Greece: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in Greece

In 2021, the Greek market for wood chips, particles and residues increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a pronounced descent. Wood chips, particles and residues consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Wood Chips, Particles And Residues in Greece

In value terms, wood chips, particles and residues production reduced remarkably to $X in 2021 estimated in export price. In general, production continues to indicate tangible growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Exports of Wood Chips, Particles And Residues

Exports from Greece

In 2021, the amount of wood chips, particles and residues exported from Greece shrank to X kg, with a decrease of -X% compared with the year before. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wood chips, particles and residues exports dropped markedly to $X in 2021. Over the period under review, exports recorded a dramatic slump. The smallest decline of -X% was in 2018. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X kg), Poland (X kg) and Ukraine (X kg) were the main destinations of wood chips, particles and residues exports from Greece, with a combined X% share of total exports.

From 2012 to 2020, the biggest increases were in Poland (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Germany ($X) and Belgium ($X) appeared to be the largest markets for wood chips, particles and residues exported from Greece worldwide, with a combined X% share of total exports.

Bulgaria, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for wood chips, particles and residues stood at $X per ton in 2020, reducing by -X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2020, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Belarus ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+X%), while the prices for the other major destinations experienced a decline.

Imports of Wood Chips, Particles And Residues

Imports into Greece

For the third year in a row, Greece recorded decline in purchases abroad of wood chips, particles and residues, which decreased by -X% to X tons in 2021. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, wood chips, particles and residues imports fell remarkably to $X in 2021. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Bulgaria (X tons) constituted the largest wood chips, particles and residues supplier to Greece, with a X% share of total imports. Moreover, wood chips, particles and residues imports from Bulgaria exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. Austria (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2020, the average annual growth rate of volume from Bulgaria stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Austria (+X% per year).

In value terms, Bulgaria ($X), France ($X) and Austria ($X) were the largest wood chips, particles and residues suppliers to Greece, with a combined X% share of total imports. These countries were followed by Germany, Belgium, Norway, Italy, the Netherlands, Sweden and Canada, which together accounted for a further X the main suppliers, Norway, with a CAGR of +X%, 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 2020, the average import price for wood chips, particles and residues amounted to $X per ton, rising by X% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, wood chips, particles and residues import price increased by +X% against 2018 indices. 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 supplying countries. In 2020, the country with the highest price was Norway ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Bulgaria (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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