Report Update Feb 1, 2025

Greece - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Wood Fuel Market 2025

Wood Fuel Market Size in Greece

In 2022, the Greek wood fuel market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Wood Fuel Production in Greece

In value terms, wood fuel production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 57% against the previous year. 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.

Wood Fuel Exports

Exports from Greece

In 2022, the amount of wood fuel exported from Greece reached X cubic meters, approximately reflecting 2021 figures. Over the period under review, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 225% against the previous year. Over the period under review, the exports attained the peak figure at X cubic meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood fuel exports declined to $X in 2022. In general, exports, however, continue to indicate a pronounced reduction. The growth pace was the most rapid in 2018 with an increase of 149%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Albania (X cubic meters) was the main destination for wood fuel exports from Greece, accounting for a 99% share of total exports. It was followed by Bulgaria (X cubic meters), with a 0.8% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Albania stood at +61.9%.

In value terms, Albania ($X) remains the key foreign market for wood fuel exports from Greece, comprising 92% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a 6.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Albania totaled +51.1%.

Export Prices by Country

In 2022, the average wood fuel export price amounted to $X per cubic meter, waning by -14.1% against the previous year. Over the period under review, the export price saw a abrupt decrease. The growth pace was the most rapid in 2020 an increase of 48% against the previous year. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per cubic meter), while the average price for exports to Albania totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+11.5%).

Wood Fuel Imports

Imports into Greece

In 2022, supplies from abroad of wood fuel increased by 38% to X cubic meters for the first time since 2012, thus ending a nine-year declining trend. Overall, imports, however, saw a abrupt decrease. Imports peaked at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, wood fuel imports surged to $X in 2022. Over the period under review, imports, however, showed a abrupt contraction. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Bulgaria (X cubic meters) was the main supplier of wood fuel to Greece, accounting for a 97% share of total imports. It was followed by Albania (X cubic meters), with a 1.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bulgaria stood at -11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Albania (-32.7% per year) and Serbia (-49.2% per year).

In value terms, Bulgaria ($X) constituted the largest supplier of wood fuel to Greece, comprising 93% of total imports. The second position in the ranking was taken by Albania ($X), with a 1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Bulgaria amounted to -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Albania (-29.7% per year) and Serbia (-50.0% per year).

Import Prices by Country

The average wood fuel import price stood at $X per cubic meter in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 19%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($X per cubic meter), while the price for Serbia ($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 Albania (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood fuel in the world?

The countries with the highest volumes of wood fuel consumption in 2021 were India, China and Brazil, together accounting for 30% of global consumption. These countries were followed by Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan, which together accounted for a further 30%.

What are the largest producers of wood fuel in the world?

The countries with the highest volumes of wood fuel production in 2021 were India, China and Brazil, with a combined 30% share of global production. These countries were followed by Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan, which together accounted for a further 30%.

What are the leading suppliers of wood fuel to Greece?

In value terms, Bulgaria constituted the largest supplier of wood fuel to Greece, comprising 88% of total imports. The second position in the ranking was occupied by Cyprus, with a 4.9% share of total imports.

What are the leading importers of wood fuel from Greece?

In value terms, Albania remains the key foreign market for wood fuel exports from Greece, comprising 64% of total exports. The second position in the ranking was occupied by Qatar, with a 17% share of total exports.

What is the average export price for wood fuel in Greece?

The average wood fuel export price stood at $21 per cubic meter in 2021, with an increase of 15% against the previous year.

What is the average import price for wood fuel in Greece?

The average wood fuel import price stood at $58 per cubic meter in 2021, increasing by 19% against the previous year.

This report provides an in-depth analysis of the wood fuel market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1627 - Wood fuel, coniferous (production)
FCL 1628 - Wood fuel, non-coniferous (production)

Country coverage:

Greece

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Greece
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024