Wood Fuel Market in Belgium
Market Overview
The Belgian wood fuel market contracted to $
in , with a decrease of -% 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). In general, consumption recorded a abrupt decrease. Wood fuel consumption peaked at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
In value terms, wood fuel production skyrocketed to $ in estimated in export price. Over the period under review, production continues to indicate a deep setback. The most prominent rate of growth was recorded in when the production volume increased by %. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.
in , with a decrease of -% 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). In general, consumption recorded a abrupt decrease. Wood fuel consumption peaked at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.In value terms, wood fuel production skyrocketed to $
in estimated in export price. Over the period under review, production continues to indicate a deep setback. The most prominent rate of growth was recorded in when the production volume increased by %. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.Consumption
Wood fuel consumption in Belgium shrank to cubic meters in , which is down by -% against the previous year's figure. Overall, consumption saw a deep slump. The pace of growth appeared the most rapid in when the consumption volume increased by % against the previous year. Over the period under review, consumption hit record highs at cubic meters in 2012; however, from 2013 to , consumption failed to regain momentum.
The size of the wood fuel market in Belgium dropped slightly to $ in , waning 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). In general, consumption recorded a abrupt decline. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
cubic meters in , which is down by -% against the previous year's figure. Overall, consumption saw a deep slump. The pace of growth appeared the most rapid in when the consumption volume increased by % against the previous year. Over the period under review, consumption hit record highs at cubic meters in 2012; however, from 2013 to , consumption failed to regain momentum.The size of the wood fuel market in Belgium dropped slightly to $
in , waning 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). In general, consumption recorded a abrupt decline. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for wood fuel in Belgium, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to cubic meters by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to cubic meters by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
Belgium remains a net exporter of wood fuel; in physical and value terms, exports consistently exceeded imports from 2012 to . In , there was a trade surplus of cubic meters, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade surplus of cubic meters, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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