Netherlands: Wood Pellets Market 2024

Wood Pellets Market Size in the Netherlands

In 2022, the Dutch wood pellets market increased by 0.4% to $X, rising for the seventh consecutive year after three years of decline. Over the period under review, consumption, however, recorded a strong increase. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Wood Pellets Production in the Netherlands

In value terms, wood pellets production rose modestly to $X in 2022 estimated in export price. Overall, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.1% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 45%. Wood pellets production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Wood Pellets Exports

Exports from the Netherlands

In 2022, exports of wood pellets from the Netherlands expanded notably to X tons, picking up by 6.1% compared with 2021. The total export volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 31%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, wood pellets exports soared to $X in 2022. In general, exports enjoyed a strong expansion. The pace of growth was the most pronounced in 2014 when exports increased by 51%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Belgium (X tons) was the main destination for wood pellets exports from the Netherlands, accounting for a 58% share of total exports. Moreover, wood pellets exports to Belgium exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The UK (X tons) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+3.9% per year) and the UK (-2.9% per year).

In value terms, Belgium ($X) remains the key foreign market for wood pellets exports from the Netherlands, comprising 59% of total exports. The second position in the ranking was held by Germany ($X), with a 12% share of total exports. It was followed by France, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value to Belgium totaled +11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+12.6% per year) and France (+61.0% per year).

Export Prices by Country

The average wood pellets export price stood at $X per ton in 2022, rising by 22% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood pellets export price increased by +60.9% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($X per ton) and Belgium ($X per ton), while the average price for exports to Denmark ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pellets Imports

Imports into the Netherlands

After five years of growth, overseas purchases of wood pellets decreased by -4.5% to X tons in 2022. In general, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 115% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank modestly in the following year.

In value terms, wood pellets imports stood at $X in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 129%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of wood pellets to the Netherlands, accounting for a 67% share of total imports. Moreover, wood pellets imports from the United States exceeded the figures recorded by the second-largest supplier, Latvia (X tons), eightfold. Belgium (X tons) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+85.5% per year) and Belgium (+29.8% per year).

In value terms, the United States ($X) constituted the largest supplier of wood pellets to the Netherlands, comprising 64% of total imports. The second position in the ranking was taken by Latvia ($X), with an 11% share of total imports. It was followed by Belgium, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+54.0% per year) and Belgium (+23.9% per year).

Import Prices by Country

In 2022, the average wood pellets import price amounted to $X per ton, picking up by 6.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 8.3% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :