Russian Federation: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in the Russian Federation

The Russian wood chips and particles market dropped to $X in 2022, with a decrease of -13.3% against the previous year. In general, consumption, however, posted significant growth. Wood chips and particles consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Wood Chips And Particles in the Russian Federation

In value terms, wood chips and particles production stood at $X in 2022 estimated in export price. Overall, production saw a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 64%. Wood chips and particles production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Wood Chips And Particles

Exports from the Russian Federation

In 2022, the amount of wood chips and particles exported from Russia expanded sharply to X cubic meters, with an increase of 5.2% on 2021 figures. Overall, exports showed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 36%. As a result, the exports reached the peak of X cubic meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wood chips and particles exports amounted to $X in 2022. In general, total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Finland (X cubic meters) was the main destination for wood chips and particles exports from Russia, with a 88% share of total exports. Moreover, wood chips and particles exports to Finland exceeded the volume sent to the second major destination, Japan (X cubic meters), more than tenfold. The third position in this ranking was taken by Denmark (X cubic meters), with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Finland amounted to +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+18.3% per year) and Denmark (+50.0% per year).

In value terms, Finland ($X) remains the key foreign market for wood chips and particles exports from Russia, comprising 87% of total exports. The second position in the ranking was taken by Germany ($X), with a 3.8% share of total exports. It was followed by Denmark, with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Finland stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+31.8% per year) and Denmark (+53.2% per year).

Export Prices by Country

In 2022, the average wood chips and particles export price amounted to $X per cubic meter, declining by -2% against the previous year. Overall, the export price continues to indicate a slight setback. The pace of growth was the most pronounced in 2013 an increase of 8% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per cubic meter), while the average price for exports to Japan ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips And Particles

Imports into the Russian Federation

In 2022, the amount of wood chips and particles imported into Russia dropped to X cubic meters, waning by -4.6% against the year before. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 36% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2021, and then reduced in the following year.

In value terms, wood chips and particles imports fell to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 58% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Germany (X cubic meters) constituted the largest wood chips and particles supplier to Russia, with a 83% share of total imports. Moreover, wood chips and particles imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X cubic meters), tenfold. The third position in this ranking was taken by Belarus (X cubic meters), with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-3.7% per year) and Belarus (+85.2% per year).

In value terms, Germany ($X) constituted the largest supplier of wood chips and particles to Russia, comprising 62% of total imports. The second position in the ranking was taken by France ($X), with a 30% share of total imports. It was followed by Poland, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.3% per year) and Poland (-4.3% per year).

Import Prices by Country

In 2022, the average wood chips and particles import price amounted to $X per cubic meter, approximately equating the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 16%. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2020; however, from 2021 to 2022, 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 ($X per cubic meter), while the price for Belarus ($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 Belarus (+8.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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