U.S.: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2025

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in the U.S.

The U.S. market for wood chips, parts, residues, pellets and other agglomerates reduced to $X in 2021, falling by -7.4% against the previous year. Over the period under review, consumption, however, showed a buoyant increase. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in the U.S.

In value terms, production of wood chips, parts, residues, pellets and other agglomerates rose slightly to $X in 2021. In general, production showed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 55% against the previous year. Over the period under review, production of attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports from the U.S.

Exports of wood chips, parts, residues, pellets and other agglomerates from the United States expanded remarkably to X cubic meters in 2021, increasing by 6.7% against the year before. Over the period under review, total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +95.3% against 2012 indices. The pace of growth appeared the most rapid in 2015 when exports increased by 27% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates stood at $X in 2021. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 31%. Over the period under review, the exports of hit record highs in 2021 and are likely to see steady growth in years to come.

Exports by Country

The UK (X cubic meters) was the main destination for exports of wood chips, parts, residues, pellets and other agglomerates from the United States, with a 48% share of total exports. Moreover, exports of wood chips, parts, residues, pellets and other agglomerates to the UK exceeded the volume sent to the second major destination, Canada (X cubic meters), fourfold. The third position in this ranking was held by Japan (X cubic meters), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +25.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+0.2% per year) and Japan (+1.9% per year).

In value terms, the UK ($X) remains the key foreign market for wood chips, parts, residues, pellets and other agglomerates exports from the United States, comprising 55% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 14% share of total exports. It was followed by Canada, with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK amounted to +23.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+12.6% per year) and Canada (+0.1% per year).

Export Prices by Country

In 2021, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, remaining stable against the previous year. Over the last nine years, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2014 when the average export price increased by 17% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per cubic meter), while the average price for exports to Turkey ($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 China (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports into the U.S.

In 2021, after three years of decline, there was significant growth in supplies from abroad of wood chips, parts, residues, pellets and other agglomerates, when their volume increased by 14% to X cubic meters. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by 20% against the previous year. Over the period under review, imports of reached the maximum at X cubic meters in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates soared to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by 24% against the previous year. Over the period under review, imports of reached the maximum in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Canada (X cubic meters) was the main wood chips, parts, residues, pellets and other agglomerates supplier to the United States, with a 98% share of total imports. It was followed by France (X cubic meters), with a 0.5% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Canada totaled +4.9%.

In value terms, Canada ($X) constituted the largest supplier of wood chips, parts, residues, pellets and other agglomerates to the United States, comprising 87% of total imports. The second position in the ranking was held by France ($X), with a 4.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Canada stood at +5.4%.

Import Prices by Country

In 2021, the average import price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17% against the previous year. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per cubic meter), while the price for Canada stood at $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+42.6%).

Source: IndexBox Platform

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