Wood Fuel Market Overview in Belgium
In value terms, wood fuel production declined to $ in estimated in export prices. Overall, production recorded a perceptible descent. The pace of growth was the most pronounced in 2018 with an increase of % y-o-y. Wood fuel production peaked at $ in 2013; however, from 2014 to , production remained at a lower figure.
The size of the wood fuel market in Belgium contracted markedly to $ in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a deep downturn. The most prominent rate of growth was recorded in 2018 when the market value increased by % against the previous year. Wood fuel consumption peaked at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.