United Kingdom: Wood Residues Market 2022

Wood Residues Market Size in the UK

After three years of decline, the UK wood residues market increased by X% to $X in 2020. Over the period under review, consumption showed a mild reduction. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Wood Residues Production in the UK

In value terms, wood residues production contracted slightly to $X in 2020 estimated in export prices. In general, production saw a drastic downturn. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Wood Residues Exports

Exports from the UK

For the fourth consecutive year, the UK recorded growth in shipments abroad of wood residues, which increased by X% to X cubic meters in 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when exports increased by X% year-to-year. Exports peaked at X cubic meters in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, wood residues exports reduced to $X in 2020. In general, exports saw a abrupt decline. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2011 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Germany (X cubic meters), Poland (X cubic meters) and Ukraine (X cubic meters) were the main destinations of wood residues exports from the UK, with a combined X% share of total exports. Austria, Belgium, France, Norway, Belarus, Spain, Croatia, Vietnam, the Czech Republic and Canada lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Belarus (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Ukraine ($X) constituted the largest markets for wood residues exported from the UK worldwide, with a combined X% share of total exports. These countries were followed by Canada, Austria, Vietnam, Spain, Poland, France, Norway, the Czech Republic, Croatia and Belarus, which together accounted for a further X terms of the main countries of destination, Belarus (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average wood residues export price amounted to $X per cubic meter, declining by -X% against the previous year. Overall, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. As a result, export price attained the peak level of $X per cubic meter. from 2011 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to Belarus ($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 Belgium, while the prices for the other major destinations experienced a decline.

Wood Residues Imports

Imports into the UK

In 2020, overseas purchases of wood residues increased by X% to X cubic meters, rising for the second year in a row after two years of decline. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Imports peaked at X cubic meters in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, wood residues imports dropped markedly to $X in 2020. Overall, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. As a result, imports attained the peak of $X, and then dropped sharply in the following year.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to the UK, together accounting for X% of total imports. Germany, Italy, Norway, the Netherlands, Poland, Canada, Lithuania, Finland, Slovakia and Estonia lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood residues suppliers to the UK were France ($X), Austria ($X) and Belgium ($X), together comprising X% of total imports. Germany, Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Finland, Slovakia and Estonia lagged somewhat behind, together comprising a further X terms of the main suppliers, Estonia (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average wood residues import price amounted to $X per cubic meter, shrinking by -X% against the previous year. In general, the import price faced a abrupt slump. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2018, and then dropped in the following year.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Estonia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :