Portugal: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Portugal

In 2020, the Portuguese wood fuel (non-coniferous) market decreased by -X% to $X, falling for the second consecutive year after three years of growth. In general, consumption enjoyed a remarkable increase. The growth pace was the most rapid in 2016 when the market value increased by X% against the previous year. Wood fuel (non-coniferous) consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Wood Fuel (Non-Coniferous) Production in Portugal

In value terms, wood fuel (non-coniferous) production contracted to $X in 2020 estimated in export prices. In general, production saw a prominent increase. The growth pace was the most rapid in 2016 when the production volume increased by X% year-to-year. Wood fuel (non-coniferous) production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Wood Fuel (Non-Coniferous) Exports

Exports from Portugal

In 2020, overseas shipments of wood fuel (non-coniferous) decreased by -X% to X cubic meters, falling for the fourth year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at X cubic meters in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) exports dropped remarkably to $X in 2020. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. Exports peaked at $X in 2009; however, from 2010 to 2020, exports remained at a lower figure.

Exports by Country

Spain (X cubic meters), France (X cubic meters) and Austria (X cubic meters) were the main destinations of wood fuel (non-coniferous) exports from Portugal, together accounting for X% of total exports. These countries were followed by the U.S., India, Angola, the UK and Cyprus, which together accounted for a further X 2007 to 2020, the biggest increases were in India, while shipments for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X), France ($X) and Austria ($X) were the largest markets for wood fuel (non-coniferous) exported from Portugal worldwide, with a combined X% share of total exports. These countries were followed by the U.S., the UK, India, Angola and Cyprus, which together accounted for a further X terms of the main countries of destination, India recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average wood fuel (non-coniferous) export price stood at $X per cubic meter in 2020, waning by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per cubic meter in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the UK ($X per cubic meter), while the average price for exports to Angola ($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 the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports into Portugal

In 2020, wood fuel (non-coniferous) imports into Portugal skyrocketed to X cubic meters, increasing by X% against 2019 figures. Overall, imports, however, showed a abrupt setback. Over the period under review, imports hit record highs at X cubic meters in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, wood fuel (non-coniferous) imports soared to $X in 2020. Over the period under review, imports, however, continue to indicate a deep downturn. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Spain (X cubic meters) constituted the largest wood fuel (non-coniferous) supplier to Portugal, with a X% share of total imports. Moreover, wood fuel (non-coniferous) imports from Spain exceeded the figures recorded by the second-largest supplier, Poland (X cubic meters), threefold. France (X cubic meters) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Spain amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and France (+X% per year).

In value terms, Spain ($X) constituted the largest supplier of wood fuel (non-coniferous) to Portugal, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Spain stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and France (-X% per year).

Import Prices by Country

In 2020, the average wood fuel (non-coniferous) import price amounted to $X per cubic meter, dropping by -X% against the previous year. Overall, the import price saw a pronounced shrinkage. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per cubic meter. from 2009 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per cubic meter), while the price for Brazil ($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 Estonia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform