Spain: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Spain

The Spanish wood chips and particles market soared to $X in 2022, with an increase of 35% against the previous year. Overall, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +67.9% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Wood Chips And Particles in Spain

In value terms, wood chips and particles production skyrocketed to $X in 2022 estimated in export price. Overall, production enjoyed prominent growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Wood Chips And Particles

Exports from Spain

In 2022, approx. X cubic meters of wood chips and particles were exported from Spain; increasing by 25% compared with 2021. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 125% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, wood chips and particles exports skyrocketed to $X in 2022. Overall, total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 +105.8% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 46% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

France (X cubic meters) was the main destination for wood chips and particles exports from Spain, accounting for a 69% share of total exports. Moreover, wood chips and particles exports to France exceeded the volume sent to the second major destination, Portugal (X cubic meters), threefold. The third position in this ranking was taken by Sweden (X cubic meters), with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +23.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+4.4% per year) and Sweden (0.0% per year).

In value terms, the largest markets for wood chips and particles exported from Spain were France ($X), Portugal ($X) and the Netherlands ($X), with a combined 88% share of total exports.

France, with a CAGR of +23.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wood chips and particles export price stood at $X per cubic meter in 2022, with a decrease of -4.5% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of 22% 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 remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per cubic meter), while the average price for exports to France ($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 Portugal (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood Chips And Particles

Imports into Spain

In 2022, imports of wood chips and particles into Spain skyrocketed to X cubic meters, with an increase of 45% against 2021 figures. In general, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 381%. 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 skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 when imports increased by 216% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X cubic meters), Brazil (X cubic meters) and Germany (X cubic meters) were the main suppliers of wood chips and particles imports to Spain, with a combined 81% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +192.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Germany ($X) and Brazil ($X) appeared to be the largest wood chips and particles suppliers to Spain, with a combined 61% share of total imports.

Brazil, with a CAGR of +199.4%, recorded the highest growth rate of 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

The average wood chips and particles import price stood at $X per cubic meter in 2022, surging by 8.2% against the previous year. In general, the import price posted perceptible growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 136% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2020 to 2022, the average import prices remained at a somewhat 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 Finland ($X per cubic meter), while the price for Brazil ($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 Congo (+1,322.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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