Wood Fuel Market Overview in the United Kingdom
In value terms, wood fuel production skyrocketed to $ in estimated in export prices. Over the period under review, production posted a significant expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by % year-to-year. Over the period under review, production attained the peak level in and is expected to retain growth in the immediate term.
The revenue of the wood fuel market in the UK skyrocketed to $ in , rising 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 posted significant growth. The pace of growth was the most pronounced in 2018 when the market value increased by % y-o-y. Over the period under review, the market hit record highs in and is likely to continue growth in years to come.