Europe: Market for Wood Chips And Particles 2025

Market Size for Wood Chips And Particles in Europe

In 2022, the Europe wood chips and particles market increased by 2% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Wood Chips And Particles in Europe

In value terms, wood chips and particles production dropped slightly to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.1% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of 39%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Wood Chips And Particles

Exports in Europe

In 2022, approx. X cubic meters of wood chips and particles were exported in Europe; picking up by 14% on the year before. Total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 18%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, wood chips and particles exports soared to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X cubic meters), Belarus (X cubic meters) and Latvia (X cubic meters) represented roughly 57% of total exports in 2022. Germany (X cubic meters) ranks next in terms of the total exports with a 9.8% share, followed by Slovenia (6.5%). The following exporters - Estonia (X cubic meters), Belgium (X cubic meters), Norway (X cubic meters), Sweden (X cubic meters), France (X cubic meters), Spain (X cubic meters), the Czech Republic (X cubic meters) and Austria (X cubic meters) - together made up 18% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +19.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Russia ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2022, with a combined 44% share of total exports. Belarus, France, Slovenia, Estonia, Belgium, Sweden, Austria, the Czech Republic, Norway and Spain lagged somewhat behind, together comprising a further 37%.

Belgium, with a CAGR of +16.0%, saw the highest rates of growth with regard to the value of exports, in terms of 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 Europe stood at $X per cubic meter in 2022, rising by 15% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The level of export peaked at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.6%), while the other leaders experienced more modest paces of growth.

Imports of Wood Chips And Particles

Imports in Europe

In 2022, supplies from abroad of wood chips and particles decreased by -11.7% to X cubic meters, falling for the third year in a row after four years of growth. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 17% against the previous year. The volume of import peaked at X cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wood chips and particles imports soared to $X in 2022. Total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.6% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 30% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Denmark (X cubic meters), Sweden (X cubic meters), Finland (X cubic meters), Poland (X cubic meters), Portugal (X cubic meters) and Austria (X cubic meters) was the largest importer of wood chips and particles in Europe, generating 66% of total import. It was distantly followed by Italy (X cubic meters), France (X cubic meters) and Belgium (X cubic meters), together creating a 15% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belgium (with a CAGR of +24.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips and particles importing markets in Europe were Portugal ($X), Denmark ($X) and Finland ($X), together comprising 41% of total imports. Sweden, Austria, France, Poland, Belgium and Italy lagged somewhat behind, together accounting for a further 34%.

Belgium, with a CAGR of +19.1%, saw the highest growth rate of the value of imports, among 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 Europe stood at $X per cubic meter in 2022, growing by 38% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per cubic meter), while Poland ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform