Luxembourg: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in Luxembourg

In 2021, after three years of decline, there was significant growth in the Luxembourg market for wood chips, particles and residues, when its value increased by X% to $X. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Wood Chips, Particles And Residues in Luxembourg

In value terms, wood chips, particles and residues production shrank dramatically to $X in 2021 estimated in export price. Overall, production saw a deep slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Wood chips, particles and residues production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Wood Chips, Particles And Residues

Exports from Luxembourg

In 2021, shipments abroad of wood chips, particles and residues increased by X% to X tons, rising for the second year in a row after five years of decline. Over the period under review, exports, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked 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 reduced to $X in 2021. Overall, exports, however, faced a abrupt setback. The smallest decline of -X% was in 2014. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for wood chips, particles and residues exports from Luxembourg, accounting for a X% share of total exports. Moreover, wood chips, particles and residues exports to Belgium exceeded the volume sent to the second major destination, France (X tons), eightfold.

From 2012 to 2020, the average annual growth rate of volume to Belgium amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Germany (-X% per year).

In value terms, Belgium ($X) remains the key foreign market for wood chips, particles and residues exports from Luxembourg, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to Belgium totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Germany (-X% per year).

Export Prices by Country

The average export price for wood chips, particles and residues stood at $X per ton in 2020, falling by -X% against the previous year. Overall, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the average price for exports to Belgium ($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 Belgium (-X%), while the prices for the other major destinations experienced a decline.

Imports of Wood Chips, Particles And Residues

Imports into Luxembourg

In 2021, overseas purchases of wood chips, particles and residues were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, saw a noticeable decline. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth imports failed to regain momentum.

In value terms, wood chips, particles and residues imports expanded to $X in 2021. Over the period under review, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main suppliers of wood chips, particles and residues imports to Luxembourg, with a combined X% share of total imports.

From 2012 to 2020, the biggest increases were in France (with a CAGR of +X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest wood chips, particles and residues suppliers to Luxembourg were Germany ($X), Belgium ($X) and France ($X), with a combined X% share of total imports.

In terms of the main suppliers, France, 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 mixed trend patterns.

Import Prices by Country

The average import price for wood chips, particles and residues stood at $X per ton in 2020, which is down by -X% against the previous year. Overall, the import price recorded a mild descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 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 Austria ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Austria (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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