Ireland: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in Ireland

The Irish market for wood chips, particles and residues rose to $X in 2021, picking up by X% against the previous year. Overall, consumption, however, saw a buoyant increase. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Production of Wood Chips, Particles And Residues in Ireland

In value terms, wood chips, particles and residues production contracted remarkably to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Wood Chips, Particles And Residues

Exports from Ireland

In 2021, after two years of growth, there was significant decline in overseas shipments of wood chips, particles and residues, when their volume decreased by -X% to X tons. Overall, exports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wood chips, particles and residues exports contracted sharply to $X in 2021. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then reduced notably in the following year.

Exports by Country

The UK (X tons) was the main destination for wood chips, particles and residues exports from Ireland, with a X% share of total exports. Moreover, wood chips, particles and residues exports to the UK exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The third position in this ranking was occupied by Poland (X tons), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to the UK stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Poland (+X% per year).

In value terms, Germany ($X), Belgium ($X) and Ukraine ($X) were the largest markets for wood chips, particles and residues exported from Ireland worldwide, together accounting for X% of total exports. These countries were followed by the UK, Austria, Vietnam, Spain, Poland, France, Norway, the Czech Republic, Croatia and Belarus, which together accounted for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to 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

In 2020, the average export price for wood chips, particles and residues amounted to $X per ton, standing approx. at the previous year. Overall, the export price, however, saw significant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($X per ton), while the average price for exports to the UK ($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 Vietnam (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports into Ireland

In 2021, approx. X tons of wood chips, particles and residues were imported into Ireland; which is down by -X% compared with 2020 figures. In general, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then declined dramatically in the following year.

In value terms, wood chips, particles and residues imports fell markedly to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.

Imports by Country

Brazil (X tons), Australia (X tons) and the UK (X tons) were the main suppliers of wood chips, particles and residues imports to Ireland, together comprising X% of total imports. South Africa, France, Austria, the Netherlands, Belgium and Germany lagged somewhat behind, together comprising a further X 2012 to 2020, the biggest increases were in South Africa (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), the Netherlands ($X) and Brazil ($X) were the largest wood chips, particles and residues suppliers to Ireland, with a combined X% share of total imports. These countries were followed by France, the UK, Austria, South Africa, Germany and Belgium, which together accounted for a further X the main suppliers, South Africa, with a CAGR of +X%, saw the highest growth rate of 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

The average import price for wood chips, particles and residues stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the import price showed a deep downturn. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2020, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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