New Zealand: Market for Wood Chips And Particles 2025

Market Size for Wood Chips And Particles in New Zealand

The New Zealand wood chips and particles market surged to $X in 2022, rising by 174% against the previous year. Over the period under review, consumption saw a buoyant increase. Wood chips and particles consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Wood Chips And Particles in New Zealand

In value terms, wood chips and particles production declined to $X in 2022 estimated in export price. In general, production enjoyed prominent growth. The growth pace was the most rapid in 2015 when the production volume increased by 121%. Wood chips and particles production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Wood Chips And Particles

Exports from New Zealand

In 2022, shipments abroad of wood chips and particles increased by 45% to X cubic meters, rising for the second consecutive year after three years of decline. In general, exports, however, continue to indicate a deep downturn. Over the period under review, the exports reached the peak figure at X cubic meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wood chips and particles exports skyrocketed to $X in 2022. Over the period under review, total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +111.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Japan (X cubic meters) was the main destination for wood chips and particles exports from New Zealand, accounting for a 100% share of total exports. It was followed by China (X cubic meters), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan stood at -7.0%.

In value terms, Japan ($X) remains the key foreign market for wood chips and particles exports from New Zealand, comprising 99% of total exports. The second position in the ranking was taken by China ($X), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan amounted to +2.2%.

Export Prices by Country

The average wood chips and particles export price stood at $X per cubic meter in 2022, picking up by 11% against the previous year. In general, the export price recorded strong growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 78%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per cubic meter), while the average price for exports to China amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+14.1%).

Imports of Wood Chips And Particles

Imports into New Zealand

In 2022, supplies from abroad of wood chips and particles increased by 64% to X cubic meters, rising for the third year in a row after two years of decline. In general, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood chips and particles imports fell to $X in 2022. Overall, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +9.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 108% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X cubic meters) constituted the largest supplier of wood chips and particles to New Zealand, accounting for a 82% share of total imports. Moreover, wood chips and particles imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), more than tenfold. France (X cubic meters) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+62.2% per year) and France (-4.2% per year).

In value terms, the largest wood chips and particles suppliers to New Zealand were the United States ($X), France ($X) and Canada ($X), with a combined 87% share of total imports. Germany and Australia lagged somewhat behind, together comprising a further 6.4%.

In terms of the main suppliers, Germany, with a CAGR of +110.8%, saw the highest growth rate of 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 2022, the average wood chips and particles import price amounted to $X per cubic meter, dropping by -39.4% against the previous year. Over the period under review, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 88% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+30.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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