Spain: Market for Wood Residues, Pellets And Other Agglomerates 2025

Market Size for Wood Residues, Pellets And Other Agglomerates in Spain

The Spanish market for wood residues, pellets and other agglomerates soared to $X in 2021, picking up by 24% against the previous year. Over the period under review, consumption posted a significant increase. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Production of Wood Residues, Pellets And Other Agglomerates in Spain

In value terms, production of wood residues, pellets and other agglomerates contracted to $X in 2021 estimated in export price. In general, production showed a prominent expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by 125% against the previous year. Over the period under review, production of attained the peak level at $X in 2020, and then fell in the following year.

Exports of Wood Residues, Pellets And Other Agglomerates

Exports from Spain

In 2021, overseas shipments of wood residues, pellets and other agglomerates decreased by -14.3% to X cubic meters, falling for the third year in a row after three years of growth. Over the period under review, total exports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -37.0% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 29%. The exports peaked at X cubic meters in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of wood residues, pellets and other agglomerates expanded sharply to $X in 2021. In general, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +11.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by 91% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X cubic meters) was the main destination for exports of wood residues, pellets and other agglomerates from Spain, with a 44% share of total exports. Moreover, exports of wood residues, pellets and other agglomerates to France exceeded the volume sent to the second major destination, Italy (X cubic meters), threefold. The third position in this ranking was taken by Portugal (X cubic meters), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-5.0% per year) and Portugal (+2.4% per year).

In value terms, France ($X) remains the key foreign market for wood residues, pellets and other agglomerates exports from Spain, comprising 49% of total exports. The second position in the ranking was held by Italy ($X), with a 16% share of total exports. It was followed by Portugal, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+4.3% per year) and Portugal (+11.9% per year).

Export Prices by Country

The average export price for wood residues, pellets and other agglomerates stood at $X per cubic meter in 2021, surging by 24% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for wood residues, pellets and other agglomerates increased by +68.2% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 58% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per cubic meter), while the average price for exports to Denmark ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Residues, Pellets And Other Agglomerates

Imports into Spain

In 2021, overseas purchases of wood residues, pellets and other agglomerates decreased by -2.4% to X cubic meters, falling for the second year in a row after three years of growth. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2017 when imports increased by 97%. Imports peaked at X cubic meters in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of wood residues, pellets and other agglomerates reached $X in 2021. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 103% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

France (X cubic meters), Portugal (X cubic meters) and Germany (X cubic meters) were the main suppliers of imports of wood residues, pellets and other agglomerates to Spain, with a combined 98% share of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +26.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X) constituted the largest supplier of wood residues, pellets and other agglomerates to Spain, comprising 70% of total imports. The second position in the ranking was taken by France ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Portugal totaled +25.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+21.2% per year) and Germany (+24.5% per year).

Import Prices by Country

The average import price for wood residues, pellets and other agglomerates stood at $X per cubic meter in 2021, surging by 3.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 41%. As a result, import price attained the peak level of $X per cubic meter. From 2020 to 2021, the average 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 Germany ($X per cubic meter), while the price for France (less than $X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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