Market Size for Wood Chips and Particles in China - 2022

Wood Chips and Particles Consumption in China - 2022

In 2022, approx. 88M cubic meters of wood chips and particles were consumed in China; increasing by 9% against the year before. The total consumption volume increased at an average annual rate of +4.5% over the period from 2017 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak volume and is likely to continue growth in the immediate term.

The size of the wood chips and particles market in China was estimated at $3.3B in 2022, picking up by 2.8% 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). The market value increased at an average annual rate of +6.7% over the period from 2017 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Wood chips and particles consumption peaked in 2022 and is likely to see gradual growth in years to come.

Source: IndexBox Market Intelligence Platform

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Free Data: Wood Chips And Particles - China