Luxembourg: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2025

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Luxembourg

The Luxembourg market for wood chips, parts, residues, pellets and other agglomerates soared to $X in 2021, picking up by 41% against the previous year. Over the period under review, consumption enjoyed a strong increase. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Luxembourg

In value terms, production of wood chips, parts, residues, pellets and other agglomerates shrank slightly to $X in 2021 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +42.4% against 2014 indices. The pace of growth was the most pronounced in 2014 with an increase of 26%. Production of peaked at $X in 2020, and then fell slightly in the following year.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports from Luxembourg

In 2021, overseas shipments of wood chips, parts, residues, pellets and other agglomerates were finally on the rise to reach X cubic meters for the first time since 2016, thus ending a four-year declining trend. In general, total exports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -29.5% against 2016 indices. The growth pace was the most rapid in 2013 when exports increased by 68% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2014 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates rose sharply to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 83% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X cubic meters), Germany (X cubic meters) and France (X cubic meters) were the main destinations of exports of wood chips, parts, residues, pellets and other agglomerates from Luxembourg, together accounting for 98% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +8.1%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Belgium ($X) and France ($X) appeared to be the largest markets for wood chips, parts, residues, pellets and other agglomerates exported from Luxembourg worldwide, together comprising 98% of total exports.

Among the main countries of destination, Germany, with a CAGR of +18.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, increasing by 4.8% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for wood chips, parts, residues, pellets and other agglomerates increased by +9.8% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 22%. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per cubic meter), while the average price for exports to Belgium ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports into Luxembourg

In 2021, after four years of decline, there was significant growth in overseas purchases of wood chips, parts, residues, pellets and other agglomerates, when their volume increased by 30% to X cubic meters. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 57%. Imports peaked at X cubic meters in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates surged to $X in 2021. In general, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X cubic meters) constituted the largest wood chips, parts, residues, pellets and other agglomerates supplier to Luxembourg, with a 72% share of total imports. Moreover, imports of wood chips, parts, residues, pellets and other agglomerates from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X cubic meters), fourfold. The third position in this ranking was taken by France (X cubic meters), with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-5.3% per year) and France (+28.8% per year).

In value terms, Germany ($X) constituted the largest supplier of wood chips, parts, residues, pellets and other agglomerates to Luxembourg, comprising 66% of total imports. The second position in the ranking was taken by Belgium ($X), with a 28% share of total imports. It was followed by France, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.0% per year) and France (+21.2% per year).

Import Prices by Country

The average import price for wood chips, parts, residues, pellets and other agglomerates stood at $X per thousand cubic meters in 2021, picking up by 8.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.8%. The growth pace was the most rapid in 2013 an increase of 35% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per thousand cubic meters), while the price for France ($X per thousand cubic meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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