Luxembourg: Wood Residues Market 2022

Wood Residues Market Size in Luxembourg

For the third consecutive year, the Luxembourg wood residues market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Wood Residues Production in Luxembourg

In value terms, wood residues production expanded sharply to $X in 2020 estimated in export prices. Over the period under review, production enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Wood residues production peaked in 2020 and is expected to retain growth in the near future.

Wood Residues Exports

Exports from Luxembourg

In 2020, after four years of decline, there was significant decline in overseas shipments of wood residues, when their volume decreased by -X% to X cubic meters. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Exports peaked at X cubic meters in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, wood residues exports contracted to $X in 2020. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

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 Luxembourg, together comprising 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 most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belarus, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood residues exported from Luxembourg were Germany ($X), Belgium ($X) and Ukraine ($X), together accounting for 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 terms of the main countries of destination, Belarus saw the highest growth rate of 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

The average wood residues export price stood at $X per cubic meter in 2020, with an increase of X% against the previous year. Overall, the export price enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas 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 Norway, while the prices for the other major destinations experienced more modest paces of growth.

Wood Residues Imports

Imports into Luxembourg

In 2020, after nine years of decline, there was significant decline in supplies from abroad of wood residues, when their volume decreased by -X% to X cubic meters. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. As a result, imports attained the peak of X cubic meters. from 2011 to 2020, the growth imports remained at a lower figure.

In value terms, wood residues imports declined to $X in 2020. Overall, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

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 Luxembourg, together comprising X% of total imports. Germany, Italy, Norway, Canada, Sweden, the Netherlands, Poland, the U.S., Slovakia and Lithuania lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Slovakia, while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest wood residues suppliers to Luxembourg were France ($X), Austria ($X) and Germany ($X), together accounting for X% of total imports. These countries were followed by Belgium, the U.S., Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Sweden and Slovakia, which together accounted for a further X saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wood residues import price stood at $X per cubic meter in 2020, standing approx. at the previous year. Over the period under review, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2009; however, from 2010 to 2020, import prices stood 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 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 Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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