Belarus: Market for Wood Chips, Particles And Residues 2024

Market Size for Wood Chips, Particles And Residues in Belarus

The Belarusian market for wood chips, particles and residues soared to $X in 2021, rising by X% against the previous year. Overall, consumption posted a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Wood Chips, Particles And Residues in Belarus

In value terms, wood chips, particles and residues production declined slightly to $X in 2021 estimated in export price. In general, production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Wood Chips, Particles And Residues

Exports from Belarus

In 2021, overseas shipments of wood chips, particles and residues decreased by X% to X cubic meters, falling for the second year in a row after eight years of growth. Over the period under review, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood chips, particles and residues exports dropped remarkably to $X in 2021. In general, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X cubic meters), Lithuania (X cubic meters) and Latvia (X cubic meters) were the main destinations of wood chips, particles and residues exports from Belarus, with a combined X% share of total exports. These countries were followed by Romania, which accounted for a further X%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood chips, particles and residues exported from Belarus were Poland ($X), Lithuania ($X) and Latvia ($X), with a combined X% share of total exports. Romania lagged somewhat behind, accounting for a further X%.

Among the main countries of destination, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for wood chips, particles and residues amounted to $X per cubic meter, jumping by X% against the previous year. In general, the export price, however, recorded a drastic downturn. The export price peaked at $X per cubic meter in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Lithuania ($X per cubic meter) and Romania ($X per cubic meter), while the average price for exports to Latvia ($X per cubic meter) and Poland ($X per cubic meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced a decline.

Imports of Wood Chips, Particles And Residues

Imports into Belarus

In 2021, overseas purchases of wood chips, particles and residues were finally on the rise to reach X cubic meters for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of X cubic meters. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, wood chips, particles and residues imports expanded sharply to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Poland (X cubic meters), Lithuania (X cubic meters) and Russia (X cubic meters) were the main suppliers of wood chips, particles and residues imports to Belarus, together accounting for X% of total imports. Ukraine and Germany lagged somewhat behind, together accounting for a further X%.

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

In value terms, Poland ($X), Russia ($X) and Ukraine ($X) were the largest wood chips, particles and residues suppliers to Belarus, with a combined X% share of total imports.

Ukraine, with a CAGR of X%, saw 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 a decrease of X% against the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for Lithuania ($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 Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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