Overview of the Global Market for Wood Chips, Particles And Residues

Market Size for Wood Chips, Particles And Residues

The global market for wood chips, particles and residues stood at $X in 2021, stabilizing at the previous year. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2012 indices. Over the period under review, the global market reached the peak level in 2021 and is expected to retain growth in years to come.

Production of Wood Chips, Particles And Residues

In value terms, wood chips, particles and residues production fell sharply to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, global production growth remained at a somewhat lower figure.

Production By Country

The countries with the highest volumes of in 2021 were the United States (X tons), China (X tons) and Australia (X tons), with a combined X% share of global production. Vietnam, Russia, Belarus, Canada, Brazil, Chile, Sweden, Germany, Finland and France lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Belarus (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

Exports of Wood Chips, Particles And Residues

Exports

For the third consecutive year, the global market recorded decline in overseas shipments of wood chips, particles and residues, which decreased by -X% to X tons in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the global exports remained at a somewhat lower figure.

In value terms, wood chips, particles and residues exports shrank to $X in 2021. In general, exports, however, saw a mild contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Vietnam (X tons), distantly followed by Australia (X tons), the United States (X tons), Russia (X tons), Chile (X tons), Belarus (X tons) and Latvia (X tons) represented the largest exporters of wood chips, particles and residues, together committing X% of total exports. The following exporters - Brazil (X tons), Germany (X tons), Estonia (X tons), Thailand (X tons), South Africa (X tons) and Uruguay (X tons) - together made up X% of total exports.

Exports from Vietnam increased at an average annual rate of +X% from 2012 to 2021. At the same time, Belarus (+X%), Estonia (+X%), Brazil (+X%), Russia (+X%) and Uruguay (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. By contrast, Latvia (-X%), Chile (-X%), South Africa (-X%), the United States (-X%), Germany (-X%), Australia (-X%) and Thailand (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.), Belarus (+X p.p.), Russia (+X p.p.), Brazil (+X p.p.) and Estonia (+X p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the United States (-X p.p.), Thailand (-X p.p.) and Australia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wood chips, particles and residues supplying countries worldwide were Vietnam ($X), Australia ($X) and Chile ($X), with a combined X% share of global exports. These countries were followed by the United States, Thailand, Brazil, Russia, South Africa, Latvia, Germany, Belarus, Estonia and Uruguay, which together accounted for a further X the main exporting countries, Belarus, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for wood chips, particles and residues stood at $X per ton in 2021, which is down by -X% against the previous year. Over the period under review, the export price saw a slight curtailment. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Thailand ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%), while the other global leaders experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports

In 2021, overseas purchases of wood chips, particles and residues decreased by -X% to X tons, falling for the third year in a row after seven years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of global imports failed to regain momentum.

In value terms, wood chips, particles and residues imports shrank slightly to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of global imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) and Japan (X tons) were the main importers of wood chips, particles and residuesaround the world, together achieving X% of total imports. It was distantly followed by Finland (X tons), creating a X% share of total imports. Canada (X tons), Sweden (X tons), Poland (X tons), Denmark (X tons), Portugal (X tons), Austria (X tons), Lithuania (X tons), Taiwan (Chinese) (X tons), South Korea (X tons) and Italy (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Denmark (with a CAGR of +X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Finland ($X) constituted the countries with the highest levels of imports in 2021, with a combined X% share of global imports. These countries were followed by Portugal, Denmark, Sweden, Canada, Taiwan (Chinese), South Korea, Austria, Poland, Italy and Lithuania, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for wood chips, particles and residues amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a mild descent. The growth pace was the most rapid in 2018 when the average import price increased by X%. Global import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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