Australia: Market for Wood Chips, Particles And Residues 2024

Market Size for Wood Chips, Particles And Residues in Australia

After four years of growth, the Australian market for wood chips, particles and residues decreased by X% to $X in 2021. In general, consumption, however, continues to indicate a prominent increase. Over the period under review, the market reached the peak level at $X in 2020, and then contracted in the following year.

Production of Wood Chips, Particles And Residues in Australia

In value terms, wood chips, particles and residues production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Wood chips, particles and residues production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Wood Chips, Particles And Residues

Exports from Australia

In 2021, after two years of decline, there was significant growth in overseas shipments of wood chips, particles and residues, when their volume increased by X% to X cubic meters. Over the period under review, exports, however, showed a perceptible descent. The exports peaked at X cubic meters in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood chips, particles and residues exports soared to $X in 2021. In general, total exports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by X% against 2018 indices. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X cubic meters), China (X cubic meters) and Taiwan (Chinese) (X cubic meters) were the main destinations of wood chips, particles and residues exports from Australia, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Japan ($X), China ($X) and Taiwan (Chinese) ($X) appeared to be the largest markets for wood chips, particles and residues exported from Australia worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, China, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for wood chips, particles and residues stood at $X per cubic meter in 2021, reducing by X% against the previous year. Over the period under review, the export price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per cubic meter in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per cubic meter), while the average price for exports to Japan ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports into Australia

Wood chips, particles and residues imports into Australia fell dramatically to X cubic meters in 2021, declining by X% on the previous year. Overall, imports showed a mild decrease. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at X cubic meters in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, wood chips, particles and residues imports soared to $X in 2021. The total import value increased at an average annual rate of X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X cubic meters), France (X cubic meters) and the United States (X cubic meters) were the main suppliers of wood chips, particles and residues imports to Australia, with a combined X% share of total imports. China, the UK, Canada, Poland and Portugal lagged somewhat behind, together comprising a further X%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips, particles and residues suppliers to Australia were France ($X), the United States ($X) and China ($X), together accounting for X% of total imports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for wood chips, particles and residues stood at $X per cubic meter in 2021, with an increase of X% against the previous year. Overall, the import price enjoyed resilient growth. The growth pace was the most rapid in 2017 when the average import price increased by X%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per cubic meter), while the price for the UK ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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