The level of production peaked at $X in 2020, and then contracted in the following year.

Exports of Wood Residues, Pellets And Other Agglomerates

Exports in the EU

In 2021, exports of wood residues, pellets and other agglomerates in the European Union rose to X cubic meters, growing by 2.1% compared with the previous year's figure. The total export volume increased at an average annual rate of +5.1% 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 2013 with an increase of 16%. Over the period under review, the exports of reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, exports of wood residues, pellets and other agglomerates expanded rapidly to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +70.7% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 32%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Latvia (X cubic meters) and Germany (X cubic meters) represented roughly 36% of total exports in 2021. It was distantly followed by Estonia (X cubic meters), Austria (X cubic meters), Belgium (X cubic meters), Sweden (X cubic meters) and Poland (X cubic meters), together comprising a 30% share of total exports. The Czech Republic (X cubic meters), Portugal (X cubic meters), the Netherlands (X cubic meters), Denmark (X cubic meters), France (X cubic meters) and Lithuania (X cubic meters) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Denmark (with a CAGR of +24.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest wood residues, pellets and other agglomerates supplying countries in the European Union were Latvia ($X), Germany ($X) and Estonia ($X), with a combined 35% share of total exports. Austria, Belgium, Poland, the Netherlands, Denmark, Lithuania, the Czech Republic, Portugal, Sweden and France lagged somewhat behind, together comprising a further 49%.

Denmark, with a CAGR of +31.0%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries 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, growing by 4.7% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 when the export price increased by 15%. The level of export peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Denmark ($X per cubic meter), while France ($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 (+7.0%), while the other leaders experienced more modest paces of growth.

Imports of Wood Residues, Pellets And Other Agglomerates

Imports in the EU

In 2021, after two years of decline, there was growth in overseas purchases of wood residues, pellets and other agglomerates, when their volume increased by 2.8% to X cubic meters. The total import volume increased at an average annual rate of +2.8% over the period 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 with an increase of 16% against the previous year. As a result, imports reached the peak of X cubic meters. From 2019 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of wood residues, pellets and other agglomerates amounted to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +84.4% against 2016 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 30% against the previous year. Over the period under review, imports of hit record highs in 2021 and are likely to see gradual growth in the near future.

Imports by Country

The purchases of the three major importers of wood residues, pellets and other agglomerates, namely Denmark, the Netherlands and Italy, represented more than third of total import. Germany (X cubic meters) took the next position in the ranking, followed by Austria (X cubic meters), Belgium (X cubic meters) and France (X cubic meters). All these countries together held approx. 30% share of total imports. Latvia (X cubic meters), Sweden (X cubic meters), Lithuania (X cubic meters), the Czech Republic (X cubic meters), Slovakia (X cubic meters) and Slovenia (X cubic meters) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +33.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood residues, pellets and other agglomerates importing markets in the European Union were the Netherlands ($X), Denmark ($X) and Italy ($X), together comprising 55% of total imports. These countries were followed by France, Germany, Belgium, Austria, Latvia, Slovenia, Sweden, Lithuania, the Czech Republic and Slovakia, which together accounted for a further 36%.

Latvia, with a CAGR of +32.1%, 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

The import price in the European Union stood at $X per cubic meter in 2021, growing by 6.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2018 when the import price increased by 12% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

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 ($X per cubic meter), while Slovakia ($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 Slovenia (+7.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :