Market for Wood Chips And Particles in Belgium
Market Overview
The Belgian wood chips and particles market surged 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). In general, consumption posted significant growth. Over the period under review, the market hit record highs in and is likely to see gradual growth in the immediate term.
In value terms, wood chips and particles production fell to $ in estimated in export price. Over the period under review, the total production indicated a modest increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of % against the previous year. As a result, production reached the peak level of $. From to , production growth failed to regain momentum.
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). In general, consumption posted significant growth. Over the period under review, the market hit record highs in and is likely to see gradual growth in the immediate term.In value terms, wood chips and particles production fell to $
in estimated in export price. Over the period under review, the total production indicated a modest increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of % against the previous year. As a result, production reached the peak level of $. From to , production growth failed to regain momentum.Consumption
In , wood chips and particles consumption in Belgium surged to cubic meters, increasing by % compared with the previous year's figure. In general, consumption enjoyed a significant increase. Over the period under review, consumption hit record highs in and is expected to retain growth in the immediate term.
The value of the wood chips and particles market in Belgium surged to $ in , jumping 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 saw significant growth. Over the period under review, the market hit record highs in and is expected to retain growth in the near future.
, wood chips and particles consumption in Belgium surged to cubic meters, increasing by % compared with the previous year's figure. In general, consumption enjoyed a significant increase. Over the period under review, consumption hit record highs in and is expected to retain growth in the immediate term.The value of the wood chips and particles market in Belgium surged to $
in , jumping 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 saw significant growth. Over the period under review, the market hit record highs in and is expected to retain growth in the near future.Market Forecast
The wood chips and particles market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year 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 eight-year 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
Wood chips and particles market in Belgium remained dependent on supplies from foreign countries. In , the share of imports in total consumption was % in value terms and % in physical terms. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
, the share of imports in total consumption was % in value terms and % in physical terms. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Belgium remains a net importer of wood chips and particles; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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