Sweden: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Sweden

The Swedish wood fuel (non-coniferous) market expanded remarkably to $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Wood fuel (non-coniferous) consumption peaked in 2020 and is likely to see steady growth in the immediate term.

Wood Fuel (Non-Coniferous) Production in Sweden

In value terms, wood fuel (non-coniferous) production stood at $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2010 to 2020, production growth remained at a somewhat lower figure.

Wood Fuel (Non-Coniferous) Exports

Exports from Sweden

In 2020, exports of wood fuel (non-coniferous) from Sweden dropped notably to X cubic meters, declining by -X% on the previous year. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, exports reached the peak of X cubic meters. from 2018 to 2020, the growth exports remained at a lower figure.

In value terms, wood fuel (non-coniferous) exports dropped dramatically to $X in 2020. In general, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Exports peaked at $X in 2019, and then reduced dramatically in the following year.

Exports by Country

Norway (X cubic meters) was the main destination for wood fuel (non-coniferous) exports from Sweden, accounting for a X% share of total exports. Moreover, wood fuel (non-coniferous) exports to Norway exceeded the volume sent to the second major destination, Lithuania (X cubic meters), eightfold. Croatia (X cubic meters) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Norway totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+X% per year) and Croatia (+X% per year).

In value terms, Norway ($X) emerged as the key foreign market for wood fuel (non-coniferous) exports from Sweden, comprising X% of total exports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Norway stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-X% per year) and Lithuania (+X% per year).

Export Prices by Country

The average wood fuel (non-coniferous) export price stood at $X per cubic meter in 2020, jumping by X% against the previous year. Overall, export price indicated a strong increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, wood fuel (non-coniferous) export price increased by +X% against 2017 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Iceland ($X per cubic meter), while the average price for exports to France ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports into Sweden

In 2020, the amount of wood fuel (non-coniferous) imported into Sweden surged to X cubic meters, increasing by X% compared with the year before. Over the period under review, imports, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X cubic meters in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) imports surged to $X in 2020. In general, imports, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Croatia (X cubic meters) constituted the largest supplier of wood fuel (non-coniferous) to Sweden, accounting for a X% share of total imports. Moreover, wood fuel (non-coniferous) imports from Croatia exceeded the figures recorded by the second-largest supplier, Denmark (X cubic meters), fivefold. The third position in this ranking was occupied by Bosnia and Herzegovina (X cubic meters), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Croatia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Bosnia and Herzegovina (+X% per year).

In value terms, Croatia ($X) constituted the largest supplier of wood fuel (non-coniferous) to Sweden, comprising X% of total imports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total imports. It was followed by Estonia, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Croatia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-X% per year) and Estonia (+X% per year).

Import Prices by Country

The average wood fuel (non-coniferous) import price stood at $X per cubic meter in 2020, reducing by -X% against the previous year. Overall, the import price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Estonia ($X per cubic meter), while the price for Bosnia and Herzegovina ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Estonia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform