Ireland: Wood Residues Market 2022

Wood Residues Market Size in Ireland

The Irish wood residues market stood at $X in 2020, picking up by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. from 2017 to 2020, the growth of the market remained at a somewhat lower figure.

Wood Residues Production in Ireland

In value terms, wood residues production rose markedly to $X in 2020 estimated in export prices. Overall, production enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Wood residues production peaked at $X in 2016; however, from 2017 to 2020, production failed to regain the momentum.

Wood Residues Exports

Exports from Ireland

In 2020, overseas shipments of wood residues increased by X% to X cubic meters, rising for the sixth consecutive year after three years of decline. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in years to come.

In value terms, wood residues exports skyrocketed to $X in 2020. Over the period under review, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X cubic meters), Poland (X cubic meters) and Ukraine (X cubic meters) were the main destinations of wood residues exports from Ireland, together accounting for X% of total exports. These countries were followed by Austria, Belgium, France, Norway, Belarus, Spain, Croatia, Vietnam, the Czech Republic and Canada, which together accounted for a further X 2007 to 2020, the biggest increases were in Belarus (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Ukraine ($X) constituted the largest markets for wood residues exported from Ireland worldwide, together comprising X% of total exports. Canada, Austria, Vietnam, Spain, Poland, France, Norway, the Czech Republic, Croatia and Belarus lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest growth rate of the value of exports, in terms of 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 wood residues export price amounted to $X per cubic meter, picking up by X% against the previous year. Over the period under review, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The export price peaked at $X per cubic meter in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to Belarus ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Wood Residues Imports

Imports into Ireland

Wood residues imports into Ireland surged to X cubic meters in 2020, growing by X% compared with 2019. Overall, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. As a result, imports reached the peak of X cubic meters. from 2017 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, wood residues imports reached $X in 2020. In general, imports showed moderate growth. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to Ireland, together comprising X% of total imports. Germany, Italy, Norway, Canada, the Netherlands, Poland, the U.S., Slovakia, Lithuania and Finland lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Austria ($X) and Germany ($X) constituted the largest wood residues suppliers to Ireland, with a combined X% share of total imports. Belgium, the U.S., Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Slovakia and Finland lagged somewhat behind, together comprising a further X the main suppliers, Norway saw 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 wood residues import price amounted to $X per cubic meter, with a decrease of -X% against the previous year. Overall, the import price showed a deep downturn. The growth pace was the most rapid in 2017 an increase of X% y-o-y. The import price peaked at $X per cubic meter in 2007; however, from 2008 to 2020, import prices remained at a 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 U.S. ($X per cubic meter), while the price for Canada ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Lithuania, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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