Europe: Wood Pellets Market 2024

Wood Pellets Market Size in Europe

The Europe wood pellets market surged to $X in 2022, increasing by X% against the previous year. The total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2014 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Wood Pellets Production in Europe

In value terms, wood pellets production contracted to $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Wood Pellets Exports

Exports in Europe

In 2022, overseas shipments of wood pellets decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The volume of export peaked at X tons in 2021, and then dropped in the following year.

In value terms, wood pellets exports skyrocketed to $X in 2022. Overall, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

The biggest shipments were from Latvia (X tons), Russia (X tons) and Estonia (X tons), together resulting at X% of total export. Germany (X tons) took the next position in the ranking, followed by Austria (X tons), Belarus (X tons) and Belgium (X tons). All these countries together held near X% share of total exports. Ukraine (X tons), Lithuania (X tons), Portugal (X tons), Denmark (X tons), Poland (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Estonia ($X) and Russia ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Austria, Germany, Belgium, Lithuania, Poland, the Czech Republic, Portugal, Ukraine, Denmark and Belarus lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Belgium, with a CAGR of X%, saw 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 2022, the export price in Europe amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Wood Pellets Imports

Imports in Europe

For the eleventh consecutive year, Europe recorded growth in purchases abroad of wood pellets, which increased by X% to X tons in 2022. In general, imports enjoyed resilient growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, wood pellets imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The UK represented the main importing country with an import of about X tons, which resulted at X% of total imports. Italy (X tons) ranks second in terms of the total imports with a X% share, followed by the Netherlands (X%), Denmark (X%) and Belgium (X%). France (X tons) and Germany (X tons) followed a long way behind the leaders.

Imports into the UK increased at an average annual rate of X% from 2012 to 2022. At the same time, France (X%), Italy (X%), the Netherlands (X%), Germany (X%), Denmark (X%) and Belgium (X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. The UK (X p.p.), France (X p.p.) and Italy (X p.p.) significantly strengthened its position in terms of the total imports, while Germany, Belgium and Denmark saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wood pellets importing markets in Europe were the UK ($X), Italy ($X) and Denmark ($X), together comprising X% of total imports. The Netherlands, Belgium, France and Germany lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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