Wood Fuel Market Overview in Spain
In value terms, wood fuel production contracted slightly to $ in estimated in export prices. Over the period under review, production continues to indicate slight growth. The pace of growth was the most pronounced in 2014 when the production volume increased by % year-to-year. Over the period under review, production hit record highs at $ in 2015; however, from 2016 to , production remained at a lower figure.
The revenue of the wood fuel market in Spain shrank remarkably 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). Over the period under review, consumption continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2018 with an increase of % year-to-year. Wood fuel consumption peaked at $ in 2015; however, from 2016 to , consumption failed to regain the momentum.