Slovenia: Wood Pellets Market 2025

Wood Pellets Market Size in Slovenia

The Slovene wood pellets market surged to $X in 2022, increasing by 50% against the previous year. Over the period under review, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.1% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Wood Pellets Production in Slovenia

In value terms, wood pellets production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 -0.4% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by 33% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Wood Pellets Exports

Exports from Slovenia

After three years of growth, shipments abroad of wood pellets decreased by -38.6% to X tons in 2022. In general, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 63% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then contracted markedly in the following year.

In value terms, wood pellets exports expanded slightly to $X in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 100% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Italy (X tons) was the main destination for wood pellets exports from Slovenia, with a 80% share of total exports. Moreover, wood pellets exports to Italy exceeded the volume sent to the second major destination, Austria (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Italy amounted to +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+13.4% per year) and Croatia (+56.9% per year).

In value terms, Italy ($X) remains the key foreign market for wood pellets exports from Slovenia, comprising 84% of total exports. The second position in the ranking was taken by Austria ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+31.8% per year) and Croatia (+61.1% per year).

Export Prices by Country

The average wood pellets export price stood at $X per ton in 2022, growing by 69% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.2% 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 +81.9% against 2020 indices. As a result, the export price attained the peak level and is likely to continue 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 Croatia ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pellets Imports

Imports into Slovenia

In 2022, overseas purchases of wood pellets decreased by -35.2% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 134%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, wood pellets imports reduced to $X in 2022. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 168% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ukraine (X tons), Austria (X tons) and Croatia (X tons) were the main suppliers of wood pellets imports to Slovenia, with a combined 60% share of total imports. Slovakia, Romania, Bosnia and Herzegovina and the Czech Republic lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +85.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood pellets suppliers to Slovenia were Austria ($X), Ukraine ($X) and Croatia ($X), together comprising 59% of total imports. Romania, Slovakia, Bosnia and Herzegovina and the Czech Republic lagged somewhat behind, together comprising a further 24%.

Slovakia, with a CAGR of +83.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 pellets import price amounted to $X per ton, jumping by 38% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform