Market Size for Wood Chips and Particles in Japan - 2022

Wood Chips and Particles Consumption in Japan - 2022

In 2022, consumption of wood chips and particles increased by 3.7% to 33M cubic meters, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, recorded a slight decrease. Wood chips and particles consumption peaked at 36M cubic meters in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

The revenue of the wood chips and particles market in Japan amounted to $2.6B in 2022, increasing by 13% 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). In general, consumption saw a relatively flat trend pattern. Wood chips and particles consumption peaked at $2.7B in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Source: IndexBox Market Intelligence Platform