Benelux: Wood Pellets Market 2024

Wood Pellets Market Size in Benelux

The Benelux wood pellets market shrank to $X in 2023, falling by X% against the previous year. In general, consumption, however, showed a strong increase. The level of consumption peaked at $X in 2022, and then reduced in the following year.

Wood Pellets Production in Benelux

In value terms, wood pellets production fell to $X in 2023 estimated in export price. In general, production saw a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2022, and then reduced in the following year.

Wood Pellets Exports

Exports in Benelux

After seven years of growth, shipments abroad of wood pellets decreased by X% to X tons in 2023. Overall, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. The volume of export peaked at X tons in 2022, and then dropped in the following year.

In value terms, wood pellets exports dropped sharply to $X in 2023. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2022, and then dropped dramatically in the following year.

Exports by Country

Belgium was the key exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by the Netherlands (X tons), constituting a X% share of total exports. Luxembourg (X tons) followed a long way behind the leaders.

Belgium was also the fastest-growing in terms of the wood pellets exports, with a CAGR of X% from 2012 to 2023. At the same time, Luxembourg (X%) and the Netherlands (X%) displayed positive paces of growth. Belgium (X p.p.) significantly strengthened its position in terms of the total exports, while Luxembourg and the Netherlands saw its share reduced by X% and X% from 2012 to 2023, respectively.

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

In Belgium, wood pellets exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Luxembourg (X% per year).

Export Prices by Country

The export price in Benelux stood at $X per ton in 2023, reducing by X% against the previous year. Export price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, wood pellets export price increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2022, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X per ton) 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 more modest paces of growth.

Wood Pellets Imports

Imports in Benelux

Wood pellets imports declined to X tons in 2023, almost unchanged from the previous year. Overall, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, wood pellets imports contracted to $X in 2023. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2022, and then declined in the following year.

Imports by Country

The Netherlands represented the major importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Belgium (X tons), comprising a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the wood pellets imports, with a CAGR of X% from 2012 to 2023. At the same time, Belgium (X%) displayed positive paces of growth. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported wood pellets in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

In the Netherlands, wood pellets imports increased at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Benelux amounted to $X per ton, declining by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform