Tunisia: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Tunisia

The Tunisian wood chips and particles market soared to $X in 2022, growing by 53% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a strong increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Exports of Wood Chips And Particles

Exports from Tunisia

In 2022, overseas shipments of wood chips and particles increased by 100% to X cubic meters, rising for the sixth year in a row after three years of decline. Over the period under review, exports, however, saw a deep slump. The exports peaked at X cubic meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, wood chips and particles exports contracted slightly to $X in 2022. In general, exports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2018 when exports increased by 225%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

China (X cubic meters), the Netherlands (X cubic meters) and Italy (X cubic meters) were the main destinations of wood chips and particles exports from Tunisia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, the Netherlands ($X) remains the key foreign market for wood chips and particles exports from Tunisia, comprising 87% of total exports. The second position in the ranking was taken by China ($X), with an 8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled -13.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and Italy (-28.1% per year).

Export Prices by Country

The average wood chips and particles export price stood at $X per cubic meter in 2022, dropping by -49.9% against the previous year. In general, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 99% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 ($X per cubic meter), while the average price for exports to China ($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 Senegal (+23.0%), while the prices for the other major destinations experienced a decline.

Imports of Wood Chips And Particles

Imports into Tunisia

In 2022, purchases abroad of wood chips and particles was finally on the rise to reach X cubic meters for the first time since 2018, thus ending a three-year declining trend. In general, imports showed a strong expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 193%. As a result, imports reached the peak of X cubic meters. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood chips and particles imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 100% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X cubic meters) constituted the largest wood chips and particles supplier to Tunisia, with a 44% share of total imports. Moreover, wood chips and particles imports from Germany exceeded the figures recorded by the second-largest supplier, France (X cubic meters), threefold. The third position in this ranking was held by China (X cubic meters), with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-3.0% per year) and China (0.0% per year).

In value terms, the largest wood chips and particles suppliers to Tunisia were France ($X), Germany ($X) and Italy ($X), with a combined 81% share of total imports.

Among the main suppliers, Germany, with a CAGR of +21.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wood chips and particles import price stood at $X per cubic meter in 2022, surging by 21% against the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 119% against the previous year. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2017; however, from 2018 to 2022, import prices stood 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 Italy ($X per cubic meter), while the price for China ($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 France (+6.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform