Benelux: Wood Fuel Market 2024

Wood Fuel Market Size in Benelux

The Benelux wood fuel market contracted sharply to $X in 2023, shrinking by X% against the previous year. Overall, consumption saw a sharp decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Wood Fuel Production in Benelux

In value terms, wood fuel production dropped to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2023, production growth remained at a somewhat lower figure.

Wood Fuel Exports

Exports in Benelux

In 2023, approx. X cubic meters of wood fuel were exported in Benelux; surging by X% compared with the year before. Overall, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The volume of export peaked at X cubic meters in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, wood fuel exports fell to $X in 2023. Over the period under review, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Belgium dominates exports structure, reaching X cubic meters, which was near X% of total exports in 2023. It was distantly followed by the Netherlands (X cubic meters), committing a X% share of total exports. Luxembourg (X cubic meters) followed a long way behind the leaders.

Belgium was also the fastest-growing in terms of the wood fuel exports, with a CAGR of X% from 2012 to 2023. The Netherlands (X%) and Luxembourg (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Luxembourg (X p.p.) and the Netherlands (X p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest wood fuel supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Belgium amounted to X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Luxembourg (X% per year).

Export Prices by Country

The export price in Benelux stood at $X per cubic meter in 2023, falling by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per cubic meter in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per cubic meter), while Belgium ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the export price figures.

Wood Fuel Imports

Imports in Benelux

In 2023, the amount of wood fuel imported in Benelux fell to X cubic meters, dropping by X% compared with 2022. In general, imports faced a dramatic setback. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, wood fuel imports contracted slightly to $X in 2023. Over the period under review, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

Belgium was the main importer of wood fuel in Benelux, with the volume of imports recording X cubic meters, which was near X% of total imports in 2023. The Netherlands (X cubic meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Luxembourg (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Luxembourg (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) constituted the countries with the highest levels of imports in 2023.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per cubic meter in 2023, surging by X% against the previous year. Overall, the import price saw a strong increase. The pace of growth was the most pronounced in 2013 an increase of X%. The level of import peaked in 2023 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per cubic meter), while Luxembourg ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform