Slovenia: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Slovenia

The Slovene wood chips and particles market fell to $X in 2022, waning by -8.6% against the previous year. Overall, consumption showed a deep setback. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Wood Chips And Particles in Slovenia

In value terms, wood chips and particles production surged to $X in 2022 estimated in export price. Overall, production showed a resilient expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by 114%. Wood chips and particles production peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Wood Chips And Particles

Exports from Slovenia

In 2022, approx. X cubic meters of wood chips and particles were exported from Slovenia; surging by 82% compared with 2021. In general, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood chips and particles exports skyrocketed to $X in 2022. Overall, exports enjoyed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Austria (X cubic meters) was the main destination for wood chips and particles exports from Slovenia, accounting for a 68% share of total exports. Moreover, wood chips and particles exports to Austria exceeded the volume sent to the second major destination, Italy (X cubic meters), fivefold. Croatia (X cubic meters) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria stood at +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+2.9% per year) and Croatia (+110.5% per year).

In value terms, the largest markets for wood chips and particles exported from Slovenia were Austria ($X), Croatia ($X) and Italy ($X), together accounting for 92% of total exports. Hungary lagged somewhat behind, comprising a further 5.4%.

In terms of the main countries of destination, Hungary, with a CAGR of +219.0%, recorded 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

In 2022, the average wood chips and particles export price amounted to $X per cubic meter, falling by -12.9% against the previous year. In general, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2018 an increase of 14%. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per cubic meter), while the average price for exports to Austria ($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 Italy (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Wood Chips And Particles

Imports into Slovenia

Wood chips and particles imports into Slovenia contracted notably to X cubic meters in 2022, reducing by -24.6% against 2021. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 71%. Imports peaked at X cubic meters in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, wood chips and particles imports dropped dramatically to $X in 2022. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Croatia (X cubic meters) constituted the largest supplier of wood chips and particles to Slovenia, with a 77% share of total imports. Moreover, wood chips and particles imports from Croatia exceeded the figures recorded by the second-largest supplier, Austria (X cubic meters), fourfold. The third position in this ranking was held by Italy (X cubic meters), with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Croatia amounted to -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+43.8% per year) and Italy (+108.3% per year).

In value terms, Croatia ($X) constituted the largest supplier of wood chips and particles to Slovenia, comprising 68% of total imports. The second position in the ranking was held by Austria ($X), with a 14% share of total imports. It was followed by Bosnia and Herzegovina, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from Croatia totaled -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+20.4% per year) and Bosnia and Herzegovina (+1.0% per year).

Import Prices by Country

In 2022, the average wood chips and particles import price amounted to $X per cubic meter, picking up by 1.7% against the previous year. Overall, the import price, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2014 an increase of 24% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bosnia and Herzegovina ($X per cubic meter), while the price for Austria ($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 Hungary (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform