United Kingdom: Chipped Coniferous Wood Market 2020

Chipped Coniferous Wood Market Size in the UK

The revenue of the chipped coniferous wood market in the UK amounted to $X in 2018, picking up by X% against the previous year. Overall, chipped coniferous wood consumption continues to indicate resilient growth. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. Over the period under review, the chipped coniferous wood market reached its peak figure level in 2018 and is expected to retain its growth in the near future.

Chipped Coniferous Wood Production in the UK

In value terms, chipped coniferous wood production totaled $X in 2018 estimated in export prices. Over the period under review, chipped coniferous wood production continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2011 when production volume increased by X% year-to-year. Over the period under review, chipped coniferous wood production attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Chipped Coniferous Wood Exports

Exports from the UK

In 2018, the amount of coniferous wood in chips or particles exported from the UK totaled X tons, standing approx. at the previous year. Over the period under review, chipped coniferous wood exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. In that year, chipped coniferous wood exports reached their peak of X tons. From 2012 to 2018, the growth of chipped coniferous wood exports remained at a somewhat lower figure.

In value terms, chipped coniferous wood exports stood at $X in 2018. Over the period under review, chipped coniferous wood exports, however, continue to indicate a measured curtailment. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. In that year, chipped coniferous wood exports attained their peak of $X. From 2012 to 2018, the growth of chipped coniferous wood exports remained at a lower figure.

Exports by Country

Norway (X tons) was the main destination for chipped coniferous wood exports from the UK, accounting for a X% share of total exports. Moreover, chipped coniferous wood exports to Norway exceeded the volume sent to the second major destination, China, Hong Kong SAR (X tons), eightfold. The third position in this ranking was occupied by France (X tons), with a X% share.

From 2007 to 2018, 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: China, Hong Kong SAR (+X% per year) and France (-X% per year).

In value terms, Norway ($X) remains the key foreign market for chipped coniferous wood exports from the UK, comprising X% of total chipped coniferous wood exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total exports. It was followed by Ireland, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Norway totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China, Hong Kong SAR (+X% per year) and Ireland (-X% per year).

Export Prices by Country

In 2018, the average chipped coniferous wood export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the chipped coniferous wood export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2013 an increase of X% y-o-y. Over the period under review, the average export prices for coniferous wood in chips or particles reached their peak figure at $X per ton in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China, Hong Kong SAR ($X per ton), while the average price for exports to Antigua and Barbuda ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Chipped Coniferous Wood Imports

Imports into the UK

Chipped coniferous wood imports into the UK totaled X tons in 2018, increasing by X% against the previous year. Over the period under review, chipped coniferous wood imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, chipped coniferous wood imports reached their maximum at X tons in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, chipped coniferous wood imports stood at $X in 2018. In general, chipped coniferous wood imports continue to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, chipped coniferous wood imports attained their peak figure in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Ireland (X tons) constituted the largest chipped coniferous wood supplier to the UK, with a X% share of total imports. Moreover, chipped coniferous wood imports from Ireland exceeded the figures recorded by the second-largest supplier, Latvia (X tons), threefold. Sweden (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Ireland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+X% per year) and Sweden (+X% per year).

In value terms, Ireland ($X) constituted the largest supplier of chipped coniferous wood to the UK, comprising X% of total chipped coniferous wood imports. The second position in the ranking was occupied by Latvia ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Ireland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+X% per year) and Argentina (+X% per year).

Import Prices by Country

The average chipped coniferous wood import price stood at $X per ton in 2018, increasing by X% against the previous year. In general, the chipped coniferous wood import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Argentina ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ireland, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform