Eastern Europe: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Eastern Europe

The East European market for wood chips, parts, residues, pellets and other agglomerates dropped notably to $X in 2023, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a pronounced shrinkage. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Eastern Europe

In value terms, production of wood chips, parts, residues, pellets and other agglomerates shrank to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, production reached the peak level of $X, and then reduced in the following year.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports in Eastern Europe

In 2023, overseas shipments of wood chips, parts, residues, pellets and other agglomerates were finally on the rise to reach X cubic meters after two years of decline. Over the period under review, exports posted a moderate expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X cubic meters in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates reduced to $X in 2023. Overall, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2022, and then fell in the following year.

Exports by Country

Latvia (X cubic meters), Russia (X cubic meters), Belarus (X cubic meters) and Estonia (X cubic meters) represented roughly X% of total exports in 2023. Lithuania (X cubic meters), Ukraine (X cubic meters), the Czech Republic (X cubic meters) and Poland (X cubic meters) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Belarus (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips, parts, residues, pellets and other agglomerates supplying countries in Eastern Europe were Latvia ($X), Russia ($X) and Estonia ($X), together comprising X% of total exports. Poland, Lithuania, the Czech Republic, Ukraine and Belarus lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per cubic meter in 2023, which is down by X% against the previous year. Export price indicated a notable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for wood chips, parts, residues, pellets and other agglomerates increased by X% against 2020 indices. The growth pace was the most rapid in 2022 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter, and then shrank in the following year.

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 Poland ($X per cubic meter), while Belarus ($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 Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports in Eastern Europe

In 2023, purchases abroad of wood chips, parts, residues, pellets and other agglomerates decreased by X% to X cubic meters, falling for the fourth consecutive year after four years of growth. Over the period under review, imports showed a pronounced curtailment. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates contracted significantly to $X in 2023. Overall, imports, however, showed a pronounced increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then fell rapidly in the following year.

Imports by Country

In 2023, Poland (X cubic meters) represented the key importer of wood chips, parts, residues, pellets and other agglomerates, making up X% of total imports. It was distantly followed by the Czech Republic (X cubic meters), Romania (X cubic meters), Lithuania (X cubic meters), Latvia (X cubic meters) and Slovakia (X cubic meters), together achieving a X% share of total imports. Hungary (X cubic meters) and Estonia (X cubic meters) held a relatively small share of total imports.

Imports into Poland decreased at an average annual rate of X% from 2012 to 2023. At the same time, Romania (X%), Latvia (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Lithuania (X%), Hungary (X%), the Czech Republic (X%) and Estonia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Romania, Latvia and Slovakia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported wood chips, parts, residues, pellets and other agglomerates in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Latvia ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Poland was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Latvia (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per cubic meter, surging by X% against the previous year. In general, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. Over the period under review, import prices hit record highs in 2023 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Estonia ($X per cubic meter), while Hungary ($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 Estonia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform