U.S.: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in the U.S.

The U.S. market for wood chips, parts, residues, pellets and other agglomerates contracted to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, saw a strong expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in the U.S.

In value terms, production of wood chips, parts, residues, pellets and other agglomerates declined slightly to $X in 2022. In general, production continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Production of peaked at $X in 2019; afterwards, it flattened through to 2022.

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

Exports from the U.S.

In 2022, approx. X cubic meters of wood chips, parts, residues, pellets and other agglomerates were exported from the United States; growing by X% on 2021. In general, total exports indicated a buoyant expansion from 2012 to 2022: its volume 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, exports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates skyrocketed to $X in 2022. Overall, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X cubic meters) was the main destination for exports of wood chips, parts, residues, pellets and other agglomerates from the United States, accounting for a X% share of total exports. Moreover, exports of wood chips, parts, residues, pellets and other agglomerates to the UK exceeded the volume sent to the second major destination, Japan (X cubic meters), twofold. The Netherlands (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and the Netherlands (X% per year).

In value terms, the UK ($X) remains the key foreign market for wood chips, parts, residues, pellets and other agglomerates exports from the United States, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, 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 reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the U.S.

In 2022, the amount of wood chips, parts, residues, pellets and other agglomerates imported into the United States dropped to X cubic meters, shrinking by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X cubic meters in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates dropped to $X in 2022. Overall, total imports indicated notable growth 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Canada (X cubic meters) was the main wood chips, parts, residues, pellets and other agglomerates supplier to the United States, with a X% share of total imports. It was followed by France (X cubic meters), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Canada stood at X%.

In value terms, Canada ($X) constituted the largest supplier of wood chips, parts, residues, pellets and other agglomerates to the United States, comprising X% of total imports. The second position in the ranking was taken by France ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada amounted to X%.

Import Prices by Country

In 2022, the average import price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, dropping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Canada amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%).

Source: IndexBox Platform

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